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REGISTERED NUMBER: 00455404 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2023

FOR

RUSHMERE FARM LIMITED

RUSHMERE FARM LIMITED (REGISTERED NUMBER: 00455404)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RUSHMERE FARM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST AUGUST 2023







DIRECTOR: R N Crossley





SECRETARY: Mrs S P Crossley





REGISTERED OFFICE: Rushmere Farm
Hambledon
Waterlooville
Hampshire
PO7 4SG





REGISTERED NUMBER: 00455404 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

RUSHMERE FARM LIMITED (REGISTERED NUMBER: 00455404)

BALANCE SHEET
31ST AUGUST 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 262 292
Investments 5 160,625 158,082
160,887 158,374

CURRENT ASSETS
Cash at bank 1 1

CREDITORS
Amounts falling due within one year 6 51,170 50,282
NET CURRENT LIABILITIES (51,169 ) (50,281 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

109,718

108,093

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 109,618 107,993
SHAREHOLDERS' FUNDS 109,718 108,093

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

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

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 director and authorised for issue on 27th February 2024 and were signed by:



R N Crossley - Director


RUSHMERE FARM LIMITED (REGISTERED NUMBER: 00455404)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2023


1. STATUTORY INFORMATION

Rushmere Farm 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.
Land and buildings - 10% on reducing balance
Plant and machinery etc - 15% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

RUSHMERE FARM LIMITED (REGISTERED NUMBER: 00455404)

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


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st September 2022
and 31st August 2023 15,972 9,100 25,072
DEPRECIATION
At 1st September 2022 15,680 9,100 24,780
Charge for year 30 - 30
At 31st August 2023 15,710 9,100 24,810
NET BOOK VALUE
At 31st August 2023 262 - 262
At 31st August 2022 292 - 292

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.8.23 31.8.22
£    £   
Balance brought forward 158,082 155,963
Share of profit/loss for year 2,543 2,119
160,625 158,082

This investment represents the company's capital balance in Rushmere Farm Partnership. The movement in year represents the company's share of the partnership's profit / (loss) for the year.


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors 36,503 35,045
Taxation and social security 388 958
Other creditors 14,279 14,279
51,170 50,282

7. RELATED PARTY DISCLOSURES

Included within creditors is an interest free loan of £13,829 from a director of the company. There is no fixed repayment date for this loan.

All related party transactions were conducted on a market rate basis at arms-length. No further disclosure is therefore required.

RUSHMERE FARM LIMITED (REGISTERED NUMBER: 00455404)

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


8. ULTIMATE CONTROLLING PARTY

The controlling party is R N Crossley.