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REGISTERED NUMBER: 04582835 (England and Wales)















Unaudited Financial Statements For The Year Ended 30 November 2023

for

J & S White Farms Limited

J & S White Farms Limited (Registered number: 04582835)

Contents of the Financial Statements
For The Year Ended 30 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J & S White Farms Limited

Company Information
For The Year Ended 30 November 2023







DIRECTOR: Mr J M White





SECRETARY: Mrs S White





REGISTERED OFFICE: 7 Billing Road
Northampton
NORTHAMPTONSHIRE
NN1 5AN





REGISTERED NUMBER: 04582835 (England and Wales)





ACCOUNTANTS: Harris & Clarke LLP
7 Billing Road
Northampton
NORTHAMPTONSHIRE
NN1 5AN

J & S White Farms Limited (Registered number: 04582835)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,556 10,556
Tangible assets 5 1,058,936 1,075,750
Investments 6 16 16
1,069,508 1,086,322

CURRENT ASSETS
Stocks 207,325 228,590
Debtors 7 21,507 23,109
Cash at bank 1,850 9,478
230,682 261,177
CREDITORS
Amounts falling due within one year 8 128,782 142,174
NET CURRENT ASSETS 101,900 119,003
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,171,408

1,205,325

CREDITORS
Amounts falling due after more than one year 9 (310,107 ) (329,196 )

PROVISIONS FOR LIABILITIES (2,025 ) (3,622 )
NET ASSETS 859,276 872,507

J & S White Farms Limited (Registered number: 04582835)

Balance Sheet - continued
30 November 2023

2023 2022
Notes £    £    £    £   

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 859,275 872,506
859,276 872,507

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 31 August 2024 and were signed by:





Mr J M White - Director


J & S White Farms Limited (Registered number: 04582835)

Notes to the Financial Statements
For The Year Ended 30 November 2023


1. STATUTORY INFORMATION

J & S White Farms 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Entitlements
Purchased entitlements are shown at cost . After initial recognition, emtitlements are measured at cost and any accumulated impairment losses. No provision is made for amortisation.

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, 20% on reducing balance and 10% on 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.

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.

J & S White Farms Limited (Registered number: 04582835)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2023


3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 December 2022
and 30 November 2023 10,556
NET BOOK VALUE
At 30 November 2023 10,556
At 30 November 2022 10,556

Intangible fixed assets consist of purchased entitlements.

5. TANGIBLE FIXED ASSETS
Freehold Improvements
land and to Plant and Motor
buildings property machinery vehicles Totals
£    £    £    £    £   
COST
At 1 December 2022
and 30 November 2023 931,446 135,163 96,525 19,500 1,182,634
DEPRECIATION
At 1 December 2022 - 13,516 76,233 17,135 106,884
Charge for year - 12,165 4,058 591 16,814
At 30 November 2023 - 25,681 80,291 17,726 123,698
NET BOOK VALUE
At 30 November 2023 931,446 109,482 16,234 1,774 1,058,936
At 30 November 2022 931,446 121,647 20,292 2,365 1,075,750

6. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 1 15 16
NET BOOK VALUE
At 30 November 2023 1 15 16
At 30 November 2022 1 15 16

J & S White Farms Limited (Registered number: 04582835)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2023


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 2,243
Amounts owed by group undertakings 6,444 4,078
Other debtors 15,063 16,788
21,507 23,109

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 17,900 17,275
Trade creditors 23,478 22,371
Other creditors 87,404 102,528
128,782 142,174

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 310,107 329,196

10. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 328,007 346,471