REGISTERED NUMBER: 00688483 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Monks Hall Farms Limited

Page

Company information

1

Chartered accountants' report

2

Statement of financial position

3

to

4

Notes to the financial statements

5

to

7

Directors:

D A Casswell

F N Casswell

Secretary:

A Casswell

Registered office:

Bank House

Broad Street

Spalding

Lincolnshire

PE11 1TB

Registered number:

00688483 (England and Wales)

Accountants:

Moore Thompson

Bank House

Broad Street

Spalding

Lincolnshire

PE11 1TB

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Monks Hall Farms Limited for the year ended 31 March 2026 which comprise the Statement of income and retained earnings, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Monks Hall Farms Limited, as a body, in accordance with the terms of our engagement letter dated 8 October 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Monks Hall Farms Limited and state those matters that we have agreed to state to the Board of Directors of Monks Hall Farms Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Monks Hall Farms Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Monks Hall Farms Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Monks Hall Farms Limited. You consider that Monks Hall Farms Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Monks Hall Farms Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Thompson

Bank House

Broad Street

Spalding

Lincolnshire

PE11 1TB

2 November 2026

Fixed assets

Biological assets

5

41,394

47,151

Tangible assets

6

412,296

388,805

453,690

435,956

Current assets

Stocks

19,225

50,352

Debtors

7

131,233

43,403

Cash at bank and in hand

292,164

321,468

442,622

415,223

Creditors

Amounts falling due within one year

8

97,895

78,331

Net current assets

344,727

336,892

Total assets less current liabilities

798,417

772,848

Provisions for liabilities

49,002

43,076

Net assets

749,415

729,772

Capital and reserves

Called up share capital

9

16,000

16,000

Retained earnings

733,415

713,772

Shareholders' funds

749,415

729,772

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.

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 29 October 2026 and were signed on its behalf by:

D A Casswell - Director

1.	Statutory information

Monks Hall Farms 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 presentation currency of the financial statements is the Pound Sterling (£).

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

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

- 10% reducing balance

Plant and machinery

- 15% reducing balance

Land

- Not depreciated

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 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 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Biological assets

Biological assets measured under the fair value model are valued on initial recognition and at each reporting date at fair value less costs to sell. Changes in fair value less costs to sell are recognised in profit or loss.

Agricultural produce harvested from these biological assets is measured at the point of harvest at its fair value less costs to sell.

Biological assets measured under the cost model are held at cost less any accumulated depreciation and any accumulated impairment losses.

Agricultural produce harvested from these biological assets is measured at the point of harvest at either: the lower of cost and estimated selling price less costs to complete and sell; or its fair value less costs to sell. Any gain or loss arising on initial recognition of produce at fair value less costs to sell is included in profit or loss for the period.

4.	Employees and directors

The average number of employees during the year was 2 (2025 - 2 ) .

5.	Intangible fixed assets

Other

intangible

assets

£

Cost

At 1 April 2025

47,151

Purchases

41,394

Harvest

(47,151

)

At 31 March 2026

41,394

Net book value

At 31 March 2026

41,394

At 31 March 2025

47,151

6.	Tangible fixed assets

Land and

Plant and

buildings

machinery

Totals

£

£

£

Cost

At 1 April 2025

266,243

619,001

885,244

Additions

-

58,294

58,294

At 31 March 2026

266,243

677,295

943,538

Depreciation

At 1 April 2025

49,742

446,697

496,439

Charge for year

213

34,590

34,803

At 31 March 2026

49,955

481,287

531,242

Net book value

At 31 March 2026

216,288

196,008

412,296

At 31 March 2025

216,501

172,304

388,805

7.

Debtors: amounts falling due within one year

2026

2025

£

£

Trade debtors

120,156

29,888

VAT

604

3,518

Prepayments

10,473

9,997

131,233

43,403

8.

Creditors: amounts falling due within one year

2026

2025

£

£

Trade creditors

41,153

20,095

Corporation tax

4,530

18,105

Social security and other taxes

2,558

2,806

Shareholder loan account

140

-

Directors' current accounts

44,055

29,496

Accruals and deferred income

5,459

7,829

97,895

78,331

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

16,000

Ordinary shares

£1

16,000

16,000