Branthwaite Hall Agricultural Limited 31/01/2026 iXBRL

Company registration number: 03144665

Branthwaite Hall Agricultural Limited

Unaudited filleted financial accounts

For the year ended

31 January 2026

Branthwaite Hall Agricultural Limited

Contents

Statement of financial position

Notes to the financial accounts

Branthwaite Hall Agricultural Limited

Statement of financial position

31 January 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Intangible assets	3	8,727		10,254
Tangible assets	4	2,324,195		2,329,450
Investments	5	13,968		6,351
		________		________
			2,346,890		2,346,055

Current assets
Stocks		4,940		4,496
Debtors	6	676,272		817,724
Cash at bank and in hand		1,330,017		1,147,717
		________		________
		2,011,229		1,969,937
Creditors: amounts falling due
within one year	7	( 46,121)		( 16,917)
		________		________
Net current assets			1,965,108		1,953,020
			________		________
Total assets less current liabilities			4,311,998		4,299,075


Provisions for liabilities			( 71,739)		( 73,916)

			________		________
Net assets			4,240,259		4,225,159
			________		________

Capital and reserves
Called up share capital			10,000		10,000
Share premium account			1,644,519		1,644,519
Profit and loss account			2,585,740		2,570,640
			________		________
Shareholders funds			4,240,259		4,225,159
			________		________

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial accounts for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial accounts.

These financial accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial accounts were approved by the board of directors and authorised for issue on 07 October 2026 , and are signed on behalf of the board by:

Mrs C J Gate

Director

Company registration number: 03144665

Branthwaite Hall Agricultural Limited

Notes to the financial accounts

Year ended 31 January 2026

1. Accounting policies

General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Oxford Chambers, New Oxford Street, Workington, CA14 2LR.

Basis of preparation

These financial accounts have been prepared in compliance with the provisions of FRS102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied with the same financial statements.The financial accounts have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.The financial accounts are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover consists of the sales value, excluding VAT, of all work done in the period under contracts to supply goods and services to third parties. It includes the relevant proportion of contract values where work is partially performed in the period.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Rentals payable under operating leases are charged against income on a straight line basis over the term of the lease.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at a revalued amount, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Sporting Rights	-	5 %	straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible fixed assets are included at cost less depreciation.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Freehold buildings	-	5 %	straight line
Leasehold expenditure	-	10 %	straight line
Plant and machinery	-	10 %	reducing balance
Motor vehicles	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Government grants

Government grants are recognised using the accrual model.Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.Grants relating to assets are recognised in income on a systemic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of an asset.

Deferred taxation

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.Tax deferred or accelerated is accounted for in respect of all material timing differences.

Financial instruments

financial instruments are recognised at amortised cost, except for fixed asset investments which are measured at fair value, with changes recognised in the fir value reserve.

Pension costs

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in comprehensive income when due.

2. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2025: 5 ).

3. Intangible assets

		Other intangible assets
		£
	Cost
	At 1 February 2025	60,098
	Disposals	(9,954)
		________
	At 31 January 2026	50,144
		________
	Amortisation
	At 1 February 2025	49,844
	Charge for the year	1,526
	Disposals	( 9,953)
		________
	At 31 January 2026	41,417
		________
	Carrying amount
	At 31 January 2026	8,727
		________
	At 31 January 2025	10,254
		________

4. Tangible assets

	Freehold property	Short leasehold property	Plant and machinery	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 February 2025	1,932,177	6,251	991,658	103,758	3,033,844
Additions	16,606	-	22,194	9,992	48,792
Disposals	-	-	-	( 3,500)	( 3,500)
	________	________	________	________	________
At 31 January 2026	1,948,783	6,251	1,013,852	110,250	3,079,136
	________	________	________	________	________
Depreciation
At 1 February 2025	23,300	6,251	606,263	68,580	704,394
Charge for the year	1,830	-	40,759	11,238	53,827
Disposals	-	-	-	( 3,280)	( 3,280)
	________	________	________	________	________
At 31 January 2026	25,130	6,251	647,022	76,538	754,941
	________	________	________	________	________
Carrying amount
At 31 January 2026	1,923,653	-	366,830	33,712	2,324,195
	________	________	________	________	________
At 31 January 2025	1,908,877	-	385,395	35,178	2,329,450
	________	________	________	________	________

