REGISTERED NUMBER: 00656560 (England and Wales)

A. L. SAYERS (HOLBETON) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

G S Sayers

Mrs Z C Sayers

SECRETARY:

Mrs Z C Sayers

REGISTERED OFFICE:

Carswell

Holbeton

Plymouth

Devon

PL8 1HH

REGISTERED NUMBER:

00656560 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

14 London Road

Newark

Nottinghamshire

NG24 1TW

FIXED ASSETS

Intangible assets

4

10,000

10,000

Property, plant and equipment

5

4,847,617

4,979,798

Investments

6

1,881,958

1,944,077

6,739,575

6,933,875

CURRENT ASSETS

Inventories

7

1,247,681

1,298,924

Debtors

8

710,834

874,645

Investments

9

327,581

327,581

Cash at bank

131,487

1,090,479

2,417,583

3,591,629

CREDITORS

Amounts falling due within one year

10

1,917,569

2,359,242

NET CURRENT ASSETS

500,014

1,232,387

TOTAL ASSETS LESS CURRENT LIABILITIES

7,239,589

8,166,262

CREDITORS

Amounts falling due after more than one year

11

(1,681,709

)

(2,493,081

)

PROVISIONS FOR LIABILITIES

(430,932

)

(446,510

)

NET ASSETS

5,126,948

5,226,671

CAPITAL AND RESERVES

Called up share capital

14

15,500

15,500

Retained earnings

5,111,448

5,211,171

SHAREHOLDERS' FUNDS

5,126,948

5,226,671

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved and authorised by the Board of Directors and authorised for issue on 23 October 2025 and were signed on its behalf by:

G S Sayers - Director

1.	STATUTORY INFORMATION

A. L. Sayers (Holbeton) 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.

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.

Revenue

Revenue 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 consist of entitlements to the basic payment. The entitlements are recognised at fair value and written off on a straight line basis over the period to 31 December 2019 when the scheme ends.

Property, plant and equipment

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

Land and buildings

-

not provided

Plant and machinery etc

-

20% on reducing balance, 15% on reducing balance, 10% on reducing balance and 5% on cost

Fixed asset investments

Fixed asset investments represent the investment in associated partnerships. Additions include capital introduced and profit share. Disposals include drawings made from the partnership. The annual profit share is shown in the income statement.

Inventories

Inventories are valued at the lower of cost and fair value less costs to complete and sell, after making due allowance for obsolete and slow moving items.

The dairy herd is held at fair value.

Financial instruments

The company has chosen to adopt the FRS 102A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 25 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

149,380

AMORTISATION

At 1 April 2024

and 31 March 2025

139,380

NET BOOK VALUE

At 31 March 2025

10,000

At 31 March 2024

10,000

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

2,948,876

3,882,418

6,831,294

Additions

-

284,073

284,073

Disposals

-

(271,324

)

(271,324

)

At 31 March 2025

2,948,876

3,895,167

6,844,043

DEPRECIATION

At 1 April 2024

-

1,851,496

1,851,496

Charge for year

-

221,157

221,157

Eliminated on disposal

-

(76,227

)

(76,227

)

At 31 March 2025

-

1,996,426

1,996,426

NET BOOK VALUE

At 31 March 2025

2,948,876

1,898,741

4,847,617

At 31 March 2024

2,948,876

2,030,922

4,979,798

6.	FIXED ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Other investments not loans

1,881,958

1,944,077

Additional information is as follows:

Totals

£

COST

At 1 April 2024

1,944,077

Additions

238,075

Disposals

(300,194

)

At 31 March 2025

1,881,958

NET BOOK VALUE

At 31 March 2025

1,881,958

At 31 March 2024

1,944,077

7.	INVENTORIES

2025

2024

£

£

Valuation

501,082

314,141

Herd valuation

746,599

984,783

1,247,681

1,298,924

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

274,837

416,578

Other debtors

435,997

458,067

710,834

874,645

9.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Unlisted investments

327,581

327,581

10.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

479,526

274,069

Hire purchase contracts (see note 12)

36,905

61,960

Trade creditors

288,123

607,436

Taxation and social security

31,440

64,867

Other creditors

1,081,575

1,350,910

1,917,569

2,359,242

11.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,666,590

2,422,255

Hire purchase contracts (see note 12)

15,119

70,826

1,681,709

2,493,081

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

727,479

1,318,330

12.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

36,905

61,960

Between one and five years

15,119

70,826

52,024

132,786

Non-cancellable

operating leases

2025

2024

£

£

Within one year

124,400

124,400

Between one and five years

414,840

435,530

In more than five years

103,710

207,420

642,950

767,350

13.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdraft

264,261

-

Bank loans

1,881,855

2,696,324

2,146,116

2,696,324

14.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

15,500

Ordinary

£1

15,500

15,500