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Company Registration No. 10810473 (England and Wales)
Redenham Agriculture Limited Unaudited accounts for the year ended 31 March 2024
Redenham Agriculture Limited Unaudited accounts Contents
Page
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Redenham Agriculture Limited Company Information for the year ended 31 March 2024
Director
G J R Clark
Company Number
10810473 (England and Wales)
Registered Office
REDENHAM PARK HOUSE REDENHAM PARK ANDOVER SP11 9AQ ENGLAND
Accountants
GSI Accounts Ltd 8 Link Way, Oakley Basingstoke Hampshire RG23 7DG
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Redenham Agriculture Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
951,337 
1,014,146 
Investments
50 
50 
951,387 
1,014,196 
Current assets
Inventories
- 
172,430 
Debtors
36,315 
43,594 
Cash at bank and in hand
(4,309)
(153,138)
32,006 
62,886 
Creditors: amounts falling due within one year
(268,396)
(379,218)
Net current liabilities
(236,390)
(316,332)
Total assets less current liabilities
714,997 
697,864 
Creditors: amounts falling due after more than one year
(987,821)
(1,097,246)
Net liabilities
(272,824)
(399,382)
Capital and reserves
Share premium
100 
100 
Profit and loss account
(272,924)
(399,482)
Shareholders' funds
(272,824)
(399,382)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 December 2024 and were signed on its behalf by
G J R Clark Director Company Registration No. 10810473
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Redenham Agriculture Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Redenham Agriculture Limited is a private company, limited by shares, registered in England and Wales, registration number 10810473. The registered office is REDENHAM PARK HOUSE, REDENHAM PARK, ANDOVER, SP11 9AQ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
0%
Plant & machinery
5% Straight Line
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Stocks
Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Going concern
Although the going concern basis has been adopted in these accounts, its continued appropriateness is dependent upon future trading performance and the continued support of the director.
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Redenham Agriculture Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
28,500 
1,271,194 
26,836 
11,972 
1,338,502 
Additions
- 
4,202 
- 
- 
4,202 
At 31 March 2024
28,500 
1,275,396 
26,836 
11,972 
1,342,704 
Depreciation
At 1 April 2023
- 
297,668 
18,345 
8,343 
324,356 
Charge for the year
- 
63,770 
2,123 
1,118 
67,011 
At 31 March 2024
- 
361,438 
20,468 
9,461 
391,367 
Net book value
At 31 March 2024
28,500 
913,958 
6,368 
2,511 
951,337 
At 31 March 2023
28,500 
973,526 
8,491 
3,629 
1,014,146 
5
Investments
Other investments 
£ 
Valuation at 1 April 2023
50 
Valuation at 31 March 2024
50 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
19,333 
16,575 
Trade debtors
5,991 
26,178 
Accrued income and prepayments
10,867 
841 
Other debtors
124 
- 
36,315 
43,594 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
142,379 
234,434 
Obligations under finance leases and hire purchase contracts
2,414 
13,324 
Trade creditors
76,637 
125,718 
Taxes and social security
45,766 
4,542 
Accruals
1,200 
1,200 
268,396 
379,218 
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Redenham Agriculture Limited Notes to the Accounts for the year ended 31 March 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,036,722 
1,097,102 
Loans from directors
(48,901)
144 
987,821 
1,097,246 
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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