REGISTERED NUMBER: 07084547 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

AGRITASK LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J W Terpstra

REGISTERED OFFICE:

The Old Stables Sutton Manor Farm

Bishop's Sutton

Alresford

Hampshire

SO24 0AA

REGISTERED NUMBER:

07084547 (England and Wales)

ACCOUNTANTS:

Lewis Brownlee (Chichester) Limited

Grange House

Grange Road

Midhurst

West Sussex

GU29 9LS

FIXED ASSETS

Tangible assets

4

129,551

124,389

Investments

5

150

150

129,701

124,539

CURRENT ASSETS

Stocks

96,751

83,446

Debtors

6

273,439

126,129

370,190

209,575

CREDITORS

Amounts falling due within one year

7

269,165

143,055

NET CURRENT ASSETS

101,025

66,520

TOTAL ASSETS LESS CURRENT LIABILITIES

230,726

191,059

CREDITORS

Amounts falling due after more than one year

8

(2,474

)

(12,500

)

PROVISIONS FOR LIABILITIES

(23,872

)

(22,844

)

NET ASSETS

204,380

155,715

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

204,180

155,515

204,380

155,715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 20 August 2026 and were signed by:

J W Terpstra - Director

1.	STATUTORY INFORMATION

Agritask 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.

The presentational currency of the financial statements is in Pound Sterling (£) which is rounded to the nearest pound (£).

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.

Plant and machinery

-

15% 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.

Financial instruments

Financial instruments are classified by the director as basic or advanced following the conditions in FRS 102 section 1a. Basic financial instruments are recognised at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost. The company has no advanced financial instruments.

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.

Hire purchase and leasing commitments

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

281,288

9,300

796

291,384

Additions

9,020

25,500

-

34,520

Disposals

(6,642

)

-

-

(6,642

)

At 31 March 2025

283,666

34,800

796

319,262

DEPRECIATION

At 1 April 2024

160,830

5,423

742

166,995

Charge for year

18,967

7,344

14

26,325

Eliminated on disposal

(3,609

)

-

-

(3,609

)

At 31 March 2025

176,188

12,767

756

189,711

NET BOOK VALUE

At 31 March 2025

107,478

22,033

40

129,551

At 31 March 2024

120,458

3,877

54

124,389

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

150

NET BOOK VALUE

At 31 March 2025

150

At 31 March 2024

150

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

259,904

125,881

Other debtors

13,535

248

273,439

126,129

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

31,582

20,421

Hire purchase contracts

9,555

-

Trade creditors

204,289

76,828

Taxation and social security

20,289

1,764

Other creditors

3,450

44,042

269,165

143,055

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,474

12,500

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year, the company made advances to the director amounting to £9,046. The director owed the company at the balance sheet date £9,046 (2024: £40,367 credit). This is repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is J W Terpstra.