REGISTERED NUMBER: 00548018 (England and Wales)

JOHN RICHARDSON & SON (GOSBERTON) LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2026

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

D I Richardson

P R Richardson

REGISTERED OFFICE:

Castledyke Farm

Gipsey Bridge

Boston

Lincolnshire

PE22 7BW

REGISTERED NUMBER:

00548018 (England and Wales)

ACCOUNTANTS:

Dexter & Sharpe (Boston)

The Old Vicarage

Church Close

Boston

Lincolnshire

PE21 6NA

FIXED ASSETS

Tangible assets

3

1,005,153

1,019,002

Investments

4

81

81

1,005,234

1,019,083

CURRENT ASSETS

Stocks

5

302,326

396,022

Debtors

6

76,985

92,583

Cash at bank

247,200

78,822

626,511

567,427

CREDITORS

Amounts falling due within one year

7

214,551

226,979

NET CURRENT ASSETS

411,960

340,448

TOTAL ASSETS LESS CURRENT LIABILITIES

1,417,194

1,359,531

CREDITORS

Amounts falling due after more than one year

8

738,905

867,902

NET ASSETS

678,289

491,629

CAPITAL AND RESERVES

Called up share capital

49,265

49,265

Retained earnings

629,024

442,364

SHAREHOLDERS' FUNDS

678,289

491,629

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 16 October 2026 and were signed on its behalf by:

P R Richardson - Director

1.	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.

Preparation of consolidated financial statements

The financial statements contain information about John Richardson & Son (Gosberton) Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

2.	EMPLOYEES AND DIRECTORS

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

3.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 6 April 2025

970,039

1,439,757

112,483

10,206

2,532,485

Additions

-

72,780

-

-

72,780

At 5 April 2026

970,039

1,512,537

112,483

10,206

2,605,265

DEPRECIATION

At 6 April 2025

379,420

1,015,035

110,158

8,870

1,513,483

Charge for year

11,144

74,634

585

266

86,629

At 5 April 2026

390,564

1,089,669

110,743

9,136

1,600,112

NET BOOK VALUE

At 5 April 2026

579,475

422,868

1,740

1,070

1,005,153

At 5 April 2025

590,619

424,722

2,325

1,336

1,019,002

4.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST

At 6 April 2025

and 5 April 2026

1

80

81

NET BOOK VALUE

At 5 April 2026

1

80

81

At 5 April 2025

1

80

81

5.

STOCKS

2026

2025

£

£

Valuation

302,326

396,022

6.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Trade debtors

26,468

18,624

Tax

16,147

16,147

VAT

5,732

12,252

Prepayments and accrued income

28,638

34,305

76,985

81,328

2026

2025

£

£

Amounts falling due after more than one year:

Amounts owed by group undertakings

-

11,255

Aggregate amounts

76,985

92,583

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

114,831

89,105

Trade creditors

54,853

92,901

Tax

10,467

9,303

Directors' current accounts

27,987

31,820

Accruals and deferred income

6,413

3,850

214,551

226,979

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

171,566

174,165

Bank loans - 2-5 years

368,502

488,500

Banks loan repayable over

more than 5 years by

instalments

196,092

205,237

Amounts owed to group undertakings

2,745

-

738,905

867,902

Amounts falling due in more than five years:

Repayable by instalments

Banks loan repayable over

more than 5 years by

instalments

196,092

205,237

196,092

205,237

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

850,991

957,007

The bank overdraft and loans are secured by a legal charge over the company's land.

10.	ULTIMATE CONTROLLING PARTY

Control is exercised by the trustees of the family settlement who between them hold 75% of the "A" ordinary shares and 100% of the issued "B" ordinary shares.