REGISTERED NUMBER: 16104915 (England and Wales)

LOWER YARDRO POULTRY LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 27 NOVEMBER 2024 TO 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S Price

J G Price

G O Price

REGISTERED OFFICE:

Lower Yardro

Old Radnor

Presteigne

Powys

LD8 2RP

REGISTERED NUMBER:

16104915 (England and Wales)

ACCOUNTANTS:

Davies Edwards & Co

Chartered Certified Accountants

West Lodge

Rainbow Street

Leominster

Herefordshire

HR6 8DQ

FIXED ASSETS

Tangible assets

4

1,052,051

CURRENT ASSETS

Stocks

215,000

Debtors

5

187,216

Cash at bank

809,080

1,211,296

CREDITORS

Amounts falling due within one year

6

430,575

NET CURRENT ASSETS

780,721

TOTAL ASSETS LESS CURRENT LIABILITIES

1,832,772

CREDITORS

Amounts falling due after more than one year

7

(1,246,560

)

PROVISIONS FOR LIABILITIES

(3,873

)

NET ASSETS

582,339

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

9

582,239

SHAREHOLDERS' FUNDS

582,339

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 25 August 2026 and were signed on its behalf by:

J G Price - Director

1.	STATUTORY INFORMATION

Lower Yardro Poultry Ltd 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.

Farm improvements, fixtures and fittings

-

10% on reducing balance

Implements and machinery

-

10% 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 period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	TANGIBLE FIXED ASSETS

Farm

improvements,

fixtures

Implements

and

and

fittings

machinery

Totals

£

£

£

COST

Additions

1,200,554

8,067

1,208,621

Grants

(50,000

)

-

(50,000

)

At 31 March 2026

1,150,554

8,067

1,158,621

DEPRECIATION

Charge for period

105,825

745

106,570

At 31 March 2026

105,825

745

106,570

NET BOOK VALUE

At 31 March 2026

1,044,729

7,322

1,052,051

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

168,461

VAT

4,092

Prepayments and accrued income

14,663

187,216

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

30,000

Trade creditors

38,285

Tax

190,206

Directors' current accounts

167,397

Accruals and deferred income

4,687

430,575

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans - 1-2 years

30,000

Bank loans - 2-5 years

90,000

Bank loans more 5 yr by instal

1,126,560

1,246,560

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,126,560

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .

9.

RESERVES

Retained

earnings

£

Profit for the period

582,239

At 31 March 2026

582,239

10.	RELATED PARTY DISCLOSURES

The directors of Lower Yardro Poultry Ltd are also partners in Messrs O H Price and Son.

During the year goods and services were purchased from Messrs O H Price and Son of £1,282,500.