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REGISTERED NUMBER: 01578730 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

FARM HALL LIMITED

FARM HALL LIMITED (REGISTERED NUMBER: 01578730)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FARM HALL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: M H Echenique
M L H de Echenique





REGISTERED OFFICE: Farm Hall
Godmanchester
Huntingdon
PE29 2HQ





REGISTERED NUMBER: 01578730 (England and Wales)





ACCOUNTANTS: TC Group
4 Office Village
Forder Way
Cygnet Park, Hampton
Peterborough
Cambridgeshire
PE7 8GX

FARM HALL LIMITED (REGISTERED NUMBER: 01578730)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,992 7,602

CURRENT ASSETS
Debtors 5 5,670 7,308
Investments 6 461,006 476,654
Cash at bank 5,414 2,834
472,090 486,796
CREDITORS
Amounts falling due within one year 7 8,998 5,289
NET CURRENT ASSETS 463,092 481,507
TOTAL ASSETS LESS CURRENT LIABILITIES 469,084 489,109

PROVISIONS FOR LIABILITIES 8 11,931 16,371
NET ASSETS 457,153 472,738

CAPITAL AND RESERVES
Called up share capital 9 1,800 1,800
Retained earnings 455,353 470,938
SHAREHOLDERS' FUNDS 457,153 472,738

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

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

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 21 November 2023 and were signed on its behalf by:



M H Echenique - Director


FARM HALL LIMITED (REGISTERED NUMBER: 01578730)

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


1. STATUTORY INFORMATION

Farm Hall 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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and have also been consistently applied within the same accounts.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk

Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.

Turnover
Turnover is stated net of VAT.Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

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 - 10% on cost
Fixtures and fittings - 10% on cost


FARM HALL LIMITED (REGISTERED NUMBER: 01578730)

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


2. ACCOUNTING POLICIES - continued
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.

Foreign currency
Transactions in foreign currencies are translated into sterling at the rates ruling at the dates of the transaction. Non - monetary assets denominated in foreign currencies are translated at the sterling rates ruling at the date of acquisition. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are translated at the rates ruling of at that date. These translation differences are dealt with in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 July 2022
and 30 June 2023 41,879 12,443 1,701 56,023
DEPRECIATION
At 1 July 2022 41,149 5,861 1,411 48,421
Charge for year 275 1,244 91 1,610
At 30 June 2023 41,424 7,105 1,502 50,031
NET BOOK VALUE
At 30 June 2023 455 5,338 199 5,992
At 30 June 2022 730 6,582 290 7,602

FARM HALL LIMITED (REGISTERED NUMBER: 01578730)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
VAT 7 1,353
Prepayments and accrued income 5,663 5,955
5,670 7,308

6. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Listed investments 461,006 476,654
Market value of listed investments at 30 June 2023 - £ 461,006 (2022 - £ 476,654 ).

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 3
Directors loan 7,868 4,261
Accruals and deferred income 1,130 1,025
8,998 5,289

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 11,931 16,371

Deferred
tax
£   
Balance at 1 July 2022 16,371
Credit to Income Statement during year (4,440 )
Unrealised investment gains
Taxable losses carried forward
Accelerated capital allowances
Balance at 30 June 2023 11,931

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,800 Ordinary £1 1,800 1,800

10. RELATED PARTY DISCLOSURES

At the balance sheet date £7,868 (2022 - £4,261) was owed to the directors in the form of a directors loan account. This amount is interest free and repayable on demand.

FARM HALL LIMITED (REGISTERED NUMBER: 01578730)

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


11. ULTIMATE CONTROLLING PARTY

The company is equally controlled and owned by the Directors' by virtue of their shareholding.