REGISTERED NUMBER: 07513648 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

AGRONOMY SUPPLIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G P Gaines

J A Gaines

REGISTERED OFFICE:

33-35 Exchange Street

Driffield

East Yorkshire

YO25 6LL

REGISTERED NUMBER:

07513648 (England and Wales)

ACCOUNTANTS:

Jackson Robson Licence Limited

33-35 Exchange Street

Driffield

East Yorkshire

YO25 6LL

BANKERS:

HSBC Bank plc

12 Market Place

Driffield

East Yorkshire

YO25 6AQ

FIXED ASSETS

Intangible assets

4

24,000

32,000

Tangible assets

5

73,296

60,977

97,296

92,977

CURRENT ASSETS

Stocks

214,525

161,724

Debtors

6

186,812

186,532

Cash at bank and in hand

581,101

524,672

982,438

872,928

CREDITORS

Amounts falling due within one year

7

269,656

233,001

NET CURRENT ASSETS

712,782

639,927

TOTAL ASSETS LESS CURRENT LIABILITIES

810,078

732,904

CREDITORS

Amounts falling due after more than one year

8

(6,981

)

(13,963

)

PROVISIONS FOR LIABILITIES

(13,954

)

(10,992

)

NET ASSETS

789,143

707,949

CAPITAL AND RESERVES

Called up share capital

122

122

Retained earnings

789,021

707,827

SHAREHOLDERS' FUNDS

789,143

707,949

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 June 2026 and were signed on its behalf by:

G P Gaines - Director

J A Gaines - Director

1.	STATUTORY INFORMATION

Agronomy Supplies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & equipment

-

25% on reducing balance

Fixtures & fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

40,000

AMORTISATION

At 1 February 2025

8,000

Charge for year

8,000

At 31 January 2026

16,000

NET BOOK VALUE

At 31 January 2026

24,000

At 31 January 2025

32,000

5.	TANGIBLE FIXED ASSETS

Plant &

Fixtures

Motor

Computer

equipment

& fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2025

3,900

2,304

98,181

4,020

108,405

Additions

-

373

35,499

899

36,771

Disposals

-

(190

)

-

-

(190

)

At 31 January 2026

3,900

2,487

133,680

4,919

144,986

DEPRECIATION

At 1 February 2025

3,787

1,763

40,451

1,427

47,428

Charge for year

28

223

23,307

873

24,431

Eliminated on disposal

-

(169

)

-

-

(169

)

At 31 January 2026

3,815

1,817

63,758

2,300

71,690

NET BOOK VALUE

At 31 January 2026

85

670

69,922

2,619

73,296

At 31 January 2025

113

541

57,730

2,593

60,977

6.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Trade debtors

162,086

162,621

Other debtors

5,726

4,911

167,812

167,532

Amounts falling due after more than one year:

Other debtors

19,000

19,000

Aggregate amounts

186,812

186,532

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

6,981

6,981

Trade creditors

48,601

54,041

Taxation and social security

120,858

118,392

Other creditors

93,216

53,587

269,656

233,001

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

6,981

13,963

9.	ULTIMATE CONTROLLING PARTY

The controlling party is G P Gaines.

The ultimate controlling party is G P Gaines.