C L H Van Der Meer (Farm) Ltd 05725130 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is farming activities. Digita Accounts Production Advanced 6.30.9574.0 true true 05725130 2023-04-01 2024-03-31 05725130 2024-03-31 05725130 core:RetainedEarningsAccumulatedLosses 2024-03-31 05725130 core:ShareCapital 2024-03-31 05725130 core:CurrentFinancialInstruments 2024-03-31 05725130 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 05725130 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 05725130 core:FurnitureFittingsToolsEquipment 2024-03-31 05725130 core:OtherPropertyPlantEquipment 2024-03-31 05725130 bus:SmallEntities 2023-04-01 2024-03-31 05725130 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 05725130 bus:FilletedAccounts 2023-04-01 2024-03-31 05725130 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05725130 bus:RegisteredOffice 2023-04-01 2024-03-31 05725130 bus:CompanySecretaryDirector1 2023-04-01 2024-03-31 05725130 bus:Director2 2023-04-01 2024-03-31 05725130 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05725130 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 05725130 core:OfficeEquipment 2023-04-01 2024-03-31 05725130 core:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 05725130 core:ToolsEquipment 2023-04-01 2024-03-31 05725130 countries:EnglandWales 2023-04-01 2024-03-31 05725130 2023-03-31 05725130 core:FurnitureFittingsToolsEquipment 2023-03-31 05725130 core:OtherPropertyPlantEquipment 2023-03-31 05725130 2022-04-01 2023-03-31 05725130 2023-03-31 05725130 core:RetainedEarningsAccumulatedLosses 2023-03-31 05725130 core:ShareCapital 2023-03-31 05725130 core:CurrentFinancialInstruments 2023-03-31 05725130 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 05725130 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 05725130 core:FurnitureFittingsToolsEquipment 2023-03-31 05725130 core:OtherPropertyPlantEquipment 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 05725130

C L H Van Der Meer (Farm) Ltd

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

C L H Van Der Meer (Farm) Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

C L H Van Der Meer (Farm) Ltd

Company Information

Directors

G E Van Der Meer

C L H Van Der Meer

Company secretary

G E Van Der Meer

Registered office

Oak Bank Farm
Asburnham
Battle
East Sussex
TN33 9PB

Accountants

Manningtons
8 High Street
Heathfield
East Sussex
TN21 8LS

 

C L H Van Der Meer (Farm) Ltd

(Registration number: 05725130)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

240,934

252,924

Current assets

 

Debtors

5

-

855

Cash at bank and in hand

 

35,372

19,488

 

35,372

20,343

Creditors: Amounts falling due within one year

6

(68,807)

(110,702)

Net current liabilities

 

(33,435)

(90,359)

Total assets less current liabilities

 

207,499

162,565

Creditors: Amounts falling due after more than one year

6

(3,523)

-

Net assets

 

203,976

162,565

Capital and reserves

 

Called up share capital

95

95

Retained earnings

203,881

162,470

Shareholders' funds

 

203,976

162,565

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 6 December 2024 and signed on its behalf by:
 

.........................................
C L H Van Der Meer
Director

 

C L H Van Der Meer (Farm) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Oak Bank Farm
Asburnham
Battle
East Sussex
TN33 9PB

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

C L H Van Der Meer (Farm) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Asset class

Depreciation method and rate

Plant and equipment

10% reducing balance

Office equipment

3 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

C L H Van Der Meer (Farm) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 1).

 

C L H Van Der Meer (Farm) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 April 2023

1,624

384,677

386,301

Additions

-

19,100

19,100

Disposals

-

(4,100)

(4,100)

At 31 March 2024

1,624

399,677

401,301

Depreciation

At 1 April 2023

1,394

131,983

133,377

Charge for the year

230

26,760

26,990

At 31 March 2024

1,624

158,743

160,367

Carrying amount

At 31 March 2024

-

240,934

240,934

At 31 March 2023

230

252,694

252,924

5

Debtors

2024
£

2023
£

Taxation and social security

-

855

-

855

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Bank loans and overdrafts

3,533

-

Trade creditors

 

-

160

Taxation and social security

 

5,415

5,529

Accruals and deferred income

 

900

900

Other creditors

 

85

84

Director loan account

 

58,874

104,029

 

68,807

110,702

 

C L H Van Der Meer (Farm) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

3,523

-