REGISTERED NUMBER: 14910938 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2026

FOR

K.R & M.C DIXON & SONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I R Dixon

N K Dixon

Mrs R Dixon

Mrs T Dixon

REGISTERED OFFICE:

Equinox House

Clifton Park

Shipton Road

York

YO30 5PA

REGISTERED NUMBER:

14910938 (England and Wales)

ACCOUNTANTS:

Fortus Limited

Business Advisors & Accountants

Equinox House

Clifton Park, Shipton Road

York

YO30 5PA

FIXED ASSETS

Tangible assets

4

594,612

708,076

Investments

5

566

558

595,178

708,634

CURRENT ASSETS

Stocks

57,557

215,280

Debtors

6

202,000

41,994

Cash at bank

295,035

130,550

554,592

387,824

CREDITORS

Amounts falling due within one year

7

1,203,839

1,244,925

NET CURRENT LIABILITIES

(649,247

)

(857,101

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(54,069

)

(148,467

)

PROVISIONS FOR LIABILITIES

148,652

168,024

NET LIABILITIES

(202,721

)

(316,491

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(203,721

)

(317,491

)

SHAREHOLDERS' FUNDS

(202,721

)

(316,491

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 October 2026 and were signed on its behalf by:

Mrs R Dixon - Director

N K Dixon - Director

I R Dixon - Director

Mrs T Dixon - Director

1.	STATUTORY INFORMATION

K.R & M.C Dixon & Sons 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.

The financial statements are prepared in pounds sterling, which is the functional and presentational currency of the company. All amounts have been rounded to the nearest pound unless otherwise indicated.

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.

Plant and machinery

-

10% on reducing balance

Tractors and combines

-

5% on reducing balance

Motor vehicles

-

20% 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 tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown with borrowings in current liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Tractors

Plant and

and

Motor

Computer

machinery

combines

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 July 2025

528,182

290,000

26,000

-

844,182

Additions

-

-

-

583

583

Disposals

(74,822

)

-

-

-

(74,822

)

At 30 June 2026

453,360

290,000

26,000

583

769,943

DEPRECIATION

At 1 July 2025

98,471

28,275

9,360

-

136,106

Charge for year

39,851

13,086

3,328

117

56,382

Eliminated on disposal

(17,157

)

-

-

-

(17,157

)

At 30 June 2026

121,165

41,361

12,688

117

175,331

NET BOOK VALUE

At 30 June 2026

332,195

248,639

13,312

466

594,612

At 30 June 2025

429,711

261,725

16,640

-

708,076

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2026

2025

£

£

Others

566

558

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

184,702

16,874

Other debtors

-

7,125

VAT

3,240

3,152

Prepayments

14,058

14,843

202,000

41,994

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

159,327

84,450

Corporation tax

23,983

-

Directors' current accounts

1,012,567

1,148,625

Accruals and deferred income

7,962

11,850

1,203,839

1,244,925