IRIS Accounts Production v24.2.0.383 11285127 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh112851272023-03-31112851272024-03-31112851272023-04-012024-03-31112851272022-03-31112851272022-04-012023-03-31112851272023-03-3111285127ns15:EnglandWales2023-04-012024-03-3111285127ns14:PoundSterling2023-04-012024-03-3111285127ns10:Director12023-04-012024-03-3111285127ns10:Director22023-04-012024-03-3111285127ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111285127ns10:SmallEntities2023-04-012024-03-3111285127ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111285127ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111285127ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111285127ns10:FullAccounts2023-04-012024-03-3111285127ns10:CompanySecretary12023-04-012024-03-3111285127ns10:RegisteredOffice2023-04-012024-03-3111285127ns5:CurrentFinancialInstruments2024-03-3111285127ns5:CurrentFinancialInstruments2023-03-3111285127ns5:Non-currentFinancialInstruments2024-03-3111285127ns5:Non-currentFinancialInstruments2023-03-3111285127ns5:ShareCapital2024-03-3111285127ns5:ShareCapital2023-03-3111285127ns5:RetainedEarningsAccumulatedLosses2024-03-3111285127ns5:RetainedEarningsAccumulatedLosses2023-03-3111285127ns5:PlantMachinery2023-04-012024-03-3111285127ns5:PlantMachinery2023-03-3111285127ns5:PlantMachinery2024-03-3111285127ns5:PlantMachinery2023-03-3111285127ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3111285127ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 11285127 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31st March 2024

for

Bambers Farm Ltd

Bambers Farm Ltd (Registered number: 11285127)

Contents of the Financial Statements
for the Year Ended 31st March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bambers Farm Ltd

Company Information
for the Year Ended 31st March 2024







DIRECTORS: Mr MJ Ayrton
Mrs K Ayrton





SECRETARY: Mrs K Ayrton





REGISTERED OFFICE: Bambers Farm
Moss Lane
Thurnham
Lancaster
Lancashire
LA2 0AX





REGISTERED NUMBER: 11285127 (England and Wales)





ACCOUNTANTS: Towers + Gornall Ltd
Chartered Certified Accountants
River View
96 High Street
Garstang
Preston
Lancashire
PR3 1WZ

Bambers Farm Ltd (Registered number: 11285127)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 569,038 625,651

CURRENT ASSETS
Stocks 1,112,232 1,145,607
Debtors 5 163,714 217,685
1,275,946 1,363,292
CREDITORS
Amounts falling due within one year 6 1,167,796 1,392,322
NET CURRENT ASSETS/(LIABILITIES) 108,150 (29,030 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

677,188

596,621

CREDITORS
Amounts falling due after more than one
year

7

(135,293

)

(83,816

)

PROVISIONS FOR LIABILITIES (138,845 ) (129,209 )
NET ASSETS 403,050 383,596

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 402,050 382,596
SHAREHOLDERS' FUNDS 403,050 383,596

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

Bambers Farm Ltd (Registered number: 11285127)

Balance Sheet - continued
31st March 2024


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 28th August 2024 and were signed on its behalf by:




Mr MJ Ayrton - Director



Mrs K Ayrton - Director


Bambers Farm Ltd (Registered number: 11285127)

Notes to the Financial Statements
for the Year Ended 31st March 2024


1. STATUTORY INFORMATION

Bambers Farm 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.

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 - 15% on cost and 15% on reducing balance

Stocks
Stocks are valued at cost.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 8 ) .

Bambers Farm Ltd (Registered number: 11285127)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2023 882,493
Additions 14,225
At 31st March 2024 896,718
DEPRECIATION
At 1st April 2023 256,842
Charge for year 70,838
At 31st March 2024 327,680
NET BOOK VALUE
At 31st March 2024 569,038
At 31st March 2023 625,651

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 148,447 198,531
Other debtors 15,267 19,154
163,714 217,685

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 234,460 119,008
Hire purchase contracts 22,682 41,805
Trade creditors 118,769 132,450
Other creditors 791,885 1,099,059
1,167,796 1,392,322

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 96,582 37,556
Hire purchase contracts 38,711 46,260
135,293 83,816

8. RELATED PARTY DISCLOSURES

As at 31 March 2024 the company owed £791,885 (2023 £1,099,059) to Mr & Mrs MJ Ayrton. No interest has been charged to the company in respect of this loan which is repayable on demand and is classified in creditors due within one year.