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REGISTERED NUMBER: 00468905 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Leech's Dairy Farm Limited

Leech's Dairy Farm Limited (Registered number: 00468905)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Leech's Dairy Farm Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: D Leech





REGISTERED OFFICE: Fir Lodge
41 Kirkby Lane
Woodhall Spa
Lincoln
LN10 6RZ





REGISTERED NUMBER: 00468905 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Northgate House
Northgate
Sleaford
Lincolnshire
NG34 7BZ

Leech's Dairy Farm Limited (Registered number: 00468905)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 604,391 598,280

CURRENT ASSETS
Debtors 5 316 831
Cash at bank 5,597 178
5,913 1,009
CREDITORS
Amounts falling due within one year 6 17,504 13,320
NET CURRENT LIABILITIES (11,591 ) (12,311 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

592,800

585,969

CREDITORS
Amounts falling due after more than one
year

7

377,000

365,000
NET ASSETS 215,800 220,969

CAPITAL AND RESERVES
Called up share capital 8 1,122 1,122
Capital redemption reserve 82,032 82,032
Retained earnings 132,646 137,815
SHAREHOLDERS' FUNDS 215,800 220,969

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 30 November 2024 and were signed by:





D Leech - Director


Leech's Dairy Farm Limited (Registered number: 00468905)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Leech's Dairy 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.
Land and Buildings - not provided
Plant and machinery - 20% on cost and 10% on cost

Financial instruments
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.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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.

Going concern
At 31 June 2024 the company's net liabilities exceeded its assets by £11,591 (2023: £12,311) this is after moving a balance of £377k to over 1 year.
Included within liabilities is an amount due to D L Leech, director of the company, totalling £377,000 (2023: £365,000), the director has agreed that this funding will not be removed in the near future and also that they will continue to financially support the company's cash flow as necessary.

On the basis described above, the directors consider it appropriate to prepare these financial statements on the going concern basis.

Leech's Dairy Farm Limited (Registered number: 00468905)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Land and Plant and Motor
Buildings machinery vehicles Totals
£    £    £    £   
COST
At 1 July 2023 594,494 92,938 8,000 695,432
Additions 6,751 172 - 6,923
At 30 June 2024 601,245 93,110 8,000 702,355
DEPRECIATION
At 1 July 2023 - 89,152 8,000 97,152
Charge for year - 812 - 812
At 30 June 2024 - 89,964 8,000 97,964
NET BOOK VALUE
At 30 June 2024 601,245 3,146 - 604,391
At 30 June 2023 594,494 3,786 - 598,280

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 316 831

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 11,968 9,049
Other creditors 5,536 4,271
17,504 13,320

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 377,000 365,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,122 Ordinary £1 1,122 1,122

9. ULTIMATE CONTROLLING PARTY

The controlling party is D Leech.