REGISTERED NUMBER: 01468792 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2026

for

NB (Seed Processors) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D C Pell

D Nickols

Mrs C A Pell

SECRETARY:

D Nickols

REGISTERED OFFICE:

Northgate House

Northgate

Sleaford

Lincolnshire

NG34 7BZ

REGISTERED NUMBER:

01468792 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

Northgate House

Northgate

Sleaford

Lincolnshire

NG34 7BZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

21,060

28,059

Investments

6

2

2

21,062

28,061

CURRENT ASSETS

Stocks

10,000

13,000

Debtors

7

37,368

51,839

Cash at bank

192,910

154,731

240,278

219,570

CREDITORS

Amounts falling due within one year

8

44,540

42,758

NET CURRENT ASSETS

195,738

176,812

TOTAL ASSETS LESS CURRENT LIABILITIES

216,800

204,873

PROVISIONS FOR LIABILITIES

533

1,619

NET ASSETS

216,267

203,254

CAPITAL AND RESERVES

Called up share capital

9

50,000

50,000

Retained earnings

166,267

153,254

SHAREHOLDERS' FUNDS

216,267

203,254

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 2 September 2026 and were signed on its behalf by:

D C Pell - Director

1.	STATUTORY INFORMATION

NB (Seed Processors) 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

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

-

25% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% straight line and 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.

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.

Pension costs and other post retirement benefits

The company operates a self administered pension scheme for the benefit of the companies directors. Contributions to the scheme are charged to the profit and loss account in the year in which they are incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 July 2025

and 30 June 2026

15,000

AMORTISATION

At 1 July 2025

and 30 June 2026

15,000

NET BOOK VALUE

At 30 June 2026

-

At 30 June 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 July 2025

and 30 June 2026

56,178

4,710

85,044

2,369

148,301

DEPRECIATION

At 1 July 2025

46,916

4,420

66,971

1,935

120,242

Charge for year

2,315

58

4,518

108

6,999

At 30 June 2026

49,231

4,478

71,489

2,043

127,241

NET BOOK VALUE

At 30 June 2026

6,947

232

13,555

326

21,060

At 30 June 2025

9,262

290

18,073

434

28,059

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 July 2025

and 30 June 2026

2

NET BOOK VALUE

At 30 June 2026

2

At 30 June 2025

2

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

6,210

19,350

Other debtors

31,158

32,489

37,368

51,839

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

13,685

7,687

Taxation and social security

6,715

6,686

Other creditors

24,140

28,385

44,540

42,758

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

50,000

Ordinary

£1

50,000

50,000

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr Dennis Christopher Pell.