REGISTERED NUMBER: 01086330 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

T. & K. BROWN AND SONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr P T Brown

Mrs K J Kitching

Miss R L Brown

Mrs C E Little

SECRETARY:

Mrs M M Brown

REGISTERED OFFICE:

Halt Farm

Great Rollright

CHIPPING NORTON

Oxfordshire

OX7 5RE

REGISTERED NUMBER:

01086330 (England and Wales)

ACCOUNTANTS:

Bronsens Accountants Limited

Chartered Certified Accountants

Hillside

Albion Street

Chipping Norton

Oxfordshire

OX7 5BH

FIXED ASSETS

Tangible assets

4

81,418

98,283

CURRENT ASSETS

Stocks

5

20,886

33,613

Debtors

6

66,804

91,868

Cash at bank

568,942

715,033

656,632

840,514

CREDITORS

Amounts falling due within one year

7

18,701

99,602

NET CURRENT ASSETS

637,931

740,912

TOTAL ASSETS LESS CURRENT LIABILITIES

719,349

839,195

PROVISIONS FOR LIABILITIES

8

17,555

16,547

NET ASSETS

701,794

822,648

CAPITAL AND RESERVES

Called up share capital

9

10,000

10,000

Retained earnings

691,794

812,648

SHAREHOLDERS' FUNDS

701,794

822,648

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 30 October 2026 and were signed on its behalf by:

Mr P T Brown - Director

1.	STATUTORY INFORMATION

T. & K. Brown and 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.

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.

Freehold property

-

in accordance with the property and Straight line over 20 years

Computer Equipment

-

33% on cost

Implements

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Tractors & combine

-

25% 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 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Current asset investments

Current asset investments are stated at the invested cost plus settled interest.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

Computer

property

Equipment

Implements

£

£

£

COST

At 1 February 2025

and 31 January 2026

38,421

1,134

227,971

DEPRECIATION

At 1 February 2025

27,220

1,132

192,223

Charge for year

-

-

5,362

At 31 January 2026

27,220

1,132

197,585

NET BOOK VALUE

At 31 January 2026

11,201

2

30,386

At 31 January 2025

11,201

2

35,748

Motor

Tractors

vehicles

& combine

Totals

£

£

£

COST

At 1 February 2025

and 31 January 2026

10,000

455,450

732,976

DEPRECIATION

At 1 February 2025

9,816

404,302

634,693

Charge for year

46

11,457

16,865

At 31 January 2026

9,862

415,759

651,558

NET BOOK VALUE

At 31 January 2026

138

39,691

81,418

At 31 January 2025

184

51,148

98,283

5.

STOCKS

31.1.26

31.1.25

£

£

Valuation

20,886

33,613

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

35,762

89,595

Tax

24,341

-

VAT

3,613

-

Prepayments

3,088

2,273

66,804

91,868

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Hire purchase contracts

-

10,875

Trade creditors

3,825

4,777

Tax

-

24,341

VAT

-

2,497

Proposed dividends

1,500

9,000

Directors' loan accounts

10,029

45,012

Accrued expenses

3,347

3,100

18,701

99,602

8.	PROVISIONS FOR LIABILITIES

31.1.26

31.1.25

£

£

Deferred tax

Accelerated capital allowances

17,555

16,547

Deferred

tax

£

Balance at 1 February 2025

16,547

Provided during year

1,008

Balance at 31 January 2026

17,555

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

7,500

Ordinary A

£1

7,500

7,500

2,500

Ordinary B

£1

2,500

2,500

10,000

10,000