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REGISTERED NUMBER: 00725257 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 September 2023

for

RED HORN FARM LIMITED

RED HORN FARM LIMITED (REGISTERED NUMBER: 00725257)

Contents of the Financial Statements
for the year ended 30 September 2023










Page

Balance Sheet 1

Notes to the Financial Statements 2


RED HORN FARM LIMITED (REGISTERED NUMBER: 00725257)

Balance Sheet
30 September 2023

30/9/23 30/9/22
Notes £ £ £ £
Fixed assets
Investments 4 4,541,036 -

Current assets
Debtors 5 1,056,017 5,596,608
Cash at bank 42,154 1,788
1,098,171 5,598,396
Creditors
Amounts falling due within one year 6 10,285 -
Net current assets 1,087,886 5,598,396
Total assets less current liabilities 5,628,922 5,598,396

Capital and reserves
Called up share capital 2,432 2,432
Other reserves 7 1,270 1,270
Retained earnings 7 5,625,220 5,594,694
5,628,922 5,598,396

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 6 March 2024 and were signed on its behalf by:




S J H Collins - Director


RED HORN FARM LIMITED (REGISTERED NUMBER: 00725257)

Notes to the Financial Statements
for the year ended 30 September 2023


1. Statutory information

Red Horn Farm Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 00725257

Registered office: 3 Danebrook Court
Langford Lane
Kidlington
Oxfordshire
OX5 1LQ

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 as modified by the revaluation of certain assets.

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.

Going concern
The directors have made an assessment of the company's ability to continue as a going concern and have identified no material uncertainties that may cast a significant doubt on the ability of the company to continue as a going concern for the foreseeable future.

3. Employees and directors

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

RED HORN FARM LIMITED (REGISTERED NUMBER: 00725257)

Notes to the Financial Statements - continued
for the year ended 30 September 2023


4. Fixed asset investments
Other
investments
£
Cost or valuation
Additions 5,078,071
Disposals (490,357 )
Revaluations (46,678 )
At 30 September 2023 4,541,036
Net book value
At 30 September 2023 4,541,036

Cost or valuation at 30 September 2023 is represented by:

Other
investments
£
Valuation in 2023 (46,677 )
Cost 4,587,713
4,541,036

5. Debtors: amounts falling due within one year
30/9/23 30/9/22
£ £
Amounts owed by group undertakings 1,056,017 5,596,608

6. Creditors: amounts falling due within one year
30/9/23 30/9/22
£ £
Taxation and social security 10,285 -

7. Reserves
Retained Other
earnings reserves Totals
£ £ £

At 1 October 2022 5,594,694 1,270 5,595,964
Profit for the year 30,526 30,526
At 30 September 2023 5,625,220 1,270 5,626,490

8. Ultimate controlling party

The controlling party is Trustees of S J H Collins 1996Discretionary Trust.