REGISTERED NUMBER: 05895606 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Fisher Farming Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R P Fisher

Mrs M R Fisher

Mr T P Fisher

SECRETARY:

Mrs M R Fisher

REGISTERED OFFICE:

Smalmstown Farm

Longtown

Carlisle

Cumbria

CA6 5LH

REGISTERED NUMBER:

05895606 (England and Wales)

ACCOUNTANTS:

Benson Accountants

Wiza House

Station Road

Wigton

Cumbria

CA7 9BA

FIXED ASSETS

Tangible assets

4

228,347

-

Investments

5

255,127

216,892

483,474

216,892

CURRENT ASSETS

Stocks

2,814,750

3,819,300

Debtors

6

559,055

523,258

Cash at bank

288,118

164,954

3,661,923

4,507,512

CREDITORS

Amounts falling due within one year

7

3,697,997

4,405,099

NET CURRENT (LIABILITIES)/ASSETS

(36,074

)

102,413

TOTAL ASSETS LESS CURRENT LIABILITIES

447,400

319,305

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

446,400

318,305

SHAREHOLDERS' FUNDS

447,400

319,305

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 29 June 2026 and were signed on its behalf by:

Mr R P Fisher - Director

Mrs M R Fisher - Director

Mr T P Fisher - Director

1.	STATUTORY INFORMATION

Fisher Farming 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 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

-

not provided

Plant and machinery

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

property

machinery

Totals

£

£

£

COST

Additions

201,002

32,171

233,173

At 31 March 2026

201,002

32,171

233,173

DEPRECIATION

Charge for year

-

4,826

4,826

At 31 March 2026

-

4,826

4,826

NET BOOK VALUE

At 31 March 2026

201,002

27,345

228,347

The net book value of assets held under finance leases or hire purchase contracts, included above, was £Nil (2020 - £46,478).

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2025

216,892

Additions

38,235

At 31 March 2026

255,127

NET BOOK VALUE

At 31 March 2026

255,127

At 31 March 2025

216,892

The investment is a capital account in a trading partnership.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade debtors

283,047

330,298

Other debtors

276,008

192,960

559,055

523,258

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade creditors

486,628

216,670

Taxation and social security

11,649

-

Other creditors

3,199,720

4,188,429

3,697,997

4,405,099

8.	SECURED DEBTS

During the year a fixed and floating charge was registered with Lloyds Bank Plc over all the property or undertaking of the company.

9.	RELATED PARTY DISCLOSURES

During the year, the directors held a loan account with the Company. At the balance sheet date, the amount owing to the directors £8,001 (2025 - £8,001).

Messrs Fisher is a partnership under common control. During the year, the partnership held a loan account with the Company.At the balance sheet date, the amount owing to the Company was £3,018,954 (2025 - £3,991,969) which is reflected in other creditors.

The above loans are interest free, unsecured and repayable on demand.