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REGISTERED NUMBER: 09845319 (England and Wales)

















Unaudited Financial Statements

for the Period

1 November 2022 to 30 November 2023

for

Stan Evans Farms Limited

Stan Evans Farms Limited (Registered number: 09845319)






Contents of the Financial Statements
for the Period 1 November 2022 to 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Stan Evans Farms Limited

Company Information
for the Period 1 November 2022 to 30 November 2023







DIRECTOR: S E K Evans





SECRETARY: S E K Evans





REGISTERED OFFICE: 21 Gold Tops
Newport
South Wales
NP20 4PG





REGISTERED NUMBER: 09845319 (England and Wales)





ACCOUNTANTS: Guilfoyle Sage LLP
21 Gold Tops
Newport
South Wales
NP20 4PG

Stan Evans Farms Limited (Registered number: 09845319)

Balance Sheet
30 November 2023

30.11.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 621,679 513,031

CURRENT ASSETS
Stocks 6 76,050 106,450
Debtors 7 54,837 28,493
Cash at bank and in hand 375 518
131,262 135,461
CREDITORS
Amounts falling due within one year 8 353,782 337,486
NET CURRENT LIABILITIES (222,520 ) (202,025 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

399,159

311,006

CREDITORS
Amounts falling due after more than one
year

9

(246,840

)

(204,162

)

PROVISIONS FOR LIABILITIES (23,368 ) (23,368 )
NET ASSETS 128,951 83,476

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 128,851 83,376
SHAREHOLDERS' FUNDS 128,951 83,476

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2023 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.

Stan Evans Farms Limited (Registered number: 09845319)

Balance Sheet - continued
30 November 2023


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 29 November 2024 and were signed by:





S E K Evans - Director


Stan Evans Farms Limited (Registered number: 09845319)

Notes to the Financial Statements
for the Period 1 November 2022 to 30 November 2023

1. STATUTORY INFORMATION

Stan Evans 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.

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


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 or, if held under a finance lease, over the lease term, whichever is the shorter.

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.


Stan Evans Farms Limited (Registered number: 09845319)

Notes to the Financial Statements - continued
for the Period 1 November 2022 to 30 November 2023

3. 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 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

Stan Evans Farms Limited (Registered number: 09845319)

Notes to the Financial Statements - continued
for the Period 1 November 2022 to 30 November 2023

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2022 80,523 621,010 701,533
Additions - 190,800 190,800
At 30 November 2023 80,523 811,810 892,333
DEPRECIATION
At 1 November 2022 34,393 154,109 188,502
Charge for period 8,051 74,101 82,152
At 30 November 2023 42,444 228,210 270,654
NET BOOK VALUE
At 30 November 2023 38,079 583,600 621,679
At 31 October 2022 46,130 466,901 513,031

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:

Plant and
machinery
etc
£   
COST
At 1 November 2022 594,328
Additions 173,000
At 30 November 2023 767,328
DEPRECIATION
At 1 November 2022 143,433
Charge for period 71,433
At 30 November 2023 214,866
NET BOOK VALUE
At 30 November 2023 552,462
At 31 October 2022 450,895

Stan Evans Farms Limited (Registered number: 09845319)

Notes to the Financial Statements - continued
for the Period 1 November 2022 to 30 November 2023

6. STOCKS
30.11.23 31.10.22
£    £   
Stocks 76,050 106,450

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 31.10.22
£    £   
Trade debtors 9,898 9,898
Other debtors 44,939 18,595
54,837 28,493

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 31.10.22
£    £   
Bank loans and overdrafts 11,616 15,644
Hire purchase contracts and finance leases 105,158 86,526
Trade creditors 65,139 87,415
Amounts owed to group undertakings 119,846 140,265
Other creditors 52,023 7,636
353,782 337,486

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.11.23 31.10.22
£    £   
Bank loans 28,248 35,185
Hire purchase contracts and finance leases 218,592 168,977
246,840 204,162

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 31.10.22
value: £    £   
100 Ordinary 1 100 100