REGISTERED NUMBER: 05196696 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

T H Forington & Son Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

D J C Forington

Mrs S Forington

W D Forington

Mrs L K Forington

SECRETARY:

Mrs S Forington

REGISTERED OFFICE:

Foxclose

Walkerith Road

East Stockwith

Gainsborough

Lincolnshire

DN21 3DG

REGISTERED NUMBER:

05196696 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

Office 1

Engine House

Marshalls Yard

Gainsborough

Lincolnshire

DN21 2NA

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of T H Forington & Son Limited for the year ended 31 March 2026 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of T H Forington & Son Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of T H Forington & Son Limited and state those matters that we have agreed to state to the Board of Directors of T H Forington & Son Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than T H Forington & Son Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that T H Forington & Son Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of T H Forington & Son Limited. You consider that T H Forington & Son Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of T H Forington & Son Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wright Vigar Limited

Chartered Accountants & Business Advisers

Office 1

Engine House

Marshalls Yard

Gainsborough

Lincolnshire

DN21 2NA

7 October 2026

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,249,078

801,131

1,249,078

801,131

CURRENT ASSETS

Stocks

146,317

147,567

Debtors

6

181,241

313,015

Cash at bank

78,861

132,723

406,419

593,305

CREDITORS

Amounts falling due within one year

7

291,096

439,656

NET CURRENT ASSETS

115,323

153,649

TOTAL ASSETS LESS CURRENT LIABILITIES

1,364,401

954,780

CREDITORS

Amounts falling due after more than one year

8

(543,807

)

(154,379

)

PROVISIONS FOR LIABILITIES

(133,059

)

(106,193

)

NET ASSETS

687,535

694,208

CAPITAL AND RESERVES

Called up share capital

10

2,100

2,100

Retained earnings

685,435

692,108

SHAREHOLDERS' FUNDS

687,535

694,208

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 7 October 2026 and were signed on its behalf by:

D J C Forington - Director

1.	STATUTORY INFORMATION

T H Forington & Son 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 value of sales of deadstock received during the year exclusive of value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of four years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Improvements to property

2% on cost

Buildings

2% on cost

Tractors and implements

15% on reducing balance

Motor vehicles

25% on reducing balance

Computer equipment

33% on cost

Stocks

Stock and valuation consists of deadstock and tenantright.

The valuation of tenantright is based on the cost of materials and labour to 31 March 2026 applied to the crops to be harvested in 2026.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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 11 (2025 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

47,000

AMORTISATION

At 1 April 2025

and 31 March 2026

47,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Improvements

Tractors

to

and

property

Land

Buildings

implements

£

£

£

£

COST

At 1 April 2025

19,743

-

221,128

1,410,854

Additions

-

481,534

-

80,891

Disposals

-

-

-

(18,000

)

At 31 March 2026

19,743

481,534

221,128

1,473,745

DEPRECIATION

At 1 April 2025

5,349

-

35,056

837,196

Charge for year

395

-

4,423

90,442

Eliminated on disposal

-

-

-

(5,805

)

At 31 March 2026

5,744

-

39,479

921,833

NET BOOK VALUE

At 31 March 2026

13,999

481,534

181,649

551,912

At 31 March 2025

14,394

-

186,072

573,658

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

1,728

39,680

2,530

1,695,663

Additions

-

-

-

562,425

Disposals

-

-

-

(18,000

)

At 31 March 2026

1,728

39,680

2,530

2,240,088

DEPRECIATION

At 1 April 2025

479

14,450

2,002

894,532

Charge for year

188

6,307

528

102,283

Eliminated on disposal

-

-

-

(5,805

)

At 31 March 2026

667

20,757

2,530

991,010

NET BOOK VALUE

At 31 March 2026

1,061

18,923

-

1,249,078

At 31 March 2025

1,249

25,230

528

801,131

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

173,476

290,227

Other debtors

7,765

22,788

181,241

313,015

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

19,537

10,394

Hire purchase contracts

58,573

64,271

Trade creditors

135,711

254,395

Taxation and social security

21,073

10,526

Other creditors

56,202

100,070

291,096

439,656

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

427,017

6,930

Hire purchase contracts

16,790

47,449

Other creditors

100,000

100,000

543,807

154,379

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

446,554

-

Hire purchase contracts

75,363

111,720

521,917

111,720

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

1,000

Ordinary C

£1

100

100

Allotted and issued:

Number:

Class:

Nominal

2026

2025

value:

£

£

1,100

Ordinary B

£1

2,000

2,000

11.	ULTIMATE CONTROLLING PARTY

D J C and Mrs S Forington have ultimate control of the company by virtue of their majority shareholding in the company.