5. Investments

	Shares in group undertakings and participating interests	Total
	£	£
Cost
At 1 February 2025	6,351	6,351
Fair value adjustment	7,617	7,617
	________	________
At 31 January 2026	13,968	13,968
	________	________
Impairment
At 1 February 2025 and 31 January 2026	-	-
	________	________
Carrying amount
At 31 January 2026	13,968	13,968
	________	________
At 31 January 2025	6,351	6,351
	________	________

Investments held at valuation

In respect of investments held at valuation, the comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

	Shares in group undertakings and participating interests	Total
	£	£
At 31 January 2026
Aggregate cost	72,670	72,670
Aggregate depreciation	-	-
	________	________
Carrying amount	72,670	72,670
	________	________

At 31 January 2025
Aggregate cost	72,670	72,670
Aggregate depreciation	-	-
	________	________
Carrying amount	72,670	72,670
	________	________

Investments in group undertakings
	Registered office	Class of share	Percentage of shares held
Subsidiary undertakings
Forestry and Agricultural Restoration Ltd	Oxford Chambers, New Oxford Street, Workington, CA14 2LR	Ordinary	80

6. Debtors

	2026	2025
	£	£
Trade debtors	1,200	14,707
Amounts owed by group undertakings and undertakings in which the company has a participating interest	85,212	83,161
Other debtors	589,860	719,856
	________	________
	676,272	817,724
	________	________

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	912	944
Taxation and social security	36,947	9,723
Other creditors	8,262	6,250
	________	________
	46,121	16,917
	________	________

8. Pension commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £249 (2025 - £204) were due to the fund. They are included in other creditors.

9. Directors advances, credits and guarantees

During the year the company made no advances to Mr D W Gate, a director (2025 - £nil). Repayments of £48,185 (2025 - £34,068) were made by 31 January 2026 and so the balance outstanding at the year end, 31 January 2026, was £36,914 (2025 - £85,099). During the year the company made no advances to Mrs C J Gate , a director (2026 - £nil). Repayments of £48,186 (2025 - £34,068) were made by 31 January 2026 and so the balance outstanding at the year end, 31 January 2026, was £36,913 (2025 - £85,099). Where applicable, interest is charged on overdrawn loan accounts at the rate of 2.25% per annum to 5 April 2025 and 3.75% per annum thereafter. Loans are repayable on demand.

10. Related party transactions

During the year the company made no advances to New Estates Limited (2025 - £nil). Repayments of £345 (2025 - £nil) were made by 31 January 2026 and so the amount owing from New Gate Estates Limited at the year end, 31 January 2026, was £325,863 (2025 - £326,208). Mr D W Gate is a director of both Branthwaite Hall Agricultural Limited and New Gate Estates Limited. All loans are interest free and repayable on demand. Repayments of £13,800 (2025 - £10,289) were made during the year to the company by Branthwaite Hall Developments Limited. The amount owing from Branthwaite Hall Developments Limited at the year end, 31 January 2026, was £111,851 (2025 - £125,651). Mr D W & Mrs C J Gate are directors of both Branthwaite Hall Agricultural Limited and Branthwaite Hall Developments Limited. All loans are interest free and repayable on demand. Rent amounting to £7,500 (2025 - £7,500) was paid by the company to Branthwaite Hall Developments, a partnership of Mr D W & Mrs C J Gate for the use of a barn/workshop. During the year the company obtained services in the sum of £13,800 (2025 - £13,900) from Branthwaite Hall Developments Limited. Mr D W & Mrs C J Gate are directors of both Branthwaite Hall Agricultural Limited and Branthwaite Hall Developments Limited.