IRIS Accounts Production v26.2.0.496 02167809 Board of Directors 6.4.25 5.4.26 5.4.26 false true false false true false Ordinary 1.00000 Redeemable 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 02167809 2025-04-05 02167809 2026-04-05 02167809 2025-04-06 2026-04-05 02167809 2024-04-05 02167809 2024-04-06 2025-04-05 02167809 2025-04-05 02167809 ns15:EnglandWales 2025-04-06 2026-04-05 02167809 ns14:PoundSterling 2025-04-06 2026-04-05 02167809 ns10:Director1 2025-04-06 2026-04-05 02167809 ns10:PrivateLimitedCompanyLtd 2025-04-06 2026-04-05 02167809 ns10:SmallEntities 2025-04-06 2026-04-05 02167809 ns10:AuditExempt-NoAccountantsReport 2025-04-06 2026-04-05 02167809 ns10:SmallCompaniesRegimeForDirectorsReport 2025-04-06 2026-04-05 02167809 ns10:SmallCompaniesRegimeForAccounts 2025-04-06 2026-04-05 02167809 ns10:FullAccounts 2025-04-06 2026-04-05 02167809 ns10:OrdinaryShareClass1 2025-04-06 2026-04-05 02167809 ns10:OrdinaryShareClass2 2025-04-06 2026-04-05 02167809 ns10:Director2 2025-04-06 2026-04-05 02167809 ns10:Director3 2025-04-06 2026-04-05 02167809 ns10:Director4 2025-04-06 2026-04-05 02167809 ns10:RegisteredOffice 2025-04-06 2026-04-05 02167809 ns5:CurrentFinancialInstruments 2026-04-05 02167809 ns5:CurrentFinancialInstruments 2025-04-05 02167809 ns5:Non-currentFinancialInstruments 2026-04-05 02167809 ns5:Non-currentFinancialInstruments 2025-04-05 02167809 ns5:ShareCapital 2026-04-05 02167809 ns5:ShareCapital 2025-04-05 02167809 ns5:RetainedEarningsAccumulatedLosses 2026-04-05 02167809 ns5:RetainedEarningsAccumulatedLosses 2025-04-05 02167809 ns5:LeaseholdImprovements 2025-04-06 2026-04-05 02167809 ns5:PlantMachinery 2025-04-06 2026-04-05 02167809 ns5:FurnitureFittings 2025-04-06 2026-04-05 02167809 ns5:MotorVehicles 2025-04-06 2026-04-05 02167809 ns5:LeaseholdImprovements 2025-04-05 02167809 ns5:PlantMachinery 2025-04-05 02167809 ns5:FurnitureFittings 2025-04-05 02167809 ns5:LeaseholdImprovements 2026-04-05 02167809 ns5:PlantMachinery 2026-04-05 02167809 ns5:FurnitureFittings 2026-04-05 02167809 ns5:LeaseholdImprovements 2025-04-05 02167809 ns5:PlantMachinery 2025-04-05 02167809 ns5:FurnitureFittings 2025-04-05 02167809 ns5:MotorVehicles 2025-04-05 02167809 ns5:ComputerEquipment 2025-04-05 02167809 ns5:ComputerEquipment 2025-04-06 2026-04-05 02167809 ns5:MotorVehicles 2026-04-05 02167809 ns5:ComputerEquipment 2026-04-05 02167809 ns5:MotorVehicles 2025-04-05 02167809 ns5:ComputerEquipment 2025-04-05 02167809 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-04-05 02167809 ns5:LeasedAssetsHeldAsLessee ns5:FurnitureFittings 2025-04-05 02167809 ns5:LeasedAssetsHeldAsLessee 2025-04-05 02167809 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-04-06 2026-04-05 02167809 ns5:LeasedAssetsHeldAsLessee ns5:FurnitureFittings 2025-04-06 2026-04-05 02167809 ns5:LeasedAssetsHeldAsLessee 2025-04-06 2026-04-05 02167809 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2026-04-05 02167809 ns5:LeasedAssetsHeldAsLessee ns5:FurnitureFittings 2026-04-05 02167809 ns5:LeasedAssetsHeldAsLessee 2026-04-05 02167809 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-04-05 02167809 ns5:LeasedAssetsHeldAsLessee ns5:FurnitureFittings 2025-04-05 02167809 ns5:LeasedAssetsHeldAsLessee 2025-04-05 02167809 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-04-05 02167809 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-04-05 02167809 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2026-04-05 02167809 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-04-05 02167809 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2026-04-05 02167809 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-04-05 02167809 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2026-04-05 02167809 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2025-04-05 02167809 ns10:OrdinaryShareClass1 2026-04-05 02167809 ns10:OrdinaryShareClass2 2026-04-05 02167809 ns5:RetainedEarningsAccumulatedLosses 2025-04-05 02167809 ns5:RetainedEarningsAccumulatedLosses 2025-04-06 2026-04-05 02167809 ns10:Director3 3 2025-04-05 02167809 ns10:Director3 3 2024-04-05 02167809 ns10:Director3 3 2025-04-06 2026-04-05 02167809 ns10:Director3 3 2024-04-06 2025-04-05 02167809 ns10:Director3 3 2026-04-05 02167809 ns10:Director3 3 2025-04-05 02167809 2 ns10:Director2 2025-04-05 02167809 2 ns10:Director2 2024-04-05 02167809 2 ns10:Director2 2025-04-06 2026-04-05 02167809 2 ns10:Director2 2024-04-06 2025-04-05 02167809 2 ns10:Director2 2026-04-05 02167809 2 ns10:Director2 2025-04-05

