REGISTERED NUMBER: 10068355 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Paley Farm Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C Brooks

Mr A M Brooks

Mrs H A Partridge

REGISTERED OFFICE:

20 Church Road

Tunbridge Wells

Kent

TN1 1JP

BUSINESS ADDRESS:

Paley Farm

Paley Lane

Cranbrook

Kent

TN17 2LX

REGISTERED NUMBER:

10068355 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Bank Chambers

61 High Street

Cranbrook

Kent

TN17 3EG

FIXED ASSETS

Tangible assets

4

6,194,482

6,160,546

CURRENT ASSETS

Stocks

158,809

167,655

Debtors

5

464,770

143,160

Cash at bank

26,730

23,465

650,309

334,280

CREDITORS

Amounts falling due within one year

6

6,219,606

5,797,568

NET CURRENT LIABILITIES

(5,569,297

)

(5,463,288

)

TOTAL ASSETS LESS CURRENT LIABILITIES

625,185

697,258

PROVISIONS FOR LIABILITIES

228,426

228,426

NET ASSETS

396,759

468,832

CAPITAL AND RESERVES

Called up share capital

7

2

2

Revaluation reserve

8

685,277

685,277

Retained earnings

(288,520

)

(216,447

)

SHAREHOLDERS' FUNDS

396,759

468,832

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 21 September 2026 and were signed on its behalf by:

Mr A M Brooks - Director

1.	STATUTORY INFORMATION

Paley Farm 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 as modified by the revaluation of certain assets.

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.

Improvements to property

-

2% on cost

Plant and machinery

-

10% on cost

Other assets

-

33% on cost

Motor vehicles

-

25% on reducing balance and 10% on reducing balance

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST OR VALUATION

At 1 January 2025

5,841,424

144,456

92,443

Additions

-

13,279

4,171

Disposals

-

-

(14,387

)

At 31 December 2025

5,841,424

157,735

82,227

DEPRECIATION

At 1 January 2025

-

11,879

52,817

Charge for year

-

3,053

7,841

Eliminated on disposal

-

-

(9,746

)

At 31 December 2025

-

14,932

50,912

NET BOOK VALUE

At 31 December 2025

5,841,424

142,803

31,315

At 31 December 2024

5,841,424

132,577

39,626

Other

Motor

assets

vehicles

Totals

£

£

£

COST OR VALUATION

At 1 January 2025

4,776

191,978

6,275,077

Additions

-

73,350

90,800

Disposals

(2,993

)

(40,719

)

(58,099

)

At 31 December 2025

1,783

224,609

6,307,778

DEPRECIATION

At 1 January 2025

3,934

45,901

114,531

Charge for year

594

18,983

30,471

Eliminated on disposal

(2,993

)

(18,967

)

(31,706

)

At 31 December 2025

1,535

45,917

113,296

NET BOOK VALUE

At 31 December 2025

248

178,692

6,194,482

At 31 December 2024

842

146,077

6,160,546

Cost or valuation at 31 December 2025 is represented by:

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

Valuation in 2021

913,703

-

-

Cost

4,927,721

157,735

82,227

5,841,424

157,735

82,227

Other

Motor

assets

vehicles

Totals

£

£

£

Valuation in 2021

-

-

913,703

Cost

1,783

224,609

5,394,075

1,783

224,609

6,307,778

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

31.12.25

31.12.24

£

£

Cost

4,927,721

4,927,721

Freehold land and buildings were valued on market value basis on 31 December 2021 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

-

6,201

Other debtors

464,770

136,959

464,770

143,160

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

9,868

3,589

Taxation and social security

5,459

3,859

Other creditors

6,204,279

5,790,120

6,219,606

5,797,568

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

2

Ordinary

£1

2

2

8.

RESERVES

Revaluation

reserve

£

At 1 January 2025

and 31 December 2025

685,277

9.	GOING CONCERN

These financial statements have been prepared on the going concern basis. The company reported a loss for the year of £72,073. The company is reliant on the continuing financial support from the directors' associated companies. These conditions indicate the existence of a material uncertainty which may cast significant doubt on the company's ability to continue as a going concern.

In assessing the appropriateness of the going concern basis, the directors have prepared trading and cash flow forecasts covering a period of at least twelve months from the date of approval of these financial statements.

Having considered these matters, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing these financial statements.