Hinchley Agriculture Limited


Directors	E J Hinchley
	G Hinchley
	R M Hinchley
	T J Hinchley


Company Secretary	R M Hinchley


Registered Address	Park Farm
	Epperstone
	Nottingham
	NG14 6AP


Registered Number	06709276 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		2,372,136		2,290,852
			2,372,136		2,290,852
Current assets
Stocks	4	152,726		285,191
Debtors	5	52,635		95,541
Cash at bank and on hand		30,291		6,012
		235,652		386,744
Creditors amounts falling due within one year	6	(612,232)		(624,574)
Net current assets (liabilities)			(376,580)		(237,830)
Total assets less current liabilities			1,995,556		2,053,022
Creditors amounts falling due after one year	7		(340,384)		(428,996)
Provisions for liabilities	9		(199,084)		(190,506)
Net assets			1,456,088		1,433,520
Capital and reserves
Called up share capital			300		300
Profit and loss account			1,455,788		1,433,220
Shareholders' funds			1,456,088		1,433,520

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 7 September 2026, and are signed on its behalf by:

R M Hinchley
Director
Registered Company No. 06709276

Hinchley Agriculture Limited

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	50
Plant and machinery	15	-
Fixtures and fittings	-	10
Vehicles	25	-
Office Equipment	-	5

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 January 25	1,691,651	1,349,706	57,674	11,972	2,873	3,113,876
Additions	32,920	443,072	103,349	2,601	649	582,591
Disposals	-	(432,000)	-	-	-	(432,000)
At 31 December 25	1,724,571	1,360,778	161,023	14,573	3,522	3,264,467
Depreciation and impairment
At 01 January 25	161,275	636,296	14,418	9,045	1,990	823,024
Charge for year	24,088	122,387	12,967	806	488	160,736
On disposals	-	(91,429)	-	-	-	(91,429)
At 31 December 25	185,363	667,254	27,385	9,851	2,478	892,331
Net book value
At 31 December 25	1,539,208	693,524	133,638	4,722	1,044	2,372,136
At 31 December 24	1,530,376	713,410	43,256	2,927	883	2,290,852

4.	Stocks

	2025	2024
	£	£
Raw materials and consumables	75,790	53,591
Work in progress	76,936	231,600
Total	152,726	285,191

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	50,608	70,852
Other debtors	-	22,539
Prepayments and accrued income	2,027	2,150
Total	52,635	95,541

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	18,489	9,944
Bank borrowings and overdrafts	313,542	414,169
Taxation and social security	36,834	72,647
Finance lease and HP contracts	89,019	40,095
Other creditors	150,803	84,511
Accrued liabilities and deferred income	3,545	3,208
Total	612,232	624,574


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. The bank borrowings, overdraft and hire purchase liabilities are secured creditors.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	300,384	365,473
Other creditors	40,000	63,523
Total	340,384	428,996


	The bank borrowings, overdraft and other creditors are secured creditors.

8.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	129,019		103,618

9.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	199,084	190,506
Total	199,084	190,506