REGISTERED NUMBER: SC830796 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 3 DECEMBER 2024 TO 31 MARCH 2026

FOR

STRANG FARMING CO LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Strang

Mrs G J C Strang

J Strang Jnr.

SECRETARY:

J Strang Jnr.

REGISTERED OFFICE:

Temples Farm

Eaglesham

Glasgow

G76 0PF

REGISTERED NUMBER:

SC830796 (Scotland)

ACCOUNTANTS:

Stewart Gilmour & Co.

Chartered Accountants

24 Beresford Terrace

Ayr

KA7 2EG

FIXED ASSETS

Tangible assets

4

451,339

CURRENT ASSETS

Stocks

5

443,070

Debtors

6

268,024

Cash at bank

290,256

1,001,350

CREDITORS

Amounts falling due within one year

7

930,024

NET CURRENT ASSETS

71,326

TOTAL ASSETS LESS CURRENT LIABILITIES

522,665

PROVISIONS FOR LIABILITIES

8

112,835

NET ASSETS

409,830

CAPITAL AND RESERVES

Called up share capital

9

4,500

Retained earnings

10

405,330

SHAREHOLDERS' FUNDS

409,830

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 3 September 2026 and were signed on its behalf by:

J Strang - Director

1.	STATUTORY INFORMATION

Strang Farming Co Ltd is a private company, limited by shares , registered in Scotland. 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.

Plant and machinery

-

10% on reducing balance

Motor vehicles

-

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 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 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

Additions

9,000

123,000

132,000

Transfer to ownership

342,184

57,364

399,548

At 31 March 2026

351,184

180,364

531,548

DEPRECIATION

Charge for period

35,119

45,090

80,209

At 31 March 2026

35,119

45,090

80,209

NET BOOK VALUE

At 31 March 2026

316,065

135,274

451,339

5.

STOCKS

£

Stocks

443,070

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

147,110

VAT

118,327

Prepayments

2,587

268,024

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

128,781

Tax

155,458

Social security and other taxes

1,710

Directors' current accounts

641,325

Accrued expenses

2,750

930,024

8.	PROVISIONS FOR LIABILITIES

£

Deferred tax

112,835

Deferred

tax

£

Provided during period

112,835

Balance at 31 March 2026

112,835

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

3,000

Ordinary

1

3,000

1,500

Ordinary A

1

1,500

4,500

10.

RESERVES

Retained

earnings

£

Profit for the period

405,330

At 31 March 2026

405,330

11.	STOCK VALUATION

2026

Price

Value

No.

£

£

Dairy

- Cows in Milk

53

850

45,050

- do.

173

725

125,425

- do.

61

550

33,550

- do.

16

1,500

24,000

- do.

16

1,000

16,000

- do.

14

1,200

16,800

- do.

41

850

34,850

- do.

27

950

25,650

- do.

11

1,000

11,000

- Heifers - 2 years and over

9

750

6,750

- do. - 1 - 2 years

133

400

53,200

- Female Calves - 6m -1 year

85

260

22,100

- do. - under 6 mths

110

140

15,400

- Male Calves - 6m - 1 year

1

240

240

do. - under 6 mths

59

145

8,555

809

Feeds

4,500

443,070

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