REGISTERED NUMBER: 05168773 (England and Wales)

ALLEN CLARK FARMING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

T D Allen

M J Allen

SECRETARY:

M J Allen

REGISTERED OFFICE:

Rosellewood Farm

Oxton

Southwell

Nottinghamshire

NG25 0RB

REGISTERED NUMBER:

05168773 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

14 London Road

Newark

Nottinghamshire

NG24 1TW

FIXED ASSETS

Property, plant and equipment

4

77,617

119,921

CURRENT ASSETS

Inventories

118,280

116,645

Debtors

5

1,020,612

995,942

Investments

6

348,770

321,025

Cash at bank

912,544

701,296

2,400,206

2,134,908

CREDITORS

Amounts falling due within one year

7

206,573

314,326

NET CURRENT ASSETS

2,193,633

1,820,582

TOTAL ASSETS LESS CURRENT LIABILITIES

2,271,250

1,940,503

PROVISIONS FOR LIABILITIES

53,665

49,998

NET ASSETS

2,217,585

1,890,505

CAPITAL AND RESERVES

Called up share capital

8

100

100

Fair value reserve

117,915

97,106

Retained earnings

2,099,570

1,793,299

SHAREHOLDERS' FUNDS

2,217,585

1,890,505

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 22 September 2026 and were signed on its behalf by:

T D Allen - Director

M J Allen - Director

1.	STATUTORY INFORMATION

Allen Clark 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue comprises sales of produce. Revenue is recognised when the significant risks and rewards have passed to the buyer, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and that the costs incurred, or to be incurred, in respect of the transaction can be measured reliably.

Property, plant and equipment

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

15% on reducing balance

Plant and machinery etc

-

25% on cost, 25% on reducing balance, 20% on cost, 15% on reducing balance, 5% on cost and Straight line over 7 years

Property, plant and equipment is 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.

Inventories

Inventories 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Investments

Investments are shown at the most recent valuation. Any surplus or deficit arising from changes in the fair value is recognised in the income statement.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 6 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

2,300

1,234,131

1,236,431

DEPRECIATION

At 1 April 2025

2,221

1,114,289

1,116,510

Charge for year

12

42,292

42,304

At 31 March 2026

2,233

1,156,581

1,158,814

NET BOOK VALUE

At 31 March 2026

67

77,550

77,617

At 31 March 2025

79

119,842

119,921

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

65,874

17,643

Other debtors

954,738

978,299

1,020,612

995,942

6.	CURRENT ASSET INVESTMENTS

2026

2025

£

£

Listed investments

348,770

321,025

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

19,557

1,842

Taxation and social security

116,539

117,592

Other creditors

70,477

194,892

206,573

314,326

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary Shares

£1

100

100