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REGISTERED NUMBER: 02491110 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

SIDFORD FARMS LIMITED

SIDFORD FARMS LIMITED (REGISTERED NUMBER: 02491110)

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


SIDFORD FARMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: V E Sidford
Mrs L G Stokes
Mrs L A Elkins





SECRETARY: Mrs L G Stokes





REGISTERED OFFICE: 25 St Thomas Street
Winchester
Hampshire
SO23 9HJ





REGISTERED NUMBER: 02491110 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

SIDFORD FARMS LIMITED (REGISTERED NUMBER: 02491110)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,111,774 2,110,311
Investments 5 - 97,492
2,111,774 2,207,803

CURRENT ASSETS
Debtors 6 34,083 25,750
Investments 7 780,472 823,156
Cash at bank 126,824 70,843
941,379 919,749
CREDITORS
Amounts falling due within one year 8 15,636 172,503
NET CURRENT ASSETS 925,743 747,246
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,037,517

2,955,049

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 3,037,417 2,954,949
SHAREHOLDERS' FUNDS 3,037,517 2,955,049

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.

SIDFORD FARMS LIMITED (REGISTERED NUMBER: 02491110)

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 12th November 2024 and were signed on its behalf by:





V E Sidford - Director


SIDFORD FARMS LIMITED (REGISTERED NUMBER: 02491110)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024


1. STATUTORY INFORMATION

Sidford 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.
Land and buildings - nil
Plant and machinery etc - 20% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

SIDFORD FARMS LIMITED (REGISTERED NUMBER: 02491110)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st April 2023 2,044,798 65,513 2,110,311
Additions - 1,626 1,626
At 31st March 2024 2,044,798 67,139 2,111,937
DEPRECIATION
Charge for year - 163 163
At 31st March 2024 - 163 163
NET BOOK VALUE
At 31st March 2024 2,044,798 66,976 2,111,774
At 31st March 2023 2,044,798 65,513 2,110,311

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st April 2023 97,492
Disposals (97,492 )
At 31st March 2024 -
NET BOOK VALUE
At 31st March 2024 -
At 31st March 2023 97,492

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,085 456
Other debtors 28,998 25,294
34,083 25,750

SIDFORD FARMS LIMITED (REGISTERED NUMBER: 02491110)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Tytherington Water Company Ltd 1 1
HMOT SC Ltd 494,728 494,729
Tytherington Down LLP 285,728 328,411
Trade investments 15 15
780,472 823,156

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 149,975
Trade creditors 7,122 1,440
Taxation and social security 6,892 14,013
Other creditors 1,622 7,075
15,636 172,503

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
98 Ordinary A 1 98 98
2 Ordinary B 1 2 2
100 100

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2024 and 31st March 2023:

2024 2023
£    £   
V E Sidford
Balance outstanding at start of year 22,840 22,749
Amounts advanced 29,158 27,251
Amounts repaid (25,772 ) (27,160 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 26,226 22,840