REGISTERED NUMBER: 14082910 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

BEXWELL FARM LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S B Day

Mrs C Day

REGISTERED OFFICE:

27-29 Old Market

Wisbech

Cambridgeshire

PE13 1NE

REGISTERED NUMBER:

14082910 (England and Wales)

ACCOUNTANTS:

Wheelers

Chartered Accountants & Tax Consultants

27-29 Old Market

Wisbech

Cambridgeshire

PE13 1NE

FIXED ASSETS

Intangible assets

4

16,181

18,125

Tangible assets

5

243,878

282,043

260,059

300,168

CURRENT ASSETS

Stocks

81,381

96,367

Debtors

6

10,086

9,078

Cash at bank

487,694

738,674

579,161

844,119

CREDITORS

Amounts falling due within one year

7

168,200

460,306

NET CURRENT ASSETS

410,961

383,813

TOTAL ASSETS LESS CURRENT LIABILITIES

671,020

683,981

CREDITORS

Amounts falling due after more than one year

8

-

(100,000

)

PROVISIONS FOR LIABILITIES

(59,400

)

(68,050

)

NET ASSETS

611,620

515,931

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

611,520

515,831

611,620

515,931

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 26 October 2026 and were signed on its behalf by:

S B Day - Director

Mrs C Day - Director

1.	STATUTORY INFORMATION

Bexwell Farm 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.	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.

The directors believe that the company is well placed to manage its financial risks successfully and have reasonable expectation that it has adequate resources to continue in operational existence for the foreseeable future. Consequently, it has adopted the going concern basis of accounting in preparing the annual financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

Straight line over 10 years

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Tractors

-

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 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 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2025

25,000

-

25,000

Additions

-

585

585

At 31 March 2026

25,000

585

25,585

AMORTISATION

At 1 April 2025

6,875

-

6,875

Charge for year

2,500

29

2,529

At 31 March 2026

9,375

29

9,404

NET BOOK VALUE

At 31 March 2026

15,625

556

16,181

At 31 March 2025

18,125

-

18,125

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2025

10,020

157,522

708

Additions

-

43,831

-

Disposals

(2,716

)

(18,000

)

-

At 31 March 2026

7,304

183,353

708

DEPRECIATION

At 1 April 2025

436

50,698

148

Charge for year

1,002

27,213

140

Eliminated on disposal

(317

)

(8,028

)

-

At 31 March 2026

1,121

69,883

288

NET BOOK VALUE

At 31 March 2026

6,183

113,470

420

At 31 March 2025

9,584

106,824

560

Motor

vehicles

Tractors

Totals

£

£

£

COST

At 1 April 2025

33,939

171,508

373,697

Additions

-

-

43,831

Disposals

-

-

(20,716

)

At 31 March 2026

33,939

171,508

396,812

DEPRECIATION

At 1 April 2025

15,874

24,498

91,654

Charge for year

4,517

36,753

69,625

Eliminated on disposal

-

-

(8,345

)

At 31 March 2026

20,391

61,251

152,934

NET BOOK VALUE

At 31 March 2026

13,548

110,257

243,878

At 31 March 2025

18,065

147,010

282,043

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Other debtors

10,086

9,078

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

22,601

-

Taxation and social security

41,637

61,762

Other creditors

103,962

398,544

168,200

460,306

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Other creditors

-

100,000