Croft Farm Wheathampstead Limited 01382124 provision of boarding kennels, stabling and a cattery false 1 March 2023 01382124 2023-03-01 2024-02-29 01382124 2023-02-28 01382124 2024-02-29 01382124 2022-03-01 2023-02-28 01382124 2022-02-28 01382124 2023-02-28 01382124 frs102-bus:FRS102 2023-03-01 2024-02-29 01382124 frs102-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 01382124 frs102-bus:FullAccounts 2023-03-01 2024-02-29 01382124 frs102-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 01382124 frs102-core:CurrentFinancialInstruments 2024-02-29 01382124 frs102-core:CurrentFinancialInstruments 2023-02-28 01382124 frs102-core:Non-currentFinancialInstruments 2024-02-29 01382124 frs102-core:Non-currentFinancialInstruments 2023-02-28 01382124 frs102-core:ShareCapital 2024-02-29 01382124 frs102-core:ShareCapital 2023-02-28 01382124 frs102-core:RetainedEarningsAccumulatedLosses 2024-02-29 01382124 frs102-core:RetainedEarningsAccumulatedLosses 2023-02-28 01382124 frs102-bus:Director1 2023-03-01 2024-02-29 01382124 frs102-core:Buildings 2023-03-01 2024-02-29 01382124 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2023-03-01 2024-02-29 01382124 frs102-core:Vehicles 2023-03-01 2024-02-29 01382124 frs102-core:Buildings 2023-02-28 01382124 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2023-02-28 01382124 frs102-core:Vehicles 2023-02-28 01382124 frs102-core:Buildings 2024-02-29 01382124 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2024-02-29 01382124 frs102-core:Vehicles 2024-02-29 01382124 frs102-core:Buildings 2023-02-28 01382124 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2023-02-28 01382124 frs102-core:Vehicles 2023-02-28 01382124 frs102-bus:OrdinaryShareClass1 2024-02-29 01382124 frs102-bus:OrdinaryShareClass1 2023-02-28 01382124 frs102-bus:OrdinaryShareClass1 2023-03-01 2024-02-29 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
01382124
Croft Farm Wheathampstead Limited
Unaudited Accounts
for the year ended
29 February 2024
Croft Farm Wheathampstead Limited
Balance Sheet
as at 29 February 2024
Notes
2024
£
2023
£
Fixed assets
Tangible assets 3 291,631 295,548
291,631 295,548
Current assets
Debtors 7,886 3,191
Cash at bank and in hand 7,590 44,595
15,476 47,786
Creditors: amounts falling due within one year (110,856) (123,333)
Net current assets / (liabilities) (95,380) (75,547)
Total assets less current liabilities 196,251 220,001
Creditors: amounts falling due after more than one year (10,750) (19,350)
Provisions for liabilities (30,371) (29,695)
Total net assets (liabilities) 155,130 170,956
Capital and reserves
Called up share capital 4 1,010 1,010
Profit and loss account 154,120 169,946
Shareholders' funds 155,130 170,956

Croft Farm Wheathampstead Limited
Balance Sheet
as at 29 February 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 29 February 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

A Reason

Director


Approved by the board on 29 July 2024

Company Number: 01382124 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Croft Farm
Cherry Tree Lane Wheathampstead
St. Albans
Hertfordshire
AL4 8HP

Croft Farm Wheathampstead Limited
Notes to the Accounts
for the year ended 29 February 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Buildings 4% Straight Line
Fixtures, fittings, tools & equipment 25% Reducing Balance
Vehicles 25% Reducing Balance
Deferred taxation
Taxation represents the sum of tax currently payable and deferred tax.
The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
2. Employees
2024 2023
Average number of employees during the period 10 4

3. Tangible fixed assets
Buildings Fixtures, fittings, tools & equipment Vehicles Total
Cost or valuation £ £ £ £
At 1 March 2023 405,344 135,447 10,675 551,466
Additions 0 25,524 0 25,524
At 29 February 2024 405,344 160,971 10,675 576,990
Depreciation
At 1 March 2023 147,992 97,441 10,485 255,918
Charge for the period 13,577 15,816 48 29,441
At 29 February 2024 161,569 113,257 10,533 285,359
Net book value
At 29 February 2024 243,775 47,714 142 291,631
At 28 February 2023 257,352 38,006 190 295,548

4. Share capital
2024 2023
£ £
Allotted, called up and fully paid:
3 (2023: 3) A Ordinary shares of £1.00 each 3 3
Allotted, called up and fully paid:
7 (2023: 7) B Ordinary shares of £1.00 each 7 7
Allotted, called up and fully paid:
1,000 (2023: 1,000) Ordinary shares of £1.00 each 1,000 1,000
1,010 1,010

Commitments, guarantees and contingencies

Notes

Capital pension lease and other financial commitments, guarantees and contingencies The company had no capital, pension, lease or other financial commitments, guarantees and contingencies at the 29 February 2024 (2023 - None).

6. Other information

Croft Farm Wheathampstead Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is Croft Farm, Cherry Tree Lane, Wheathampstead, Hertfordshire AL4 8HP.

The financial statements are presented in Sterling, which is the functional currency of the company.

For the two years ending on the 29 February 2024 Mrs T A Reason and her husband Mr A J Reason, the directors of the company controlled the company as they own 99% of the issued ordinary share capital.

The principal activities of the company in the year under review were the provision of boarding kennels and stabling and a cattery.