Company Registration number: 08328436

David Allen AgriBusiness Limited

Contents

Pages

Balance sheet	1 to 2
Notes to the financial statements	3 to 8

David Allen AgriBusiness Limited

Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	67,900	77,600
Tangible assets	5	4,125	-
		72,025	77,600
Current assets
Stocks	6	8,489	9,432
Debtors	7	39,620	24,954
Cash at bank and in hand		408,694	130,037
		456,803	164,423
Creditors: Amounts falling due within one year	8	(406,793)	(127,979)
Net current assets		50,010	36,444
Total assets less current liabilities		122,035	114,044
Provisions for liabilities		(1,031)	-
Net assets		121,004	114,044
Capital and reserves
Called up share capital	9	20,200	20,200
Retained earnings		100,804	93,844
Shareholders' funds		121,004	114,044

David Allen AgriBusiness Limited

Balance Sheet as at 31 December 2025 (continued)

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Company registration number: 08328436

Approved and authorised by the Board on 21 April 2026 and signed on its behalf by:
 

......................................... Mr S D Allen Director

David Allen AgriBusiness Limited

Notes to the financial statements for the Year Ended 31 December 2025

1	GENERAL INFORMATION

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Dalmar House
Barras Lane Estate
Dalston
Carlisle
CA5 7NY

These financial statements were authorised for issue by the Board on 21 April 2026.

2	ACCOUNTING POLICIES

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest £.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Actual results may differ from these estimates.

David Allen AgriBusiness Limited

Notes to the financial statements for the Year Ended 31 December 2025 (continued)

2	ACCOUNTING POLICIES (continued)

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
 

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% reducing balance

David Allen AgriBusiness Limited

Notes to the financial statements for the Year Ended 31 December 2025 (continued)

2	ACCOUNTING POLICIES (continued)

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	20 years straight line

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
 Recognition and measurement
Basic financial instruments are initially recognised at the transaction price.
 Impairment
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

David Allen AgriBusiness Limited

Notes to the financial statements for the Year Ended 31 December 2025 (continued)

3	STAFF NUMBERS

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 5).

4	INTANGIBLE ASSETS

	Goodwill  £	Total £
Cost or valuation
At 1 January 2025	194,000	194,000
At 31 December 2025	194,000	194,000
Amortisation
At 1 January 2025	116,400	116,400
Amortisation charge	9,700	9,700
At 31 December 2025	126,100	126,100
Carrying amount
At 31 December 2025	67,900	67,900
At 31 December 2024	77,600	77,600

David Allen AgriBusiness Limited

Notes to the financial statements for the Year Ended 31 December 2025 (continued)

5	TANGIBLE ASSETS

	Motor vehicles  £	Total £
Cost or valuation
Additions	5,500	5,500
At 31 December 2025	5,500	5,500
Depreciation
Charge for the year	1,375	1,375
At 31 December 2025	1,375	1,375
Carrying amount
At 31 December 2025	4,125	4,125

6

STOCKS

	2025 £	2024 £
Work in progress	8,489	9,432

7

DEBTORS

Current	2025 £	2024 £
Trade debtors	14,420	24,954
Prepayments	25,200	-
	39,620	24,954

David Allen AgriBusiness Limited

Notes to the financial statements for the Year Ended 31 December 2025 (continued)

8

CREDITORS

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	15,332	20,973
Accruals and deferred income	3,523	3,123
Other creditors	387,938	103,883
	406,793	127,979

9	SHARE CAPITAL

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	19,400	19,400	19,400	19,400
Ordinary A shares of £1 each	200	200	200	200
Ordinary B shares of £1 each	200	200	200	200
Ordinary C shares of £1 each	200	200	200	200
Ordinary D shares of £1 each	200	200	200	200
	20,200	20,200	20,200	20,200