Seed Packers Ltd - Accounts

Registered Number: 07301700 Seed Packers Ltd
Statement of Financial Position
As at 31 July 2026

	2026		2025
	£	£	£	£
Fixed assets		190,405		202,166
Current assets	39,028		25,876
Creditors: amount falling due within one year	(34,799)		(48,974)
Net current assets		4,229		(23,098)
Total assets less current liabilities		194,634		179,068
Creditors: amount falling due after more than one year		(22,850)		(32,933)
Net assets		171,784		146,135


Capital and reserves		171,784		146,135

NOTES TO THE ACCOUNTS

General Information

Seed Packers Ltd is a private company, limited by shares, registered in England and Wales, registration number 07301700, registration address 3 Brickfields Business Park, Old Stowmarket Road, Woolpit, Bury St Edmunds, IP30 9QS.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Finance lease and hire purchase charges

The finance element of the rental payment is charged to the income statement on a straight line basis.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	0% Straight Line
Plant and Machinery	25% Reducing Balance

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Total
	£	£	£
At 01 August 2025	155,123	122,249	277,372
Additions	-	-	-
Disposals	-	-	-
At 31 July 2026	155,123	122,249	277,372
Depreciation
At 01 August 2025	-	75,206	75,206
Charge for year	-	11,761	11,761
On disposals	-	-	-
At 31 July 2026	-	86,967	86,967
Net book values
Closing balance as at 31 July 2026	155,123	35,282	190,405
Opening balance as at 01 August 2025	155,123	47,043	202,166

3.	Average number of employees Average number of employees during the year was 1 (2025 : 1).

Related parties

During the year the company entered into the following transactions with related parties:

	Amount due from/to related party				Provision for doubtful debt from the related party
	2026 £		2025 £		2026 £		2025 £
Patrick Nesham	(10,681)		(38,254)		-		-

An amount was due to the director at the year end, this amount is interest free

For the year ended 31 July 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 22 October 2026 and were signed by:

--------------------------------
Patrick Nesham
Director