J. Stuart (Agricultural Contractors) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 01277163

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		140,453		158,700

			140,453		158,700
CURRENT ASSETS
Stocks	5	2,950		2,734
Debtors	6	15,072		8,153
Cash at bank and in hand		1,059		11,021

		19,081		21,908
Creditors: Amounts Falling Due Within One Year	7	(253,353 )		(254,063 )

NET CURRENT ASSETS (LIABILITIES)			(234,272 )		(232,155 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(93,819 )		(73,455 )

Creditors: Amounts Falling Due After More Than One Year	8		(18,937 )		(26,686 )

NET LIABILITIES			(112,756 )		(100,141 )

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			(112,856 )		(100,241 )

SHAREHOLDERS' FUNDS			(112,756)		(100,141)

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J. Stuart (Agricultural Contractors) Limited

Balance Sheet (continued)

As At 31 December 2025

For the 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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr J Stuart

Director

15th September 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

J. Stuart (Agricultural Contractors) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01277163 . The registered office is Balcarres Farm, Crawford, Upholland, Wigan, WN8 9QP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The company's functional and presentational currency is GBP and no level of rounding has been used in the preparation of the financial statements.

2.2. Turnover

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

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	10% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	10% reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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J. Stuart (Agricultural Contractors) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2024: 6)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 January 2025	443,340	68,109	3,916	515,365

As at 31 December 2025	443,340	68,109	3,916	515,365

Depreciation
As at 1 January 2025	301,424	52,267	2,974	356,665
Provided during the period	14,192	3,961	94	18,247

As at 31 December 2025	315,616	56,228	3,068	374,912

Net Book Value
As at 31 December 2025	127,724	11,881	848	140,453

As at 1 January 2025	141,916	15,842	942	158,700

5. Stocks

	2025	2024
	£	£
Stock	2,950	2,734

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	14,005	8,153
Other debtors	1,067	-

	15,072	8,153

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J. Stuart (Agricultural Contractors) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	2,693	5,372
Trade creditors	74,874	72,195
Bank loans and overdrafts	5,000	5,000
Other loans	-	9,470
Other creditors	86,846	76,242
Taxation and social security	83,940	85,784

	253,353	254,063

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	2,693
Bank loans	18,937	23,993

	18,937	26,686

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	2,693	5,372
Later than one year and not later than five years	-	2,693

	2,693	8,065

	2,693	8,065

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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