IRIS Accounts Production v24.1.0.578 06900349 Board of Directors Board of Directors Board of Directors 1.8.22 31.7.23 31.7.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh069003492022-07-31069003492023-07-31069003492022-08-012023-07-31069003492021-07-31069003492021-08-012022-07-31069003492022-07-3106900349ns15:EnglandWales2022-08-012023-07-3106900349ns14:PoundSterling2022-08-012023-07-3106900349ns10:Director12022-08-012023-07-3106900349ns10:Director22022-08-012023-07-3106900349ns10:Director32022-08-012023-07-3106900349ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3106900349ns10:SmallEntities2022-08-012023-07-3106900349ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3106900349ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3106900349ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3106900349ns10:AbridgedAccounts2022-08-012023-07-310690034912022-08-012023-07-3106900349ns10:RegisteredOffice2022-08-012023-07-3106900349ns5:CurrentFinancialInstruments2023-07-3106900349ns5:CurrentFinancialInstruments2022-07-3106900349ns5:Non-currentFinancialInstruments2023-07-3106900349ns5:Non-currentFinancialInstruments2022-07-3106900349ns5:ShareCapital2023-07-3106900349ns5:ShareCapital2022-07-3106900349ns5:RetainedEarningsAccumulatedLosses2023-07-3106900349ns5:RetainedEarningsAccumulatedLosses2022-07-3106900349ns5:NetGoodwill2022-08-012023-07-3106900349ns5:OwnedOrFreeholdAssetsns5:LandBuildings2022-08-012023-07-3106900349ns5:PlantMachinery2022-08-012023-07-3106900349ns5:MotorVehicles2022-08-012023-07-31
REGISTERED NUMBER: 06900349 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 July 2023

for

CWRT HENRI FARMS LTD

CWRT HENRI FARMS LTD (REGISTERED NUMBER: 06900349)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


CWRT HENRI FARMS LTD

Company Information
for the Year Ended 31 July 2023







DIRECTORS: K T R Hughes
Mrs L M Hughes
J E Hughes





REGISTERED OFFICE: 18 High Street
Llandovery
Carmarthenshire
SA20 0PU





REGISTERED NUMBER: 06900349 (England and Wales)





ACCOUNTANTS: Ashmole & Co
18 High Street
Llandovery
CARMARTHENSHIRE
SA20 0PU

CWRT HENRI FARMS LTD (REGISTERED NUMBER: 06900349)

Abridged Balance Sheet
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 982,960 879,675
Investments 6 10 10
982,970 879,685

CURRENT ASSETS
Stocks 653,350 748,330
Debtors 267,386 316,030
Cash at bank 370,894 133,567
1,291,630 1,197,927
CREDITORS
Amounts falling due within one year 394,553 367,422
NET CURRENT ASSETS 897,077 830,505
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,880,047

1,710,190

CREDITORS
Amounts falling due after more than one
year

(236,438

)

(228,354

)

PROVISIONS FOR LIABILITIES (79,956 ) (51,566 )
NET ASSETS 1,563,653 1,430,270

CAPITAL AND RESERVES
Called up share capital 500 500
Retained earnings 1,563,153 1,429,770
SHAREHOLDERS' FUNDS 1,563,653 1,430,270

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

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

CWRT HENRI FARMS LTD (REGISTERED NUMBER: 06900349)

Abridged Balance Sheet - continued
31 July 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 March 2024 and were signed on its behalf by:




K T R Hughes - Director J E Hughes - Director




Mrs L M Hughes - Director


CWRT HENRI FARMS LTD (REGISTERED NUMBER: 06900349)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Cwrt Henri Farms Ltd 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
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.

Sps entitlements
SPS Entitlements, being the amount paid in connection with the business in 2009 has been amortised evenly over its estimated useful life of 4 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Investments in associates
Investments in associate undertakings are recognised at cost.

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 Statement of Income and Retained Earnings, 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.

CWRT HENRI FARMS LTD (REGISTERED NUMBER: 06900349)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

2. ACCOUNTING POLICIES - continued

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.

Livestock
Livestock considered to be the herd is recognised at market value as a current asset within the financial statements. The difference between market value and historic cost is adjusted for corporation tax purposes in accordance with fair value recognition of the herd.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2022
and 31 July 2023 118,180
AMORTISATION
At 1 August 2022
and 31 July 2023 118,180
NET BOOK VALUE

At 31 July 2023 -
At 31 July 2022 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2022 1,296,549
Additions 270,013
Disposals (167,800 )
At 31 July 2023 1,398,762
DEPRECIATION
At 1 August 2022 416,874
Charge for year 113,067
Eliminated on disposal (114,139 )
At 31 July 2023 415,802
NET BOOK VALUE
At 31 July 2023 982,960
At 31 July 2022 879,675

CWRT HENRI FARMS LTD (REGISTERED NUMBER: 06900349)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 August 2022
and 31 July 2023 10
NET BOOK VALUE
At 31 July 2023 10
At 31 July 2022 10

Cwrt Henri Farms Limited holds 10 Ordinary B shares in J E & A C Hughes Cyf.
Cwrt Henri Farms Ltd does not have a significant influence over the financial and operating policy decisions of J E & A C Hughes Cyf.

7. RELATED PARTY DISCLOSURES

The controlling party is J E Hughes.

J E Hughes is a director and 45% shareholder of J E & A C Hughes Cyf. All transactions between the companies are undertaken at market value and made in the normal course of business.