REGISTERED NUMBER: 11542272 (England and Wales)

PRC AGRICULTURAL LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr P R C Holmes

REGISTERED OFFICE:

7 Station Road

Foggathorpe

Selby

North Yorkshire

YO8 6PU

REGISTERED NUMBER:

11542272 (England and Wales)

ACCOUNTANTS:

KTC

Chartered Certified Accountants

80 West View

Barlby Road

Selby

North Yorkshire

YO8 5BD

FIXED ASSETS

Tangible assets

4

220,416

172,990

CURRENT ASSETS

Stocks

176,944

147,777

Debtors

5

63,975

7,434

Cash at bank

12,995

33,234

253,914

188,445

CREDITORS

Amounts falling due within one year

6

82,985

72,491

NET CURRENT ASSETS

170,929

115,954

TOTAL ASSETS LESS CURRENT LIABILITIES

391,345

288,944

PROVISIONS FOR LIABILITIES

36,271

23,767

NET ASSETS

355,074

265,177

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

354,974

265,077

355,074

265,177

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 2 November 2026 and were signed by:

Mr P R C Holmes - Director

1.	STATUTORY INFORMATION

PRC Agricultural Ltd 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

-

2% on cost

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 September 2025

119,665

48,573

42,973

211,211

Additions

-

65,099

5,000

70,099

Disposals

-

(5,240

)

-

(5,240

)

At 31 August 2026

119,665

108,432

47,973

276,070

DEPRECIATION

At 1 September 2025

10,541

23,204

4,476

38,221

Charge for year

2,393

8,352

10,770

21,515

Eliminated on disposal

-

(4,082

)

-

(4,082

)

At 31 August 2026

12,934

27,474

15,246

55,654

NET BOOK VALUE

At 31 August 2026

106,731

80,958

32,727

220,416

At 31 August 2025

109,124

25,369

38,497

172,990

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

55,511

-

Prepayments and accrued income

8,464

7,434

63,975

7,434

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

-

7,907

Trade creditors

3,124

1,444

Tax

19,965

17,896

Social security and other taxes

201

159

VAT

37,138

15,113

Directors' current accounts

20,800

28,322

Accrued expenses

1,757

1,650

82,985

72,491

7.	RELATED PARTY DISCLOSURES