IRIS Accounts Production v24.3.0.553 00648181 Board of Directors Board of Directors 5.4.23 4.4.24 4.4.24 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh006481812023-04-04006481812024-04-04006481812023-04-052024-04-04006481812022-04-04006481812022-04-052023-04-04006481812023-04-0400648181ns15:EnglandWales2023-04-052024-04-0400648181ns14:PoundSterling2023-04-052024-04-0400648181ns10:Director12023-04-052024-04-0400648181ns10:Director22023-04-052024-04-0400648181ns10:PrivateLimitedCompanyLtd2023-04-052024-04-0400648181ns10:SmallEntities2023-04-052024-04-0400648181ns10:AuditExempt-NoAccountantsReport2023-04-052024-04-0400648181ns10:SmallCompaniesRegimeForDirectorsReport2023-04-052024-04-0400648181ns10:SmallCompaniesRegimeForAccounts2023-04-052024-04-0400648181ns10:FullAccounts2023-04-052024-04-0400648181ns10:OrdinaryShareClass12023-04-052024-04-0400648181ns10:RegisteredOffice2023-04-052024-04-0400648181ns5:CurrentFinancialInstruments2024-04-0400648181ns5:CurrentFinancialInstruments2023-04-0400648181ns5:ShareCapital2024-04-0400648181ns5:ShareCapital2023-04-0400648181ns5:RetainedEarningsAccumulatedLosses2024-04-0400648181ns5:RetainedEarningsAccumulatedLosses2023-04-0400648181ns5:OwnedOrFreeholdAssetsns5:LandBuildings2023-04-052024-04-0400648181ns5:PlantMachinery2023-04-052024-04-0400648181ns5:MotorVehicles2023-04-052024-04-0400648181ns5:LandBuildings2023-04-0400648181ns5:PlantMachinery2023-04-0400648181ns5:MotorVehicles2023-04-0400648181ns5:LandBuildings2023-04-052024-04-0400648181ns5:LandBuildings2024-04-0400648181ns5:PlantMachinery2024-04-0400648181ns5:MotorVehicles2024-04-0400648181ns5:LandBuildings2023-04-0400648181ns5:PlantMachinery2023-04-0400648181ns5:MotorVehicles2023-04-0400648181ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-0400648181ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-0400648181ns10:OrdinaryShareClass12024-04-04
REGISTERED NUMBER: 00648181 (England and Wales)















BROOKFIELDS FARM LTD

FINANCIAL STATEMENTS FOR THE YEAR ENDED 4 APRIL 2024






BROOKFIELDS FARM LTD (REGISTERED NUMBER: 00648181)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 4 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BROOKFIELDS FARM LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 4 APRIL 2024







DIRECTORS: W P Calvert
Mrs K Calvert





REGISTERED OFFICE: The Workshop, Suite 5 Cherrytree
Union Road
Sheffield
S11 9EF





REGISTERED NUMBER: 00648181 (England and Wales)





ACCOUNTANTS: Duncan Chartered Accountants
5 Cherrytree
Union Road
Sheffield
South Yorkshire
S11 9EF

BROOKFIELDS FARM LTD (REGISTERED NUMBER: 00648181)

BALANCE SHEET
4 APRIL 2024

4.4.24 4.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 185,034 203,893

CURRENT ASSETS
Stocks 6,040 65,277
Debtors 5 741 19,138
Investments 6 1,157 1,157
7,938 85,572
CREDITORS
Amounts falling due within one year 7 261,399 308,099
NET CURRENT LIABILITIES (253,461 ) (222,527 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(68,427

)

(18,634

)

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (68,527 ) (18,734 )
SHAREHOLDERS' FUNDS (68,427 ) (18,634 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 4 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 4 April 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.

BROOKFIELDS FARM LTD (REGISTERED NUMBER: 00648181)

BALANCE SHEET - continued
4 APRIL 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 30 October 2024 and were signed on its behalf by:




W P Calvert - Director



Mrs K Calvert - Director


BROOKFIELDS FARM LTD (REGISTERED NUMBER: 00648181)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 4 APRIL 2024


1. STATUTORY INFORMATION

Brookfields 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Freehold property - not provided
Plant and machinery - 20% on cost
Motor vehicles - 20% on reducing balance

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.


BROOKFIELDS FARM LTD (REGISTERED NUMBER: 00648181)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 4 APRIL 2024


2. ACCOUNTING POLICIES - continued
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 NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 5 April 2023 151,569 63,299 12,500 227,368
Additions - 1,625 - 1,625
At 4 April 2024 151,569 64,924 12,500 228,993
DEPRECIATION
At 5 April 2023 - 18,475 5,000 23,475
Charge for year - 12,984 - 12,984
Eliminated on disposal - - 7,500 7,500
At 4 April 2024 - 31,459 12,500 43,959
NET BOOK VALUE
At 4 April 2024 151,569 33,465 - 185,034
At 4 April 2023 151,569 44,824 7,500 203,893

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
4.4.24 4.4.23
£    £   
Trade debtors - 3,935
Other debtors 741 15,203
741 19,138

BROOKFIELDS FARM LTD (REGISTERED NUMBER: 00648181)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 4 APRIL 2024


6. CURRENT ASSET INVESTMENTS
4.4.24 4.4.23
£    £   
Listed investments 1,157 1,157

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
4.4.24 4.4.23
£    £   
Directors' current accounts 260,148 306,847
Accrued expenses 1,251 1,252
261,399 308,099

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 4.4.24 4.4.23
value: £    £   
100 Ordinary 1 100 100

9. GOING CONCERN

These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period