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REGISTERED NUMBER: 05656732 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Farrow & Wilsdon Limited

Farrow & Wilsdon Limited (Registered number: 05656732)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Farrow & Wilsdon Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: J P F Wilsdon
H Wilsdon





REGISTERED OFFICE: Creeksea Place Farm
Ferry Road
Burnham-On-Crouch
Essex
CM0 8PJ





REGISTERED NUMBER: 05656732 (England and Wales)





ACCOUNTANTS: Fisher Michael
The Old Grange
Warren Estate
Lordship Road
Writtle
Essex
CM1 3WT

Farrow & Wilsdon Limited (Registered number: 05656732)

Balance Sheet
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,883,425 3,125,342

CURRENT ASSETS
Stocks 104,096 160,954
Debtors 5 1,688,443 561,636
Cash at bank and in hand 1,332,822 1,016,094
3,125,361 1,738,684
CREDITORS
Amounts falling due within one year 6 389,313 11,185
NET CURRENT ASSETS 2,736,048 1,727,499
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,619,473

4,852,841

ACCRUALS AND DEFERRED INCOME 6,195 202,695
NET ASSETS 6,613,278 4,650,146

CAPITAL AND RESERVES
Called up share capital 560,280 560,280
Retained earnings 6,052,998 4,089,866
SHAREHOLDERS' FUNDS 6,613,278 4,650,146

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

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

Farrow & Wilsdon Limited (Registered number: 05656732)

Balance Sheet - continued
31 August 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 by the Board of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by:





J P F Wilsdon - Director


Farrow & Wilsdon Limited (Registered number: 05656732)

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

1. STATUTORY INFORMATION

Farrow & Wilsdon 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

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.

Significant judgements and estimates
No significant judgements or estimations have been applied in the preparation of the financial statements.

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
Tangible fixed assets are initially measured at cost. After initial recognition, tangible fixed assets are measured at cost less any accumulated depreciation and any accumulated impairment losses.

Depreciation is provided at the following annual rates, in order to write off each asset over its estimated useful life:

Freehold property - nil
Plant and machinery - 18% reducing balance

Investments in subsidiaries
Investments in subsidiary 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Fixed asset investments
Fixed asset investments are stated as historical cost less provision for any diminution in value.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

Farrow & Wilsdon Limited (Registered number: 05656732)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2022 2,376,125 963,347 3,339,472
Additions 299,544 282,394 581,938
Disposals (6,527 ) (3,500 ) (10,027 )
Reclassification/transfer - 949,194 949,194
At 31 August 2023 2,669,142 2,191,435 4,860,577
DEPRECIATION
At 1 September 2022 - 214,130 214,130
Charge for year - 177,286 177,286
Eliminated on disposal - (3,262 ) (3,262 )
Reclassification/transfer - 588,998 588,998
At 31 August 2023 - 977,152 977,152
NET BOOK VALUE
At 31 August 2023 2,669,142 1,214,283 3,883,425
At 31 August 2022 2,376,125 749,217 3,125,342

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 176,016 252,107
Other debtors 79,279 309,529
255,295 561,636

Amounts falling due after more than one year:
Other debtors 1,433,148 -

Aggregate amounts 1,688,443 561,636

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 21,526 4,800
Taxation and social security - 6,385
Other creditors 367,787 -
389,313 11,185

7. ULTIMATE CONTROLLING PARTY

The controlling party is J P F Wilsdon.