REGISTERED NUMBER: 04699348 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Speirs Farms Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A P Speirs

Mr J Speirs

SECRETARY:

Mrs A P Speirs

REGISTERED OFFICE:

Pepsal End Farm

Pepsal End Lane

Pepperstock

Luton

Bedfordshire

LU1 4LH

REGISTERED NUMBER:

04699348 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

FIXED ASSETS

Tangible assets

4

220,711

273,044

CURRENT ASSETS

Stocks

354,600

226,600

Debtors

12,080

199

Cash at bank

46,979

136,233

413,659

363,032

CREDITORS

Amounts falling due within one year

90,014

119,359

NET CURRENT ASSETS

323,645

243,673

TOTAL ASSETS LESS CURRENT LIABILITIES

544,356

516,717

CREDITORS

Amounts falling due after more than one year

-

(13,889

)

PROVISIONS FOR LIABILITIES

5

(55,179

)

(68,262

)

NET ASSETS

489,177

434,566

CAPITAL AND RESERVES

Called up share

6

100

100

Retained earnings

489,077

434,466

SHAREHOLDERS' FUNDS

489,177

434,566

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

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 3 August 2026 and were signed on its behalf by:

Mrs A P Speirs - Director

Mr J Speirs - Director

1.	STATUTORY INFORMATION

Speirs Farms 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 recognised once goods have been provided and it is measured at market value of the consideration received or receivable, excluding any discounts, rebates and value added 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

- 20% on reducing balance

Biological assets

Biological assets are valued at their fair value or cost where identified.

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 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

631,223

Additions

8,500

Disposals

(14,230

)

At 31 March 2026

625,493

DEPRECIATION

At 1 April 2025

358,179

Charge for year

48,846

Eliminated on disposal

(2,243

)

At 31 March 2026

404,782

NET BOOK VALUE

At 31 March 2026

220,711

At 31 March 2025

273,044

5.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

55,179

68,262

Deferred

tax

£

Balance at 1 April 2025

68,262

Provided during year

(13,083

)

Balance at 31 March 2026

55,179

6.	CALLED UP SHARE

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

100

Ordinary

£1

100

100