Elite Farmers Trading Co Limited 07418321 false 2025-01-01 2025-12-31 2025-12-31 The principal activity of the company is Agricultural input agents Digita Accounts Production Advanced 6.30.9574.0 true 07418321 2025-01-01 2025-12-31 07418321 2025-12-31 07418321 core:CurrentFinancialInstruments 2025-12-31 07418321 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 07418321 core:FurnitureFittingsToolsEquipment 2025-12-31 07418321 bus:SmallEntities 2025-01-01 2025-12-31 07418321 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 07418321 bus:FilletedAccounts 2025-01-01 2025-12-31 07418321 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 07418321 bus:RegisteredOffice 2025-01-01 2025-12-31 07418321 bus:Director1 2025-01-01 2025-12-31 07418321 bus:Director3 2025-01-01 2025-12-31 07418321 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 07418321 core:FurnitureFittingsToolsEquipment 2025-01-01 2025-12-31 07418321 countries:EnglandWales 2025-01-01 2025-12-31 07418321 2024-12-31 07418321 core:FurnitureFittingsToolsEquipment 2024-12-31 07418321 2024-01-01 2024-12-31 07418321 2024-12-31 07418321 core:CurrentFinancialInstruments 2024-12-31 07418321 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 07418321 core:FurnitureFittingsToolsEquipment 2024-12-31 iso4217:GBP xbrli:pure

Registration number: 07418321

Elite Farmers Trading Co Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 December 2025

Elite Farmers Trading Co Limited
(Registration number: 07418321)

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Elite Farmers Trading Co Limited
(Registration number: 07418321)

Company Information

Directors | Mr Ian Watson Mr Jonathan Dennis

Registered office | Lower Court 8 Copley Hill Business Park Babraham Cambridgeshire CB22 3GN

Registered number | 07418321

Elite Farmers Trading Co Limited
(Registration number: 07418321)

Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed Assets |  |  |
Tangible Assets | 4 | - | 49
Current assets |  |  |
Debtors | 5 | 88,937 | 56,860
Cash at bank and in hand |  | 121,200 | 102,796
|  | 210,137 | 159,656
Creditors: Amounts falling due within one year | 6 | (107,635) | (63,235)
Net current assets |  | 102,502 | 96,421
Net assets |  | 102,502 | 96,470
Capital and Reserves |  |  |
Called up share capital |  | 5,000 | 5,000
Retained Earnings |  | 97,502 | 91,470
Shareholders' funds |  | 102,502 | 96,470

For the financial year ending 31 December 2025 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 12 August 2026 and signed on its behalf by:

......................................... Mr Ian Watson Director

Elite Farmers Trading Co Limited
(Registration number: 07418321)

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Lower Court 8
Copley Hill Business Park
Babraham
Cambridgeshire
CB22 3GN

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible Assets

Tangible Assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Elite Farmers Trading Co Limited
(Registration number: 07418321)

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade Debtors

Trade Debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade Creditors

Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

Elite Farmers Trading Co Limited
(Registration number: 07418321)

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4 | Tangible Assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 January 2025 | 14,045 | 14,045
At 31 December 2025 | 14,045 | 14,045
Depreciation
At 1 January 2025 | 13,996 | 13,996
Charge for the year | 49 | 49
At 31 December 2025 | 14,045 | 14,045
Carrying amount
At 31 December 2025 | - | -
At 31 December 2024 | 49 | 49

5 | Debtors

The directors have reviewed trade debtors for impairment and consider the impairment losses to be provided for the year are £Nil (2024 - £Nil)
All amounts are due within one year.

Current | 2025 £ | 2024 £
Trade Debtors | 70,417 | 35,757
Prepayments | - | 448
Other debtors | 18,520 | 20,655
| 88,937 | 56,860

Elite Farmers Trading Co Limited
(Registration number: 07418321)

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade Creditors | 2,329 | 9,630
Taxation and social security | 77,819 | 41,235
Accruals and deferred income | 27,487 | 12,370
| 107,635 | 63,235