REGISTERED NUMBER: 02167809 (England and Wales)

D R DAVIES & SONS (COURT FARM) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2026

D R DAVIES & SONS (COURT FARM) LIMITED (REGISTERED NUMBER: 02167809)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2026

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

D R DAVIES & SONS (COURT FARM) LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 5 APRIL 2026

| DIRECTORS: | M R Davies

| T M T Davies

| J R Davies

| Mrs L M Davies

| REGISTERED OFFICE: | West Lodge

| Rainbow Street

| Leominster

| Herefordshire

| HR6 8DQ

| REGISTERED NUMBER: | 02167809 (England and Wales)

| ACCOUNTANTS: | Davies Edwards & Co

| Chartered Certified Accountants

| West Lodge

| Rainbow Street

| Leominster

| Herefordshire

| HR6 8DQ

D R DAVIES & SONS (COURT FARM) LIMITED (REGISTERED NUMBER: 02167809)

BALANCE SHEET

5 APRIL 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 376,473 |  | 269,995 |  |

CURRENT ASSETS

Stocks | 268,092 |  | 242,809 |  |

Debtors | 5 | 62,155 |  | 81,648 |  |

Investments | 6 | 1,801 |  | 1,801 |  |

332,048 |  | 326,258 |  |

CREDITORS

Amounts falling due within one year | 7 | 308,251 |  | 330,386 |  |

NET CURRENT ASSETS/(LIABILITIES) | 23,797 |  | (4,128 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 400,270 |  | 265,867 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (174,670 | ) | (120,473 | ) |

PROVISIONS FOR LIABILITIES | (38,276 | ) | (31,683 | ) |

NET ASSETS | 187,324 |  | 113,711 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 200,100 |  | 200,100 |  |

Retained earnings | 10 | (12,776 | ) | (86,389 | ) |

SHAREHOLDERS' FUNDS | 187,324 |  | 113,711 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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.

D R DAVIES & SONS (COURT FARM) LIMITED (REGISTERED NUMBER: 02167809)

BALANCE SHEET - continued

5 APRIL 2026

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 Statement of Comprehensive Income has not been delivered.

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

M R Davies - Director

D R DAVIES & SONS (COURT FARM) LIMITED (REGISTERED NUMBER: 02167809)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2026

1. | STATUTORY INFORMATION

| D R Davies & Sons (Court Farm) 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Buildings and improvements | - | in accordance with the property

| Implements and machinery | - | 10% on reducing balance

| Tractors and motor vehicles | - | 25% on reducing balance

| Leased assets | - | 20% 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.

D R DAVIES & SONS (COURT FARM) LIMITED (REGISTERED NUMBER: 02167809)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 5 APRIL 2026

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2025 - 4 ) .

4. | TANGIBLE FIXED ASSETS

| Buildings |  | Implements |  | Tractors

| and |  | and |  | and motor

| improvements |  | machinery |  | vehicles

£ | £ | £ |

| COST

| At 6 April 2025 | 217,281 |  | 188,425 |  | 151,550 |  |

| Additions | 133,475 |  | 1,950 |  | - |  |

| At 5 April 2026 | 350,756 |  | 190,375 |  | 151,550 |  |

| DEPRECIATION

| At 6 April 2025 | 99,368 |  | 103,920 |  | 84,106 |  |

| Charge for year | 10,055 |  | 8,650 |  | 10,117 |  |

| At 5 April 2026 | 109,423 |  | 112,570 |  | 94,223 |  |

| NET BOOK VALUE

| At 5 April 2026 | 241,333 |  | 77,805 |  | 57,327 |  |

| At 5 April 2025 | 117,913 |  | 84,505 |  | 67,444 |  |

| Leased |  | Office |

| assets |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 6 April 2025 | 12,500 |  | 1,271 |  | 571,027 |  |

