Company No: 11248266 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	370,705		442,975
		370,705		442,975
Current assets
Debtors	4	63,704		50,233
Cash at bank and in hand		140,532		179,700
		204,236		229,933
Creditors: amounts falling due within one year	5	( 32,366)		( 22,345)
Net current assets		171,870		207,588
Total assets less current liabilities		542,575		650,563
Provision for liabilities		( 2,684)		( 29,681)
Net assets		539,891		620,882
Capital and reserves
Called-up share capital		661,000		661,000
Profit and loss account		( 121,109 )		( 40,118 )
Total shareholders' funds		539,891		620,882

For the financial year ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Audley End Farming Limited (registered number: 11248266) were approved and authorised for issue by the Board of Directors on 20 August 2026. They were signed on its behalf by:

L D C Newman Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Audley End Farming Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Audley End Estate Office, Bruncketts, Wendens Ambo, Saffron Walden, Essex, CB11 4JL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Audley End Farming Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

Going concern

The financial statements have been prepared on a going concern basis.

The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

Turnover

Turnover represents amounts receivable from farm contracting services provided during the year.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	25 % reducing balance
Vehicles	5 years straight line
Computer equipment	4 years straight line
Other property, plant and equipment	5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.

Interest bearing loans which meet the criteria to be classified as basic financial instruments are recorded at the present value of cash payable to the lender, which is ordinarily equal to the proceeds received net of direct issue costs.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	5		5

3. Tangible assets

	Plant and machinery		Vehicles		Computer equipment		Other property, plant and equipment		Total
	£		£		£		£		£
Cost
At 01 April 2025	597,696		18,000		11,783		852,150		1,479,629
Additions	87,229		0		0		0		87,229
At 31 March 2026	684,925		18,000		11,783		852,150		1,566,858
Accumulated depreciation
At 01 April 2025	394,580		11,250		4,546		626,278		1,036,654
Charge for the financial year	64,367		2,250		2,685		90,197		159,499
At 31 March 2026	458,947		13,500		7,231		716,475		1,196,153
Net book value
At 31 March 2026	225,978		4,500		4,552		135,675		370,705
At 31 March 2025	203,116		6,750		7,237		225,872		442,975

4. Debtors

	2026		2025
	£		£
Trade debtors	10,137		4,598
Prepayments	33,282		33,867
VAT recoverable	0		11,429
Other debtors	20,285		339
	63,704		50,233

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	4,334		10,226
Accruals	8,254		8,816
Other taxation and social security	19,742		3,303
Other creditors	36		0
	32,366		22,345