REGISTERED NUMBER: 00788102 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

Chamberlayne Farms Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

R S Chamberlayne

J R Chamberlayne

H J Chamberlayne

G E Chamberlayne

Ms F L Spencer

R F Chamberlayne

Secretaries:

H J Chamberlayne

N M Denniss

Registered office:

Maisemore Court Farm

Maisemore

Gloucester

GL2 8EY

Registered number:

00788102 (England and Wales)

Accountants:

Crowthers

The Courtyard

19 High Street

Pershore

Worcestershire

WR10 1AA

FIXED ASSETS

Tangible assets

4

3,365,104

3,377,141

Investments

5

212,500

212,500

Investment property

6

3,056,000

3,056,000

6,633,604

6,645,641

CURRENT ASSETS

Stocks

210,525

212,811

Debtors

7

313,716

317,710

Investments

8

420,436

1,569,365

Cash at bank

86,290

77,086

1,030,967

2,176,972

CREDITORS

Amounts falling due within one year

9

1,662,300

2,624,346

NET CURRENT LIABILITIES

(631,333

)

(447,374

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,002,271

6,198,267

CREDITORS

Amounts falling due after more than one year

10

(2,528,975

)

(2,805,200

)

PROVISIONS FOR LIABILITIES

(44,000

)

(25,220

)

NET ASSETS

3,429,296

3,367,847

CAPITAL AND RESERVES

Called up share capital

12

20,050

20,050

Retained earnings

3,409,246

3,347,797

SHAREHOLDERS' FUNDS

3,429,296

3,367,847

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 1 October 2026 and were signed on its behalf by:

Ms F L Spencer - Director

1.	STATUTORY INFORMATION

Chamberlayne Farms 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 measured at the fair value of consideration received or recoverable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the company and the amount of the revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principle outstanding at the effective interest rate applicable, which is the rate that exactly discounts the estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life.

Land and buildings

2 - 20 years straight line

Plant and machinery

5 years straight line

Vehicles

5 years straight line

Fixtures and fittings

5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Investment property

Investment Property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in the profit and loss account. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by the directors, on a open market value for existing use basis.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs comprise those costs incurred by the company in bringing the stocks to the location and condition intended by management and are calculated on a first-in first-out basis. Estimated selling price less costs to complete and sell is based on the estimated selling price in an arm’s length transaction less any estimated completion or selling costs that will be expected to be incurred in the transaction.

When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised. At each balance sheet date, the directors undertake a review of its stock to establish if any stock is slow-moving or has become obsolete. Where any write-downs of stock become necessary to reduce the value from cost to estimated selling price less costs to complete and sell, such write-downs are recognised as an expense in profit or loss in the period in which the write-down or loss occurs. Where such write-downs subsequently reverse, the amount of any reversal is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

Financial instruments

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payment ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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.

Leases

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease term and their useful lives. The capital elements of the future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability

Rentals receivable under operating leases are credited on a straight-line basis over the term on the lease, even if the payments are not made on such basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through the profit and loss account, if shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where the provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material)

When some or all of the economic benefits required to settle the provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Land and

and

Plant and

Motor

Buildings

fittings

machinery

vehicles

Totals

£

£

£

£

£

Cost

At 1 February 2025

4,726,845

150,452

1,348,500

24,889

6,250,686

Additions

-

-

155,886

-

155,886

Disposals

-

-

(53,200

)

-

(53,200

)

At 31 January 2026

4,726,845

150,452

1,451,186

24,889

6,353,372

Depreciation

At 1 February 2025

1,533,994

150,452

1,165,502

23,597

2,873,545

Charge for year

60,213

-

104,210

500

164,923

Eliminated on disposal

-

-

(50,200

)

-

(50,200

)

At 31 January 2026

1,594,207

150,452

1,219,512

24,097

2,988,268

Net book value

At 31 January 2026

3,132,638

-

231,674

792

3,365,104

At 31 January 2025

3,192,851

-

182,998

1,292

3,377,141

5.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

Cost

At 1 February 2025

and 31 January 2026

212,500

Net book value

At 31 January 2026

212,500

At 31 January 2025

212,500

Fixed asset investments comprise investments in unlisted companies. These were valued on an open market basis at the reporting date by the board of directors.

6.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 February 2025

and 31 January 2026

3,056,000

Net book value

At 31 January 2026

3,056,000

At 31 January 2025

3,056,000

Investment properties were valued on an open market basis at the reporting date by the board of directors.

Investment properties are regularly valued for insurance and borrowing purposes by qualified professionals. The board of directors consider their year end valuation to be accurate based on the range of valuations received both pre and post year end.

7.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Trade debtors

145,663

144,957

Other debtors

3,053

7,753

148,716

152,710

Amounts falling due after more than one year:

Other debtors

165,000

165,000

Aggregate amounts

313,716

317,710

8.	CURRENT ASSET INVESTMENTS

2026

2025

£

£

Unlisted investments

420,436

1,569,365

Current asset investments comprise loans made to unlisted companies. These were valued on an open market basis at the reporting date by the board of directors.

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

444,666

1,290,444

Hire purchase contracts

23,725

-

Trade creditors

20,793

82,403

Taxation and social security

57,935

69,585

Other creditors

1,115,181

1,181,914

1,662,300

2,624,346

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

2,409,110

2,633,534

Hire purchase contracts

6,852

-

Other creditors

113,013

171,666

2,528,975

2,805,200

2026

2025

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,467,483

1,712,773

11.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank overdrafts

222,301

987,318

Bank loans

2,631,475

2,936,660

Hire purchase contracts

30,577

-

2,884,353

3,923,978

The bank loans are secured by way of fixed and floating charges over the property and assets of the company.

The hire purchase agreements are secured on the related assets.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

A

25p

25

25

100

B

25p

25

25

16,000

Deferred Ordinary

£1

16,000

16,000

16,000

Ordinary

25p

4,000

4,000

20,050

20,050

13.	RELATED PARTY TRANSACTIONS

Transactions with owners holding a participating interest in the entity

2026

2025

£

£

Amounts owed to owners with a participating interest in the entity

46,198

72,965

Dividends paid to owners holding a participating interest in the entity

22,650

21,850

The loans owing to the owners are included in other creditors. Interest is accruing at 8.5% and the loans are repayable on demand.

In addition to the amounts owed noted above, loans of £1,016,122 from other related parties form part of other creditors due within one year. Interest is accruing at 8.5% and the loans are repayable on demand.

Transactions with the entity's directors

2026

2025

£

£

Amounts owed to directors

113,013

171,666

Dividends paid to directors

56,750

54,850

Interest is accruing at 8.5% on the loans owing to the directors and the loans are repayable on demand.

14.	PROFIT AND LOSS RESERVE

Within the profit and loss reserve is a non-distributable amount of £1,274,515, comprising the total unrealised gain on the revaluation of the investment property. Distributable profit and loss reserves at the balance sheet date are £2,132,502.