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REGISTERED NUMBER: 09658247 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

FOR

FARM, FIELD & FOREST LTD

FARM, FIELD & FOREST LTD (REGISTERED NUMBER: 09658247)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

FARM, FIELD & FOREST LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTORS: J Cottenham
S Cottenham





SECRETARY: S Cottenham





REGISTERED OFFICE: 3rd Floor
21 Perrymount Road
Haywards Heath
West Sussex
RH16 3TP





REGISTERED NUMBER: 09658247 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

FARM, FIELD & FOREST LTD (REGISTERED NUMBER: 09658247)

BALANCE SHEET
30 APRIL 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 37,849 50,644
Tangible assets 5 30,746 56,527
68,595 107,171

CURRENT ASSETS
Stocks 6 7,500 7,500
Debtors 7 24,818 22,410
Cash at bank and in hand 47,056 26,334
79,374 56,244
CREDITORS
Amounts falling due within one year 8 70,044 52,850
NET CURRENT ASSETS 9,330 3,394
TOTAL ASSETS LESS CURRENT
LIABILITIES

77,925

110,565

PROVISIONS FOR LIABILITIES 7,687 10,740
NET ASSETS 70,238 99,825

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 70,138 99,725
SHAREHOLDERS' FUNDS 70,238 99,825

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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.

FARM, FIELD & FOREST LTD (REGISTERED NUMBER: 09658247)

BALANCE SHEET - continued
30 APRIL 2023


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 Board of Directors and authorised for issue on 16 October 2023 and were signed on its behalf by:





J Cottenham - Director


FARM, FIELD & FOREST LTD (REGISTERED NUMBER: 09658247)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023


1. STATUTORY INFORMATION

Farm, Field & Forest 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.

The presentation currency of the financial statements is the Pound Sterling (£).


Each unit has been rounded to the nearest whole pound.

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 recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Goodwill
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.

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised
evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are measured at the lower of cost and net realisable value.

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.

FARM, FIELD & FOREST LTD (REGISTERED NUMBER: 09658247)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


2. ACCOUNTING POLICIES - continued

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.

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 6 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2022
and 30 April 2023 127,954
AMORTISATION
At 1 May 2022 77,310
Charge for year 12,795
At 30 April 2023 90,105
NET BOOK VALUE
At 30 April 2023 37,849
At 30 April 2022 50,644

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2022 133,595
Additions 4,049
Disposals (12,450 )
At 30 April 2023 125,194
DEPRECIATION
At 1 May 2022 77,068
Charge for year 25,782
Eliminated on disposal (8,402 )
At 30 April 2023 94,448
NET BOOK VALUE
At 30 April 2023 30,746
At 30 April 2022 56,527

FARM, FIELD & FOREST LTD (REGISTERED NUMBER: 09658247)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


6. STOCKS
2023 2022
£    £   
Inventories 7,500 7,500

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 263 811
Other debtors 24,555 21,599
24,818 22,410

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 38,185 24,621
Taxation and social security 14,414 25,869
Other creditors 17,445 2,360
70,044 52,850

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 14,792 26,967
Between one and five years - 14,792
14,792 41,759

FARM, FIELD & FOREST LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
FARM, FIELD & FOREST LTD


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 Balance Sheet. 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 Farm, Field & Forest Ltd for the year ended 30 April 2023 which comprise the Income Statement, 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 professional firm regulated by 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 director of Farm, Field & Forest Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Farm, Field & Forest Ltd and state those matters that we have agreed to state to the director of Farm, Field & Forest Ltd 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 Farm, Field & Forest Ltd and its director for our work or for this report.

It is your duty to ensure that Farm, Field & Forest Ltd 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 Farm, Field & Forest Ltd. You consider that Farm, Field & Forest Ltd 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 Farm, Field & Forest Ltd. 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.






Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE


16 October 2023