REGISTERED NUMBER: 01059626 (England and Wales)

SCAMPSTON FARMING COMPANY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Abridged Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

Sir C J C Legard

Mr B F J Legard

SECRETARY:

Lady M M Legard

REGISTERED OFFICE:

The Estate Office

Scampston Hall

Malton

North Yorkshire

YO17 8NG

REGISTERED NUMBER:

01059626 (England and Wales)

ACCOUNTANTS:

UHY Calvert Smith

Chartered Accountants

Heritage House

Murton Way

Osbaldwick

York

North Yorkshire

YO19 5UW

FIXED ASSETS

Tangible assets

4

3,910,083

4,041,970

Investments

5

13,210

13,003

3,923,293

4,054,973

CURRENT ASSETS

Stocks

767,833

555,091

Debtors

283,297

302,378

Cash at bank and in hand

388,886

395,500

1,440,016

1,252,969

CREDITORS

Amounts falling due within one year

680,074

637,366

NET CURRENT ASSETS

759,942

615,603

TOTAL ASSETS LESS CURRENT LIABILITIES

4,683,235

4,670,576

CREDITORS

Amounts falling due after more than one year

6

(1,181,851

)

(1,290,723

)

PROVISIONS FOR LIABILITIES

(229,869

)

(243,732

)

NET ASSETS

3,271,515

3,136,121

CAPITAL AND RESERVES

Called up share capital

15,988

15,988

Share premium

199,012

199,012

Retained earnings

3,056,515

2,921,121

SHAREHOLDERS' FUNDS

3,271,515

3,136,121

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2026 and were signed on its behalf by:

Sir C J C Legard - Director

1.	STATUTORY INFORMATION

Scampston Farming Company 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 company's place of business is Scampston Estate Office, Scampston Hall, Malton, North Yorkshire YO17 8NG.

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.

Turnover

Turnover represents amounts receivable from farming activities and the sale of lodges net of VAT and trade discounts.

Income from rents and wayleaves are recognised in the accounts when invoiced. No adjustment is made for amounts relating to periods which extend beyond the balance sheet date on the grounds of immateriality.

Single Farm Payment

Amounts received under the Single Farm Payment scheme are recognised as income in the accounts that relate to the scheme year of the subsidy.

Stewardship

Agricultural and environmental stewardship income is recognised as income in the accounts that relate to the scheme year of the subsidy.

Scampston Park Lodges

Income from the sale of the lodges is recognised at the point that a lodge becomes available for use, being the point at which the sale proceeds fall due under the sale agreement. Amounts received as deposits are included within creditors.

Annual maintenance fees are receivable annually in advance on 1 January each year. Any amounts received for periods extending beyond the balance sheet date are treated as deferred income and are included within creditors.

Tangible fixed assets

Depreciation is provided at the rates calculated to write off the cost less estimated residual value of each asset over its expected useful life.

Freehold property - 2% straight line

Assets under construction - not provided

Long leasehold - 2% straight line

Improvements to property - 5% reducing balance

Plant and machinery - between 10% to 20% reducing balance

Motor vehicles - 25% reducing balance

Stocks

Lodge stock

Lodges are valued at the lower of cost and net realisable value.

Agricultural stock

Crops in store and consumables are valued at the lower of cost and net realisable value.

Growing crops are classed as biological assets and are valued under the cost model in accordance with Section 34 of the Financial Reporting Standard 102.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Forward contracts taken out on Euros are translated at the relevant rates of exchange. Exchange differences are taken into account in arriving at the operating result.

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

Fixed asset investments are stated at cost less provision for diminution in value.

Grants received

Grants relating to overhead expenses are recognised in the profit and loss account so as to match the expenditure towards which they are intended to contribute.

Hire purchase and leasing commitments

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals paid and received under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2025 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

5,162,602

Additions

28,145

Disposals

(8,316

)

At 31 March 2026

5,182,431

DEPRECIATION

At 1 April 2025

1,120,632

Charge for year

159,445

Eliminated on disposal

(7,729

)

At 31 March 2026

1,272,348

NET BOOK VALUE

At 31 March 2026

3,910,083

At 31 March 2025

4,041,970

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2025

13,003

Interest, bonus

207

At 31 March 2026

13,210

NET BOOK VALUE

At 31 March 2026

13,210

At 31 March 2025

13,003

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2026

2025

£

£

Repayable by instalments

Bank loans in more than 5 years

677,144

809,672

7.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank overdraft

-

51,719

Bank loans

1,282,414

1,382,436

Hire purchase contracts

7,661

13,306

1,290,075

1,447,461

The loan debt, bank overdraft and HP contracts are secured by fixed and floating charges over the company's land and property.