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REGISTERED NUMBER: 05895606 (England and Wales)















Unaudited Financial Statements

for the Period 27 February 2023 to 31 March 2024

for

Fisher Farming Limited

Fisher Farming Limited (Registered number: 05895606)






Contents of the Financial Statements
for the Period 27 February 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Fisher Farming Limited

Company Information
for the Period 27 February 2023 to 31 March 2024







DIRECTORS: Mr R P Fisher
Mrs M R Fisher
Mr T P Fisher





SECRETARY: Mrs M R Fisher





REGISTERED OFFICE: Smalmstown Farm
Longtown
Carlisle
Cumbria
CA6 5LH





REGISTERED NUMBER: 05895606 (England and Wales)





ACCOUNTANTS: Benson Accountants
Wiza House
Station Road
Wigton
Cumbria
CA7 9BA

Fisher Farming Limited (Registered number: 05895606)

Balance Sheet
31 March 2024

31.3.24 26.2.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 185,934 -

CURRENT ASSETS
Stocks 4,768,925 -
Debtors 5 214,298 74,884
Cash at bank 5,986 2,673
4,989,209 77,557
CREDITORS
Amounts falling due within one year 6 5,005,391 15,816
NET CURRENT (LIABILITIES)/ASSETS (16,182 ) 61,741
TOTAL ASSETS LESS CURRENT LIABILITIES 169,752 61,741

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 168,752 60,741
SHAREHOLDERS' FUNDS 169,752 61,741

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

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

Fisher Farming Limited (Registered number: 05895606)

Balance Sheet - continued
31 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 18 July 2024 and were signed on its behalf by:




Mr R P Fisher - Director Mrs M R Fisher - Director




Mr T P Fisher - Director


Fisher Farming Limited (Registered number: 05895606)

Notes to the Financial Statements
for the Period 27 February 2023 to 31 March 2024

1. STATUTORY INFORMATION

Fisher Farming 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.

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 period 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 period 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 period was 3 (2023 - 2 ) .

Fisher Farming Limited (Registered number: 05895606)

Notes to the Financial Statements - continued
for the Period 27 February 2023 to 31 March 2024

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 185,934
At 31 March 2024 185,934
NET BOOK VALUE
At 31 March 2024 185,934

The investment is a capital account in a trading partnership.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 26.2.23
£    £   
Trade debtors 170,421 -
Other debtors 43,877 74,884
214,298 74,884

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 26.2.23
£    £   
Trade creditors 181,944 -
Other creditors 4,823,447 15,816
5,005,391 15,816

7. RELATED PARTY DISCLOSURES

During the year, the directors lent the company monies. At the year end, the company owed the directors £8,001 (2023 - £4,550). This loan is interest free, unsecured and repayable on demand.

The directors are also partners in the partnership, Messrs Fisher. During the year the partnership lent the company monies. At the year end, the company owed the partnership, £4,814,236 (2023 - £10,051) which is reflected in other creditors. This loan is interest free, unsecured and repayable on demand.