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Company Registration No. 8611623 (England and Wales)
The Farm (Bristol) Limited Unaudited accounts for the year ended 31 December 2023
The Farm (Bristol) Limited Unaudited accounts Contents
Page
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The Farm (Bristol) Limited Company Information for the year ended 31 December 2023
Director
Jennifer Nicholls
Company Number
8611623 (England and Wales)
Registered Office
12 KINGS ROAD CLIFTON BRISTOL AVON BS8 4AB
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The Farm (Bristol) Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,892 
13,991 
Current assets
Inventories
1,850 
1,965 
Debtors
5,728 
6,183 
Cash at bank and in hand
641 
2,695 
8,219 
10,843 
Creditors: amounts falling due within one year
(21,333)
(19,998)
Net current liabilities
(13,114)
(9,155)
Net (liabilities)/assets
(1,222)
4,836 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(1,322)
4,736 
Shareholders' funds
(1,222)
4,836 
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 September 2024 and were signed on its behalf by
Jennifer Nicholls Director Company Registration No. 8611623
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The Farm (Bristol) Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
The Farm (Bristol) Limited is a private company, limited by shares, registered in England and Wales, registration number 8611623. The registered office is 12 KINGS ROAD, CLIFTON, BRISTOL, AVON, BS8 4AB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the invoiced sale of goods.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Fixtures & fittings
15% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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The Farm (Bristol) Limited Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
10,521 
25,003 
35,524 
At 31 December 2023
10,521 
25,003 
35,524 
Depreciation
At 1 January 2023
7,957 
13,576 
21,533 
Charge for the year
385 
1,714 
2,099 
At 31 December 2023
8,342 
15,290 
23,632 
Net book value
At 31 December 2023
2,179 
9,713 
11,892 
At 31 December 2022
2,564 
11,427 
13,991 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,678 
2,133 
Other debtors
4,050 
4,050 
5,728 
6,183 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
(625)
420 
Other creditors
939 
971 
Loans from directors
18,246 
17,950 
Accruals
2,773 
657 
21,333 
19,998 
7
Operating lease commitments
2023 
2022 
£ 
£ 
At 31 December 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
16,200 
16,200 
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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