Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-311truefalse2022-03-17falseInvestmentThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13983644 2022-03-16 13983644 2022-03-17 2023-03-31 13983644 2021-04-01 2022-03-16 13983644 2023-03-31 13983644 c:Director1 2022-03-17 2023-03-31 13983644 d:FreeholdInvestmentProperty 2022-03-17 2023-03-31 13983644 d:FreeholdInvestmentProperty 2023-03-31 13983644 d:CurrentFinancialInstruments 2023-03-31 13983644 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13983644 d:ShareCapital 2023-03-31 13983644 d:RetainedEarningsAccumulatedLosses 2023-03-31 13983644 c:FRS102 2022-03-17 2023-03-31 13983644 c:AuditExempt-NoAccountantsReport 2022-03-17 2023-03-31 13983644 c:FullAccounts 2022-03-17 2023-03-31 13983644 c:PrivateLimitedCompanyLtd 2022-03-17 2023-03-31 13983644 e:PoundSterling 2022-03-17 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 13983644









KENTFORD FARMS LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD 17 MARCH 2022 TO 31 MARCH 2023

 
KENTFORD FARMS LTD
REGISTERED NUMBER: 13983644

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
Note
£

Fixed assets
  

Investment property
  
104,039

  
104,039

Current assets
  

Cash at bank and in hand
  
1,018

  
1,018

Creditors: amounts falling due within one year
 5 
(105,087)

Net current (liabilities)/assets
  
 
 
(104,069)

Total assets less current liabilities
  
(30)

  

Net (liabilities)/assets
  
(30)


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
(130)

  
(30)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.
 
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KENTFORD FARMS LTD
REGISTERED NUMBER: 13983644
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023


The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



................................................
C A Barron
Director

Date: 2 April 2024

The notes on pages 3 to 4 form part of these financial statements.
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KENTFORD FARMS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 17 MARCH 2022 TO 31 MARCH 2023

1.


General information

The principal activity of Kentford Farms Ltd is that of property investment.
The Company is a private company limited by shares and is incorporated in England and Wales.
The registered office is Stonecross, Trumpington High Street, Cambridge, CB2 9SU.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Rental income is recognised on an accruals basis.

 
2.3

Investment property

Investment property is carried at fair value determined annually by the director. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.4

Financial instruments

The company only enters into basic financial instruments and transactions that result in the
recognition of financial assets and liabilities like trade and other debtors and creditors and loans to
and from related parties
(i) Financial Assets
Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at market rate of interest.
(ii) Financial Liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt Instrument is measured at the present value of the future payments discounted at a market rate of  interest.

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KENTFORD FARMS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 17 MARCH 2022 TO 31 MARCH 2023

3.


Employees




The average monthly number of employees, including directors, during the period was 1.


4.


Investment property


Freehold investment property

£



Valuation


Additions at cost
104,039



At 31 March 2023
104,039

The director does not believe there has been any change in the fair value of the property since acquisition.




2023
£


Historic cost
91,487

91,487


5.


Creditors: Amounts falling due within one year

2023
£

Other creditors
103,587

Accruals and deferred income
1,500

105,087



6.


Related party transactions

Included in other creditors is £103,587 owed to a director. This balance is unsecured, interst free and repayable on demand.

 
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