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REGISTERED NUMBER: 02611612 (England and Wales)
















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Mentmore Park Farms Limited

Mentmore Park Farms Limited (Registered number: 02611612)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Mentmore Park Farms Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mr M R Gaymer
Mrs J Gaymer
Mr R M Gaymer





SECRETARY: Mrs J Gaymer





REGISTERED OFFICE: Mentmore Park Farm
Mentmore
Leighton Buzzard
Bedfordshire
LU7 0QN





REGISTERED NUMBER: 02611612 (England and Wales)





ACCOUNTANTS: Hardcastle Burton LLP
Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN

Mentmore Park Farms Limited (Registered number: 02611612)

Abridged Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,903,639 2,044,699

CURRENT ASSETS
Stocks 64,722 122,478
Debtors 407,735 911,544
Cash at bank 590,374 260,030
1,062,831 1,294,052
CREDITORS
Amounts falling due within one year 453,439 443,880
NET CURRENT ASSETS 609,392 850,172
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,513,031

2,894,871

CREDITORS
Amounts falling due after more than one
year

(422,230

)

(657,419

)

PROVISIONS FOR LIABILITIES (273,673 ) (219,895 )
NET ASSETS 1,817,128 2,017,557

CAPITAL AND RESERVES
Called up share 5 1,000 1,000
Retained earnings 1,816,128 2,016,557
SHAREHOLDERS' FUNDS 1,817,128 2,017,557

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

Mentmore Park Farms Limited (Registered number: 02611612)

Abridged Balance Sheet - continued
30 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 2 December 2024 and were signed on its behalf by:





Mr M R Gaymer - Director


Mentmore Park Farms Limited (Registered number: 02611612)

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

1. STATUTORY INFORMATION

Mentmore Park Farms 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery- 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

Mentmore Park Farms Limited (Registered number: 02611612)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023 4,060,803
Additions 357,584
Disposals (226,650 )
At 30 April 2024 4,191,737
DEPRECIATION
At 1 May 2023 2,016,104
Charge for year 445,566
Eliminated on disposal (173,572 )
At 30 April 2024 2,288,098
NET BOOK VALUE
At 30 April 2024 1,903,639
At 30 April 2023 2,044,699

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 May 2023 2,676,033
Additions 317,100
Disposals (73,500 )
At 30 April 2024 2,919,633
DEPRECIATION
At 1 May 2023 1,138,693
Charge for year 350,493
Eliminated on disposal (49,582 )
At 30 April 2024 1,439,604
NET BOOK VALUE
At 30 April 2024 1,480,029
At 30 April 2023 1,537,340

5. CALLED UP SHARE

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
1,000 Ordinary 1 1,000 1,000