Company registration number: 04623755
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
HDG Farm Supplies Ltd
Pages for filing with the Registrar
Company registration number: 04623755
HDG Farm Supplies Ltd
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Intangible assets 4 3 3,502
Tangible assets 5 1,100,650 957,047
1,100,653 960,549
Current assets
Stocks 811,842 423,665
Debtors 1,507,834 1,226,609
Cash at bank and in hand 382,432 249,500
2,702,108 1,899,774
Creditors: amounts falling due within one year
(1,148,563) (799,424)
Net current assets 1,553,545 1,100,350
Total assets less current liabilities 2,654,198 2,060,899
Creditors: Amounts falling due after more than one year
(635,234) (500,636)
Provisions for liabilities (13,000) (69,000)
NET ASSETS 2,005,964 1,491,263
Capital and reserves
Called up share capital 210,004 175,004
Share premium account 165,000 -
Profit and loss account 1,630,960 1,316,259
TOTAL EQUITY 2,005,964 1,491,263
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 04623755
HDG Farm Supplies Ltd
Balance sheet - continued
as at 31 March 2026
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 29 October 2026 and signed on its behalf by:
Mr H Griffiths, Director
29 October 2026
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HDG Farm Supplies Ltd
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
HDG Farm Supplies Ltd is a private company registered in England and Wales. Its registered number is 04623755. The company is limited by shares. Its registered office is Talog Stores, Talog, Carmarthen, Dyfed, SA33 6NY.
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 historic cost convention.
Going concern
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern, which the directors consider appropriate.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - Goodwill arose on the purchase of an unincorporated business in April 2006 and is being amortised over 20 years. Further goodwill was purchased in April 2013 and May 2016 and was amortised over 3 years. In the opinion of the directors this represents a prudent estimate of the periods over which the company will derive economic benefit from the products acquired as part of those businesses.






Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - 0% straight line
Plant and machinery etc.:
Plant & Machinery - 15% straight line
Motor Vehicles - 25% straight line
3
HDG Farm Supplies Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
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 taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3 Average number of employees
During the year the average number of employees was 9 (2025 - 9).
4 Intangible assets
Goodwill
£
Cost
At 1 April 2025 81,000
At 31 March 2026 81,000
Amortisation
At 1 April 2025 77,498
Charge for year 3,499
At 31 March 2026 80,997
4
HDG Farm Supplies Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
4 Intangible assets - continued
Net book value
At 31 March 2026 3
At 31 March 2025 3,502
5 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 April 2025 663,420 493,813 1,157,233
Additions 205,000 5,699 210,699
Disposals - (23,741) (23,741)
At 31 March 2026 868,420 475,771 1,344,191
Depreciation
At 1 April 2025 - 200,186 200,186
Charge for year - 62,222 62,222
Eliminated on disposal - (18,867) (18,867)
At 31 March 2026 - 243,541 243,541
Net book value
At 31 March 2026 868,420 232,230 1,100,650
At 31 March 2025 663,420 293,627 957,047
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