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REGISTERED NUMBER: 09381906 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

LEIGH FARM LIMITED

LEIGH FARM LIMITED (REGISTERED NUMBER: 09381906)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Accountants' Report 7

LEIGH FARM LIMITED

COMPANY INFORMATION
For The Year Ended 31 March 2023







DIRECTORS: R A Leigh
R B Leigh





REGISTERED OFFICE: 75 Bournemouth Road
Chandlers Ford
EASTLEIGH
Hampshire
SO53 3AP





REGISTERED NUMBER: 09381906 (England and Wales)





ACCOUNTANTS: Stone Osmond Limited
75 Bournemouth Road
Chandlers Ford
Eastleigh
Hampshire
SO53 3AP

LEIGH FARM LIMITED (REGISTERED NUMBER: 09381906)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 82,691 126,031

CURRENT ASSETS
Stocks 39,814 65,866
Debtors 5 4,674 6,661
Cash at bank 59,486 24,273
103,974 96,800
CREDITORS
Amounts falling due within one year 6 509,257 509,255
NET CURRENT LIABILITIES (405,283 ) (412,455 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(322,592

)

(286,424

)

CREDITORS
Amounts falling due after more than one
year

7

69,600

81,200
NET LIABILITIES (392,192 ) (367,624 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (392,292 ) (367,724 )
SHAREHOLDERS' FUNDS (392,192 ) (367,624 )

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

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

LEIGH FARM LIMITED (REGISTERED NUMBER: 09381906)

BALANCE SHEET - continued
31 March 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 and authorised for issue by the Board of Directors and authorised for issue on 21 December 2023 and were signed on its behalf by:




R A Leigh - Director



R B Leigh - Director


LEIGH FARM LIMITED (REGISTERED NUMBER: 09381906)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2023

1. STATUTORY INFORMATION

Leigh 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.

2. ACCOUNTING POLICIES

Going concern
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.

The financial statements have been prepared on a going concern basis. The company is dependant upon the continuing support of the directors.

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 etc - 25% on reducing balance and 20% on reducing balance

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 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

LEIGH FARM LIMITED (REGISTERED NUMBER: 09381906)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2022 304,305 148,857 453,162
Additions 8,000 27,445 35,445
Disposals (179,754 ) (18,000 ) (197,754 )
At 31 March 2023 132,551 158,302 290,853
DEPRECIATION
At 1 April 2022 227,479 99,652 327,131
Charge for year 8,199 16,631 24,830
Eliminated on disposal (135,924 ) (7,875 ) (143,799 )
At 31 March 2023 99,754 108,408 208,162
NET BOOK VALUE
At 31 March 2023 32,797 49,894 82,691
At 31 March 2022 76,826 49,205 126,031

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 4,674 6,661

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 11,600 11,600
Trade creditors - 2,999
Other creditors 497,657 494,656
509,257 509,255

Other creditors include Directors' Loan Accounts totalling £492,157 (2022- £489,157).

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 69,600 81,200

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 23,200 34,800

LEIGH FARM LIMITED (REGISTERED NUMBER: 09381906)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 81,200 92,800

9. ULTIMATE CONTROLLING PARTY

The controlling party is R A Leigh.

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
LEIGH FARM LIMITED

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 Leigh Farm Limited for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of 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 Board of Directors of Leigh Farm Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Leigh Farm Limited and state those matters that we have agreed to state to the Board of Directors of Leigh Farm Limited, as a body, 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 Leigh Farm Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Leigh Farm Limited 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 loss of Leigh Farm Limited. You consider that Leigh Farm Limited 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 Leigh Farm Limited. 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.






Stone Osmond Limited
75 Bournemouth Road
Chandlers Ford
Eastleigh
Hampshire
SO53 3AP


Date: .............................................