Registered number: 13954938
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Murrell Hill Farm Limited
Financial statements
Information for filing with the registrar
31 March 2024
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Murrell Hill Farm Limited
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Balance sheet
At 31 March 2024
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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1
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Murrell Hill Farm Limited
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Balance sheet (continued)
At 31 March 2024
The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 14 November 2024.
Registered number: 13954938
The notes on pages 3 to 5 form part of these financial statements.
2
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Murrell Hill Farm Limited
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Notes to the financial statements
Year ended 31 March 2024
The company is a private company limited by shares, incorporated and domiciled in the United Kingdom. The address of the registered office is Hub 1 The Innovation Centre, Venture Court, Queens Meadow Business Park, Hartlepool, TS25 5TG.
2.Accounting policies
The financial statements have been prepared in accordance with Section 1A of Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic
of Ireland' (FRS 102) and the Companies Act 2006.
The following principal accounting policies have been applied:
Investment property is carried at fair value determined annually by external valuers or a director, and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.
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.
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The average monthly number of employees, including directors, during the year was 2 (2023: 2)
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3
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Murrell Hill Farm Limited
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Notes to the financial statements
Year ended 31 March 2024
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Investments in subsidiary companies
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Freehold investment property
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No formal valuations were made in 2024, the directors are satisfied that the carrying value at the year end was consistent with their assessment of market value.
4
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Murrell Hill Farm Limited
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Notes to the financial statements
Year ended 31 March 2024
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Creditors: amounts falling due within one year
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Accruals and deferred income
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5
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