REGISTERED NUMBER: 00530087 (England and Wales)

Financial Statements For The Year Ended 31st December 2025

for

W.St.J.Brice Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A.G.St.J. Brice

Mrs S F Brice

Mrs L C Brassey

SECRETARY:

Mrs S F Brice

REGISTERED OFFICE:

Vicarage Lane

Hoo

Rochester

Kent

ME3 9LL

REGISTERED NUMBER:

00530087 (England and Wales)

ACCOUNTANTS:

Beak Kemmenoe

Chartered Accountants

1-3 Manor Road

Chatham

Kent

ME4 6AE

FIXED ASSETS

Tangible assets

4

755,304

728,035

Investments

5

1,025

1,025

756,329

729,060

CURRENT ASSETS

Stocks

235,069

272,905

Debtors

6

299,868

279,573

Cash at bank and in hand

115,077

28,688

650,014

581,166

CREDITORS

Amounts falling due within one year

7

404,403

453,022

NET CURRENT ASSETS

245,611

128,144

TOTAL ASSETS LESS CURRENT LIABILITIES

1,001,940

857,204

CREDITORS

Amounts falling due after more than one year

8

85,395

62,649

NET ASSETS

916,545

794,555

CAPITAL AND RESERVES

Called up share capital

16,000

16,000

Retained earnings

900,545

778,555

SHAREHOLDERS' FUNDS

916,545

794,555

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 18th September 2026 and were signed on its behalf by:

A.G.St.J. Brice - Director

1.	STATUTORY INFORMATION

W.St.J.Brice 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.

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 the total amount receivable by the company for goods supplied and services provided excluding VAT and trade discounts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost

Plant and machinery

-

10% on reducing balance

Farm office and buildings

-

2% on cost

Tractors and vehicles

-

25% on reducing balance

Office furniture

-

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and post-retirement benefits

The company makes payments in to a defined contribution pension scheme and they are written off to the profit and loss account 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

Farm

office

Freehold

Plant and

and

property

machinery

buildings

£

£

£

COST

At 1st January 2025

585,043

355,160

18,943

Additions

-

-

-

Disposals

(12,000

)

-

-

At 31st December 2025

573,043

355,160

18,943

DEPRECIATION

At 1st January 2025

76,359

218,852

3,503

Charge for year

11,461

12,629

322

Eliminated on disposal

(9,600

)

-

-

At 31st December 2025

78,220

231,481

3,825

NET BOOK VALUE

At 31st December 2025

494,823

123,679

15,118

At 31st December 2024

508,684

136,308

15,440

Tractors

and

Office

vehicles

furniture

Totals

£

£

£

COST

At 1st January 2025

315,465

21,258

1,295,869

Additions

78,000

-

78,000

Disposals

(111,615

)

-

(123,615

)

At 31st December 2025

281,850

21,258

1,250,254

DEPRECIATION

At 1st January 2025

258,070

11,050

567,834

Charge for year

19,017

81

43,510

Eliminated on disposal

(106,794

)

-

(116,394

)

At 31st December 2025

170,293

11,131

494,950

NET BOOK VALUE

At 31st December 2025

111,557

10,127

755,304

At 31st December 2024

57,395

10,208

728,035

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Tractors

Plant and

and

machinery

vehicles

Totals

£

£

£

COST

At 1st January 2025

57,760

-

57,760

Additions

-

78,000

78,000

At 31st December 2025

57,760

78,000

135,760

DEPRECIATION

At 1st January 2025

9,242

-

9,242

Charge for year

4,851

6,500

11,351

At 31st December 2025

14,093

6,500

20,593

NET BOOK VALUE

At 31st December 2025

43,667

71,500

115,167

At 31st December 2024

48,518

-

48,518

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st January 2025

and 31st December 2025

1,025

NET BOOK VALUE

At 31st December 2025

1,025

At 31st December 2024

1,025

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

60,888

44,819

Other debtors and prepayments

211,902

197,313

Deferred tax asset

27,078

37,441

299,868

279,573

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

60,335

60,335

Hire purchase contracts

20,372

11,416

Trade creditors

50,216

77,964

Corporation tax

20,706

-

Social security and other taxes

5,766

6,388

Other creditors and accruals

247,008

296,919

404,403

453,022

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

35,205

12,459

Other creditors

50,190

50,190

85,395

62,649

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

55,577

23,875

The hire purchase contracts are secured on the assets concerned.