W & A C Rose (Farms) Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01839386

W & A C Rose (Farms) Ltd

Filleted Unaudited Financial Statements

For the year ended

31 January 2026

W & A C Rose (Farms) Ltd

Financial Statements

Year ended 31 January 2026

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

W & A C Rose (Farms) Ltd

Statement of Financial Position

31 January 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5		5,438,432		5,381,458

Current assets

Stocks		810,500	834,663
Debtors	6	111,757	91,425
Cash at bank and in hand		533,152	795,987
		-------------	-------------
		1,455,409	1,722,075

Creditors: amounts falling due within one year	7	684,283		1,052,278
		-------------		-------------
Net current assets			771,126		669,797
			-------------		-------------
Total assets less current liabilities			6,209,558		6,051,255

Creditors: amounts falling due after more than one year	8		174,831		–

Provisions

Taxation including deferred tax	409,142	391,332
	-------------	-------------
Net assets	5,625,585	5,659,923
	-------------	-------------

Capital and reserves

Called up share capital	1,000	1,000
Profit and loss account	5,624,585	5,658,923
	-------------	-------------
Shareholders funds	5,625,585	5,659,923
	-------------	-------------

These financial statements 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.

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 statements 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 statements .

W & A C Rose (Farms) Ltd

Statement of Financial Position (continued)

31 January 2026

These financial statements were approved by the board of directors and authorised for issue on 22 September 2026 , and are signed on behalf of the board by:

Mr W Rose	Mr A C Rose
Director	Director

Company registration number: 01839386

W & A C Rose (Farms) Ltd

Notes to the Financial Statements

Year ended 31 January 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Albion House, Manor Farm, Fillingham, Gainsborough, Lincolnshire, DN21 5BS.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

(a) Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

(b) Going concern

The UK economy has recently been impacted by rising inflation, interest rates and energy costs. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis

(c) Revenue recognition

Turnover is recognised on delivery of produce or on provision of service or entitlement to income and is stated net of discounts and Value Added Tax. Other operating income represents rents receivable and income is recognised according to the terms of the lease.

(d) Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.

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 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.

(e) Current and deferred tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, 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 be paid or recovered 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.

(f) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

(g) 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:

Land & buildings	-	5% straight line
Implements & equipment	-	12% reducing balance
Tractors & combines	-	10% straight line
Motor vehicles	-	25% straight line

	Solar Panels	-	5% straight line

(h) Impairment of fixed assets

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. For the purposes of impairment testing, 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 largely independent of the cash inflows from other assets or groups of assets.

(i) 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 stock to its present location and condition.

(j) Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

(k) Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

(l) Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the equity after deducting all of its financial liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 12 (2025: 12 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£	£
Cost/Valuation
At 1 February 2025	4,528,688	1,852,820	2,034,649	62,952	8,479,109
Additions	–	46,557	347,000	–	393,557
Disposals	–	–	( 244,102)	–	( 244,102)
	-------------	-------------	-------------	--------	-------------
At 31 January 2026	4,528,688	1,899,377	2,137,547	62,952	8,628,564
	-------------	-------------	-------------	--------	-------------
Depreciation
At 1 February 2025	724,447	1,319,844	1,007,135	46,225	3,097,651
Charge for the year	13,553	72,759	193,087	8,363	287,762
Disposals	–	–	( 195,281)	–	( 195,281)
	-------------	-------------	-------------	--------	-------------
At 31 January 2026	738,000	1,392,603	1,004,941	54,588	3,190,132
	-------------	-------------	-------------	--------	-------------
Carrying amount
At 31 January 2026	3,790,688	506,774	1,132,606	8,364	5,438,432
	-------------	-------------	-------------	--------	-------------
At 31 January 2025	3,804,241	532,976	1,027,514	16,727	5,381,458
	-------------	-------------	-------------	--------	-------------

Tangible assets held at valuation

Investment property included in Land and buildings above at £1,023,888 (2024 £1,023,888) was valued in January 2025 by the directors who have experience in the location and category of the investment properties being valued.

6. Debtors

	2026	2025
	£	£
Trade debtors	99,731	80,617
Other debtors	12,026	10,808
	----------	--------
	111,757	91,425
	----------	--------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	79,917	52,553
Amounts owed to group undertakings	355,000	–
Corporation tax	–	58,845
Social security and other taxes	4,256	–
Obligations under finance leases and hire purchase contracts	50,378	69,647
Directors loan accounts	194,732	871,233
	----------	-------------
	684,283	1,052,278
	----------	-------------

Hire purchase liabilities are secured on the associated asset.

8. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Obligations under finance leases and hire purchase contracts	174,831	–
	----------	----

Hire purchase liabilities are secured on the associated asset.

9. Related party transactions

During the year the directors (who are also shareholders) had loan accounts with the company which stayed in credit throughout the period. At the year end date the amount owed by the company to the directors was £ 194,732 (2025 - £871,233). No interest was charged on these loans and the loans are repayable on demand.