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REGISTERED NUMBER: 11813766 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 April 2024

for

Smeathalls Farm Energy Limited

Smeathalls Farm Energy Limited (Registered number: 11813766)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Smeathalls Farm Energy Limited

Company Information
for the Year Ended 29 April 2024







DIRECTORS: Mr. C E Booth
Mr. A J Booth





REGISTERED OFFICE: Smeathalls Farm
Birkin Lane
Birkin
Knottingley
West Yorkshire
WF11 9LZ





REGISTERED NUMBER: 11813766 (England and Wales)





ACCOUNTANTS: Crowther Chartered Accountants
Abacus House
Pennine Business Park
Longbow Close
Huddersfield
West Yorkshire
HD2 1GQ

Smeathalls Farm Energy Limited (Registered number: 11813766)

Balance Sheet
29 April 2024

29.4.24 29.4.23
Notes £ £ £ £
FIXED ASSETS
Investments 4 1 1

CURRENT ASSETS
Debtors 5 2,033,399 2,248,399
Cash at bank and in hand 2,101 5,143
2,035,500 2,253,542
CREDITORS
Amounts falling due within one year 6 262,102 258,991
NET CURRENT ASSETS 1,773,398 1,994,551
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,773,399

1,994,552

CREDITORS
Amounts falling due after more than one
year

7

1,506,380

1,727,721
NET ASSETS 267,019 266,831

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 266,919 266,731
SHAREHOLDERS' FUNDS 267,019 266,831

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

The members have not required the company to obtain an audit of its financial statements for the year ended 29 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Smeathalls Farm Energy Limited (Registered number: 11813766)

Balance Sheet - continued
29 April 2024


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 Board of Directors and authorised for issue on 23 December 2024 and were signed on its behalf by:




Mr. C E Booth - Director



Mr. A J Booth - Director


Smeathalls Farm Energy Limited (Registered number: 11813766)

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

1. STATUTORY INFORMATION

Smeathalls Farm Energy 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 30 April 2023
and 29 April 2024 1
NET BOOK VALUE
At 29 April 2024 1
At 29 April 2023 1

Smeathalls Farm Energy Limited (Registered number: 11813766)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.4.24 29.4.23
£ £
Amounts owed by group undertakings 2,033,399 2,248,399

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.4.24 29.4.23
£ £
Bank loans and overdrafts (see note 8) 250,000 250,000
Amounts owed to group undertakings 1,082 43
Directors' loan accounts 10,000 8,000
Accrued expenses 1,020 948
262,102 258,991

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.4.24 29.4.23
£ £
Bank loans (see note 8) 1,506,380 1,727,721

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 506,380 727,721

8. LOANS

An analysis of the maturity of loans is given below:

29.4.24 29.4.23
£ £
Amounts falling due within one year or on demand:
Bank loans 250,000 250,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 250,000 250,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 750,000 750,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 506,380 727,721

Smeathalls Farm Energy Limited (Registered number: 11813766)

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

9. SECURED DEBTS

The following secured debts are included within creditors:

29.4.24 29.4.23
£ £
Bank loans 1,756,380 1,977,721

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in creditors: amounts falling due within one year are loans from the directors of £10,000 (2023 - £8,000). The loan is interest free with no fixed date for repayment.

11. RELATED PARTY DISCLOSURES

At the balance sheet date, the company was owed £2,033,399 (2023 - £2,248,399) from Booth Brothers Energy Limited. The company owns 100% of the shares held in Booth Brothers Energy Limited.

At the balance sheet date, the company owed £1,082 (2023 - £43) to Booth Brothers Partnership. The directors in the company are the same partners in Booth Brothers Partnership.

12. ULTIMATE CONTROLLING PARTY

The controlling party is its directors.