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REGISTERED NUMBER: 10009891 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Ash Copse Farm Limited

Ash Copse Farm Limited (Registered number: 10009891)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ash Copse Farm Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: L J Nicholson





SECRETARY:





REGISTERED OFFICE: 52 Smithbrook Kilns
Cranleigh
Surrey
GU6 8JJ





REGISTERED NUMBER: 10009891 (England and Wales)





ACCOUNTANTS: Bernard Brace FCCA
52 Smithbrook Kilns
Cranleigh
Surrey
GU6 8JJ

Ash Copse Farm Limited (Registered number: 10009891)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 150,080 148,989

CURRENT ASSETS
Stocks 18,919 20,090
Debtors 5 73,076 74,718
Cash at bank and in hand 175,820 108,421
267,815 203,229
CREDITORS
Amounts falling due within one year 6 312,648 255,870
NET CURRENT LIABILITIES (44,833 ) (52,641 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

105,247

96,348

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 105,147 96,248
105,247 96,348

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

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:





L J Nicholson - Director


Ash Copse Farm Limited (Registered number: 10009891)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Ash Copse Farm 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.
Freehold property - 2% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance

Stocks
Stocks are valued at purchase price plus attributable costs.

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 1 (2023 - 1 ) .

Ash Copse Farm Limited (Registered number: 10009891)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 March 2023 129,439 44,629 6,002 180,070
Additions - 10,214 - 10,214
At 29 February 2024 129,439 54,843 6,002 190,284
DEPRECIATION
At 1 March 2023 4,126 25,816 1,139 31,081
Charge for year 2,589 5,805 729 9,123
At 29 February 2024 6,715 31,621 1,868 40,204
NET BOOK VALUE
At 29 February 2024 122,724 23,222 4,134 150,080
At 28 February 2023 125,313 18,813 4,863 148,989

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 64,044 62,000
Other debtors 9,032 12,718
73,076 74,718

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 3,550 (1 )
Taxation and social security 1,290 2,865
Other creditors 307,808 253,006
312,648 255,870