| Additions | - |  | - |  | 135,425 |  |

| At 5 April 2026 | 12,500 |  | 1,271 |  | 706,452 |  |

| DEPRECIATION

| At 6 April 2025 | 12,490 |  | 1,148 |  | 301,032 |  |

| Charge for year | 2 |  | 123 |  | 28,947 |  |

| At 5 April 2026 | 12,492 |  | 1,271 |  | 329,979 |  |

| NET BOOK VALUE

| At 5 April 2026 | 8 |  | - |  | 376,473 |  |

| At 5 April 2025 | 10 |  | 123 |  | 269,995 |  |

D R DAVIES & SONS (COURT FARM) LIMITED (REGISTERED NUMBER: 02167809)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 5 APRIL 2026

4. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Implements |  | Tractors |

| and |  | and motor |

| machinery |  | vehicles |  | Totals

£ | £ | £ |

| COST

| At 6 April 2025 | - |  | 56,850 |  | 56,850 |  |

| Transfer to ownership | - |  | (56,850 | ) | (56,850 | ) |

| Reclassification/transfer | 8,750 |  | - |  | 8,750 |  |

| At 5 April 2026 | 8,750 |  | - |  | 8,750 |  |

| DEPRECIATION

| At 6 April 2025 | - |  | 21,937 |  | 21,937 |  |

| Charge for year | 788 |  | - |  | 788 |  |

| Transfer to ownership | - |  | (21,937 | ) | (21,937 | ) |

| Reclassification/transfer | 875 |  | - |  | 875 |  |

| At 5 April 2026 | 1,663 |  | - |  | 1,663 |  |

| NET BOOK VALUE

| At 5 April 2026 | 7,087 |  | - |  | 7,087 |  |

| At 5 April 2025 | - |  | 34,913 |  | 34,913 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Trade debtors | 42,579 |  | 60,284 |  |

| PAYE and NIC debtor | - |  | 450 |  |

| Directors' current accounts | - |  | 135 |  |

| VAT | 13,346 |  | 14,974 |  |

| Prepayments | 6,230 |  | 5,805 |  |

62,155 |  | 81,648 |  |

6. | CURRENT ASSET INVESTMENTS

2026 | 2025 |

£ | £ |

| Unlisted investments | 1,801 |  | 1,801 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Bank loans and overdrafts | 94,044 |  | 112,981 |  |

| Hire purchase contracts | 3,136 |  | 8,889 |  |

| Trade creditors | 57,125 |  | 73,783 |  |

| Tax | 34,922 |  | 21,801 |  |

| Social security and other taxes | 687 |  | - |  |

| Net pay control | 2,738 |  | - |  |

| Directors' current accounts | 111,380 |  | 108,082 |  |

| Accruals and deferred income | 4,219 |  | 4,850 |  |

308,251 |  | 330,386 |  |

D R DAVIES & SONS (COURT FARM) LIMITED (REGISTERED NUMBER: 02167809)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 5 APRIL 2026

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2025 |

£ | £ |

| Bank loans - 1-2 years | 33,429 |  | 19,381 |  |

| Bank loans - 2-5 years | 86,069 |  | 32,484 |  |

| Bank loans more 5 yr by instal | 55,172 |  | 68,608 |  |

174,670 |  | 120,473 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 55,172 |  | 68,608 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2026 | 2025 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

| 200,000 | Redeemable | £1 | 200,000 |  | 200,000 |  |

200,100 |  | 200,100 |  |

10. | RESERVES

| Retained

| earnings

£ |

| At 6 April 2025 | (86,389 | ) |

| Profit for the year | 85,613 |  |

| Dividends | (12,000 | ) |

| At 5 April 2026 | (12,776 | ) |

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 5 April 2026 and 5 April 2025:

2026 | 2025 |

£ | £ |

| J R Davies

| Balance outstanding at start of year | (135 | ) | (2,008 | ) |

| Amounts advanced | (2,971 | ) | (2,857 | ) |

| Amounts repaid | 11,384 |  | 4,730 |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 8,278 |  | (135 | ) |

D R DAVIES & SONS (COURT FARM) LIMITED (REGISTERED NUMBER: 02167809)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 5 APRIL 2026

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

| T M T Davies

| Balance outstanding at start of year | 506 |  | (1,256 | ) |

| Amounts advanced | (3,088 | ) | (2,968 | ) |

| Amounts repaid | 11,384 |  | 4,730 |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 8,802 |  | 506 |  |

12. | RELATED PARTY DISCLOSURES

| During the year, total dividends of £12,000 (2025 - £17,000) were paid to the directors .

| The directors M R, T M T and J R Davies received a total of £15,135 for rent of land and employee related accommodation (M R Davies 2025- £7,789).