IRIS Accounts Production v24.3.0.553 00538726 director 1.2.23 31.1.24 31.1.24 0 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh005387262023-01-31005387262024-01-31005387262023-02-012024-01-31005387262022-01-31005387262022-02-012023-01-31005387262023-01-3100538726ns15:EnglandWales2023-02-012024-01-3100538726ns14:PoundSterling2023-02-012024-01-3100538726ns10:Director12023-02-012024-01-3100538726ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3100538726ns10:SmallEntities2023-02-012024-01-3100538726ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3100538726ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3100538726ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3100538726ns10:FullAccounts2023-02-012024-01-3100538726ns10:OrdinaryShareClass12023-02-012024-01-3100538726ns10:OrdinaryShareClass22023-02-012024-01-3100538726ns10:OrdinaryShareClass32023-02-012024-01-3100538726ns10:RegisteredOffice2023-02-012024-01-3100538726ns5:CurrentFinancialInstruments2024-01-3100538726ns5:CurrentFinancialInstruments2023-01-3100538726ns5:Non-currentFinancialInstruments2024-01-3100538726ns5:Non-currentFinancialInstruments2023-01-3100538726ns5:ShareCapital2024-01-3100538726ns5:ShareCapital2023-01-3100538726ns5:SharePremium2024-01-3100538726ns5:SharePremium2023-01-3100538726ns5:RevaluationReserve2024-01-3100538726ns5:RevaluationReserve2023-01-3100538726ns5:CapitalRedemptionReserve2024-01-3100538726ns5:CapitalRedemptionReserve2023-01-3100538726ns5:RetainedEarningsAccumulatedLosses2024-01-3100538726ns5:RetainedEarningsAccumulatedLosses2023-01-3100538726ns5:PlantMachinery2023-02-012024-01-3100538726ns5:LandBuildings2023-01-3100538726ns5:PlantMachinery2023-01-3100538726ns5:LandBuildings2023-02-012024-01-3100538726ns5:LandBuildings2024-01-3100538726ns5:PlantMachinery2024-01-3100538726ns5:LandBuildings2023-01-3100538726ns5:PlantMachinery2023-01-3100538726ns5:CostValuation2023-01-3100538726ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3100538726ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-3100538726ns10:OrdinaryShareClass12024-01-3100538726ns10:OrdinaryShareClass22024-01-3100538726ns10:OrdinaryShareClass32024-01-3100538726ns5:RevaluationReserve2023-01-31
REGISTERED NUMBER: 00538726 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Roughton Farms Limited

Roughton Farms Limited (Registered number: 00538726)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Roughton Farms Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: P H Roughton





REGISTERED OFFICE: The Grange
Eaudyke Road
Friskney
Lincolnshire





REGISTERED NUMBER: 00538726 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Northgate House
Northgate
Sleaford
Lincolnshire
NG34 7BZ

Roughton Farms Limited (Registered number: 00538726)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 307,547 321,172
Investments 5 2,578,573 2,578,573
2,886,120 2,899,745

CURRENT ASSETS
Debtors 6 15,403 853
Cash at bank 218 734
15,621 1,587
CREDITORS
Amounts falling due within one year 7 26,109 30,787
NET CURRENT LIABILITIES (10,488 ) (29,200 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,875,632

2,870,545

CREDITORS
Amounts falling due after more than one
year

8

(165,697

)

(165,697

)

PROVISIONS FOR LIABILITIES (25,338 ) (26,802 )
NET ASSETS 2,684,597 2,678,046

CAPITAL AND RESERVES
Called up share capital 9 57,083 57,083
Share premium 15,688 15,688
Revaluation reserve 10 1,807,925 1,807,925
Capital redemption reserve 52,817 52,817
Retained earnings 751,084 744,533
SHAREHOLDERS' FUNDS 2,684,597 2,678,046

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

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

Roughton Farms Limited (Registered number: 00538726)

Balance Sheet - continued
31 January 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 director and authorised for issue on 30 October 2024 and were signed by:





P H Roughton - Director


Roughton Farms Limited (Registered number: 00538726)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Roughton 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.

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

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

Roughton Farms Limited (Registered number: 00538726)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023 302,000 130,079 432,079
Disposals - (50,349 ) (50,349 )
At 31 January 2024 302,000 79,730 381,730
DEPRECIATION
At 1 February 2023 - 110,907 110,907
Charge for year - 4,671 4,671
Eliminated on disposal - (41,395 ) (41,395 )
At 31 January 2024 - 74,183 74,183
NET BOOK VALUE
At 31 January 2024 302,000 5,547 307,547
At 31 January 2023 302,000 19,172 321,172

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 2,578,412 161 2,578,573
NET BOOK VALUE
At 31 January 2024 2,578,412 161 2,578,573
At 31 January 2023 2,578,412 161 2,578,573

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 693
Amounts owed by group undertakings 15,231 -
Other debtors 172 160
15,403 853

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,145 8,798
Taxation and social security 8,227 7,094
Other creditors 15,737 14,895
26,109 30,787

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 165,697 165,697

Roughton Farms Limited (Registered number: 00538726)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 165,697 165,697

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
25,133 Ordinary A £1 25,133 25,133
27,450 Ordinary B £1 27,450 27,450
4,500 Ordinary C £1 4,500 4,500
57,083 57,083

10. RESERVES
Revaluation
reserve
£   
At 1 February 2023
and 31 January 2024 1,807,925