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REGISTERED NUMBER: 01106822 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023

FOR

ELM FARM ENTERPRISES (BLETCHLEY) LIMITED

ELM FARM ENTERPRISES (BLETCHLEY) LIMITED (REGISTERED NUMBER: 01106822)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ELM FARM ENTERPRISES (BLETCHLEY) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTOR: Mr A Tompkins





SECRETARY: Mrs A Tompkins





REGISTERED OFFICE: 124 Studley Knapp
Walnut Tree
Milton Keynes
Buckinghamshire
MK7 7NE





REGISTERED NUMBER: 01106822 (England and Wales)





ACCOUNTANTS: Ad Valorem Accountancy Services Limited
Chartered Certified Accountants
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Buckinghamshire
MK12 5NN

ELM FARM ENTERPRISES (BLETCHLEY) LIMITED (REGISTERED NUMBER: 01106822)

BALANCE SHEET
31 MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 29,271 21,520

CURRENT ASSETS
Stocks 260 260
Debtors 5 3,651 15,824
Cash at bank 13,582 108
17,493 16,192
CREDITORS
Amounts falling due within one year 6 24,731 20,775
NET CURRENT LIABILITIES (7,238 ) (4,583 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,033

16,937

CREDITORS
Amounts falling due after more than one
year

7

(5,817

)

-

PROVISIONS FOR LIABILITIES (5,561 ) (3,823 )
NET ASSETS 10,655 13,114

CAPITAL AND RESERVES
Called up share capital 8 200 200
Retained earnings 10,455 12,914
SHAREHOLDERS' FUNDS 10,655 13,114

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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.

ELM FARM ENTERPRISES (BLETCHLEY) LIMITED (REGISTERED NUMBER: 01106822)

BALANCE SHEET - continued
31 MAY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 November 2023 and were signed by:





Mr A Tompkins - Director


ELM FARM ENTERPRISES (BLETCHLEY) LIMITED (REGISTERED NUMBER: 01106822)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023


1. STATUTORY INFORMATION

Elm Farm Enterprises (Bletchley) 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.

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.
Plant and machinery - 5% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

ELM FARM ENTERPRISES (BLETCHLEY) LIMITED (REGISTERED NUMBER: 01106822)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2022 52,795 29,319 1,108 83,222
Additions 1,241 11,995 187 13,423
Disposals - (14,000 ) - (14,000 )
At 31 May 2023 54,036 27,314 1,295 82,645
DEPRECIATION
At 1 June 2022 34,711 26,501 490 61,702
Charge for year 966 3,471 304 4,741
Eliminated on disposal - (13,069 ) - (13,069 )
At 31 May 2023 35,677 16,903 794 53,374
NET BOOK VALUE
At 31 May 2023 18,359 10,411 501 29,271
At 31 May 2022 18,084 2,818 618 21,520

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 11,580
Other debtors 3,651 4,244
3,651 15,824

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 2,756 -
Trade creditors 996 3,112
Taxation and social security 12,802 12,868
Other creditors 8,177 4,795
24,731 20,775

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 5,817 -

ELM FARM ENTERPRISES (BLETCHLEY) LIMITED (REGISTERED NUMBER: 01106822)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
200 Ordinary 1 200 200