Taw Valley Organics Ltd - Filleted accounts

Registered number

11772313

Taw Valley Organics Ltd

Unaudited Filleted Accounts

31 January 2026

Taw Valley Organics Ltd
Registered number:		11772313
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		28,680			29,109

Current assets
Stocks		2,700			2,200
Debtors	4	903			22,240
Cash at bank and in hand		7,349			14,113
		10,952			38,553

Creditors: amounts falling due within one year	5	(33,041)			(66,435)

Net current liabilities			(22,089)			(27,882)

Total assets less current liabilities			6,591			1,227


Provisions for liabilities			(1,125)			(106)


Net assets			5,466			1,121

Capital and reserves
Called up share capital			100			100
Profit and loss account			5,366			1,021

Shareholders' funds			5,466			1,121

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




S.J. Arslanagic
Director
Approved by the board on 16 October 2026

Taw Valley Organics Ltd
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Going concern
	The company has net current liabilities. However, its only significant creditors are its directors and deferred income relating to a government grant received in the prior year. The directors will only seek repayment of amounts due to them when sufficient funds are available to do so. The conditions of the government grant were met, so it is not repayable and is being released to the profit and loss account over the life of the asset to which it relates. The going concern accounting convention has therefore been adopted.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Government grants
	Government grants are recognised as income over time to match related costs. Grants for capital items are treated as deferred income and released to the profit and loss account over the life of the asset to which they relate. Grants for expenses already incurred are recognized when the grant becomes receivable. Grants are only recognised when it is reasonably certain they will do so

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	10% to 25% straight-line
	Fixtures, fittings, tools and equipment	10% straight-line

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		4		4


3	Tangible fixed assets
					Plant and machinery
£
	Cost
	At 1 February 2025				32,100
	Additions				3,032
	At 31 January 2026				35,132

	Depreciation
	At 1 February 2025				2,991
	Charge for the year				3,461
	At 31 January 2026				6,452

	Net book value
	At 31 January 2026				28,680
	At 31 January 2025				29,109


4	Debtors		2026		2025
£				£

	Other debtors		903		22,240


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Other creditors		33,041		66,435


6	Controlling party

	The company is controlled by its directors acting in concert. No individual has overall control.


7	Other information

	Taw Valley Organics Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	26 Pynes Lane
	Bideford
	Devon
	EX39 8HN