REGISTERED NUMBER: 00687099 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2026

for

RIGSBY FARMING COMPANY LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

Mr W B Read

Mr P A Read

Mr S M Read

Mrs B J Read

Registered office:

Rigsby House

Rigsby

Alford

Lincolnshire

LN13 0AL

Registered number:

00687099 (England and Wales)

Accountants:

Haines Watts

23 Algitha Road

Skegness

United Kingdom

PE25 2AG

Fixed assets

Tangible assets

4

616,044

641,031

Current assets

Stocks

112,903

82,179

Debtors

5

43,606

28,531

Cash at bank

434,922

417,081

591,431

527,791

Creditors

Amounts falling due within one year

6

35,374

34,502

Net current assets

556,057

493,289

Total assets less current liabilities

1,172,101

1,134,320

Provisions for liabilities

63,346

65,705

Net assets

1,108,755

1,068,615

Capital and reserves

Called up share capital

479

479

Capital redemption reserve

522

522

Retained earnings

1,107,754

1,067,614

Shareholders' funds

1,108,755

1,068,615

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 10 September 2026 and were signed on its behalf by:

Mrs B J Read - Director

1.	Statutory information

Rigsby Farming Company 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.

Tangible fixed assets

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

Freehold land etc

-

in accordance with the property and Farm land is not depreciated

Plant and machinery

-

at varying rates on cost

Fixtures and fittings

-

20% on cost

Tractors

-

20% on cost and 10% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	Employees and directors

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

4.	Tangible fixed assets

Fixtures

Freehold

Plant and

and

land etc

machinery

fittings

Tractors

Totals

£

£

£

£

£

Cost

At 1 July 2025

and 30 June 2026

372,118

428,752

7,530

25,800

834,200

Depreciation

At 1 July 2025

76,903

82,936

7,530

25,800

193,169

Charge for year

12,569

12,418

-

-

24,987

At 30 June 2026

89,472

95,354

7,530

25,800

218,156

Net book value

At 30 June 2026

282,646

333,398

-

-

616,044

At 30 June 2025

295,215

345,816

-

-

641,031

5.

Debtors: amounts falling due within one year

2026

2025

£

£

Trade debtors

29,750

14,056

Other debtors

1,146

2,250

VAT

3,596

2,544

Prepayments

9,114

9,681

43,606

28,531

6.

Creditors: amounts falling due within one year

2026

2025

£

£

Trade creditors

2,258

10,772

Tax

6,643

3,511

Other creditors

5,729

5,246

Accruals and deferred income

20,744

14,973

35,374

34,502