S and R Hopley Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 01943317

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets			-		2,149
Tangible Assets	4		4,185,510		4,177,785
Investments			50		50

			4,185,560		4,179,984
CURRENT ASSETS
Stocks	5	244,068		179,575
Debtors	6	1,078,102		1,004,703
Cash at bank and in hand		10,538		17,552

		1,332,708		1,201,830
Creditors: Amounts Falling Due Within One Year	7	(677,330 )		(654,850 )

NET CURRENT ASSETS (LIABILITIES)			655,378		546,980

TOTAL ASSETS LESS CURRENT LIABILITIES			4,840,938		4,726,964

Creditors: Amounts Falling Due After More Than One Year	8		(1,190,300 )		(1,315,003 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(135,640 )		(133,158 )

NET ASSETS			3,514,998		3,278,803

CAPITAL AND RESERVES
Called up share capital	12		100		100
Profit and Loss Account			3,514,898		3,278,703

SHAREHOLDERS' FUNDS			3,514,998		3,278,803

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S and R Hopley 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 R J Hopley

Director

17 June 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

S and R Hopley Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01943317 . The registered office is Halfhead Farm, Shallowford, Stone, Staffs, ST15 0PA.

2. Accounting Policies

2.1. Basis of Preparation of 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.2. Turnover

Sale of goods

Turnover from the sale of livestock, crops and wool is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

Compensation

Income from compensation is recognised when received. The value received is based on either statutory loss of land from growing crops or temporary land take and disturbance.

Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received using the accrual model.

Also included as government grants is the entitlement value of the Basic Payment Scheme which has been capitalised as an intangible asset.

Rent received

Rental income is recognised using the accrual model.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible assets acquired separately from a business are capitalised at cost. Intangible assets acquired on business combinations are capitalised separately from goodwill if the fair value can be measured reliably on initial recognition.

Intangible assets are amortised on a straight line basis over their useful lives. The useful lives of intangible assets are as follows:

Basic Payment Scheme entitlements - 4 years

Provision is made for any impairment.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Agricultural buildings	4-10% on reducing balance
Plant & Machinery	20% & 10% on reducing balance
Motor Vehicles	25% on reducing balance
Computer Equipment	25% on reducing balance

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S and R Hopley Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.5. Leasing and Hire Purchase Contracts

Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors.

2.6. Stocks and Work in Progress

Stocks and work in progress are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all cost of purchase, cost of conversion and other costs incurred in bringing stock to its present location and condition. Deemed cost is used where actual cost is not accurately ascertainable. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

2.7. Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively by the balance sheet date that are expected to apply to the reversal of timing differences.

2.8.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Land & Property
	Freehold	Agricultural buildings	Plant & Machinery	Motor Vehicles
	£	£	£	£
Cost
As at 1 January 2025	3,933,731	149,704	761,666	65,483
Additions	-	-	66,265	-
Disposals	-	-	(17,574 )	-

As at 31 December 2025	3,933,731	149,704	810,357	65,483

Depreciation
As at 1 January 2025	-	94,650	593,588	44,860
Provided during the period	-	2,202	45,357	5,156
Disposals	-	-	(11,841 )	-

As at 31 December 2025	-	96,852	627,104	50,016

Net Book Value
As at 31 December 2025	3,933,731	52,852	183,253	15,467

As at 1 January 2025	3,933,731	55,054	168,078	20,623

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S and R Hopley Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025


	Computer Equipment	Total
	£	£
Cost
As at 1 January 2025	2,498	4,913,082
Additions	-	66,265
Disposals	-	(17,574 )

As at 31 December 2025	2,498	4,961,773

Depreciation
As at 1 January 2025	2,199	735,297
Provided during the period	92	52,807
Disposals	-	(11,841 )

As at 31 December 2025	2,291	776,263

Net Book Value
As at 31 December 2025	207	4,185,510

As at 1 January 2025	299	4,177,785

5. Stocks

	2025	2024
	£	£
Stock	244,068	179,575

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	57,984	18,260
Prepayments and accrued income	11,391	10,208
VAT	7,727	2,477
Amounts owed by group undertakings	1,001,000	973,758

	1,078,102	1,004,703

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	46,633	26,705
Corporation tax	77,700	81,840
Accruals and deferred income	6,074	10,917
Directors' loan accounts	546,923	535,388

	677,330	654,850

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S and R Hopley Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

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

	2025	2024
	£	£
Bank loans	1,190,300	1,315,003

9. Secured Creditors

The following secured debts are included within creditors:

	2025		2024
	£		£
Bank loans and overdrafts	1,190,300		1,315,003

Bank loans of £1,190,300 are secured with charges over land at Halfhead Farm and land at Walton Bank Farm.

10. Loans

An analysis of the maturity of loans is given below:

	2025	2024
	£	£
Amounts falling due between one and five years:
Bank loans	1,190,300	1,315,003

12. Share Capital

	2025	2024
Allotted, called up but not fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

13. Related Party Disclosures

Group companies have bank loan arrangements which are secured on the assets of S & R Hopley Limited.

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