REGISTERED NUMBER: 10671269 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

House & Sons Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J House

M J House

R House

REGISTERED OFFICE:

Fowlers Plot Farm

Chedzoy

Bridgwater

Somerset

TA7 8RQ

REGISTERED NUMBER:

10671269 (England and Wales)

ACCOUNTANTS:

A C Mole LLP

Stafford House

Blackbrook Park Avenue

Taunton

Somerset

TA1 2PX

FIXED ASSETS

Intangible assets

4

9,333

10,666

Tangible assets

5

2,434,646

2,469,089

2,443,979

2,479,755

CURRENT ASSETS

Stocks

6

319,405

268,350

Debtors

7

115,070

134,777

Cash at bank

132,979

149,608

567,454

552,735

CREDITORS

Amounts falling due within one year

8

176,074

161,347

NET CURRENT ASSETS

391,380

391,388

TOTAL ASSETS LESS CURRENT LIABILITIES

2,835,359

2,871,143

CREDITORS

Amounts falling due after more than one year

9

(1,906,246

)

(2,003,351

)

PROVISIONS FOR LIABILITIES

(97,610

)

(102,839

)

NET ASSETS

831,503

764,953

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

831,403

764,853

831,503

764,953

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.

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 8 September 2026 and were signed on its behalf by:

J House - Director

1.	STATUTORY INFORMATION

House & Sons 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

10% on reducing balance

Plant and machinery etc

-

15% 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 defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Social

media

Grain

devel

Entitlements

storage

Costs

Totals

£

£

£

£

COST

At 1 April 2025

and 31 March 2026

1,418

8,000

4,000

13,418

AMORTISATION

At 1 April 2025

1,418

-

1,334

2,752

Amortisation for year

-

-

1,333

1,333

At 31 March 2026

1,418

-

2,667

4,085

NET BOOK VALUE

At 31 March 2026

-

8,000

1,333

9,333

At 31 March 2025

-

8,000

2,666

10,666

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

property

property

Tractors

£

£

£

COST

At 1 April 2025

1,733,458

150,163

242,250

Additions

-

-

-

Disposals

-

-

-

At 31 March 2026

1,733,458

150,163

242,250

DEPRECIATION

At 1 April 2025

-

41,886

118,488

Charge for year

-

10,828

18,563

At 31 March 2026

-

52,714

137,051

NET BOOK VALUE

At 31 March 2026

1,733,458

97,449

105,199

At 31 March 2025

1,733,458

108,277

123,762

Plant and

Motor

machinery

vehicles

Herd

Totals

£

£

£

£

COST

At 1 April 2025

595,662

17,745

216,000

2,955,278

Additions

45,781

-

-

45,781

Disposals

-

-

(2,700

)

(2,700

)

At 31 March 2026

641,443

17,745

213,300

2,998,359

DEPRECIATION

At 1 April 2025

316,788

9,027

-

486,189

Charge for year

46,825

1,308

-

77,524

At 31 March 2026

363,613

10,335

-

563,713

NET BOOK VALUE

At 31 March 2026

277,830

7,410

213,300

2,434,646

At 31 March 2025

278,874

8,718

216,000

2,469,089

6.

STOCKS

2026

2025

£

£

Livestock

63,810

40,152

Deadstock

255,595

228,198

319,405

268,350

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

90,503

95,573

Directors' current accounts

4,771

2,002

VAT

4,868

22,085

Prepayments and accrued income

14,928

15,117

115,070

134,777

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

44,737

38,234

Trade creditors

66,782

85,480

Tax

29,413

24,563

Other creditors

10,349

9,938

Directors' current accounts

10,592

3,132

Deferred income

14,201

-

176,074

161,347

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

44,737

38,234

Bank loans - 2-5 years

134,211

114,702

Bank loans more 5 yr by instal

1,727,298

1,850,415

1,906,246

2,003,351

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,727,298

1,850,415

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

M J House

Balance outstanding at start of year

(1,345

)

-

Amounts advanced

2,283

1,866

Amounts repaid

(500

)

(3,211

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

438

(1,345

)

R House

Balance outstanding at start of year

2,002

-

Amounts advanced

2,831

2,502

Amounts repaid

(500

)

(500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,333

2,002

Repayable on demand. Individual directors' overdrawn balances did not exceed the £10,000 threshold at any time during the year hence no interest has been charged.