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REGISTERED NUMBER: 07452018 (England and Wales)















WOODLANDS FARM (KIRTON) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2024






WOODLANDS FARM (KIRTON) LIMITED (REGISTERED NUMBER: 07452018)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


WOODLANDS FARM (KIRTON) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 5 APRIL 2024







DIRECTORS: A P Dennis
A C Severn





REGISTERED OFFICE: Kirton House
Kirton
Boston
Lincs
PE20 1JD





REGISTERED NUMBER: 07452018 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
3 Castlegate
Grantham
Lincolnshire
NG31 6SF

WOODLANDS FARM (KIRTON) LIMITED (REGISTERED NUMBER: 07452018)

STATEMENT OF FINANCIAL POSITION
5 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,629,246 896,516

CURRENT ASSETS
Stocks 780,316 752,810
Debtors 5 677,892 519,787
Cash at bank and in hand 2,887,617 4,134,835
4,345,825 5,407,432
CREDITORS
Amounts falling due within one year 6 536,917 557,223
NET CURRENT ASSETS 3,808,908 4,850,209
TOTAL ASSETS LESS CURRENT LIABILITIES 6,438,154 5,746,725

CREDITORS
Amounts falling due after more than one year 7 (28,125 ) (82,727 )

PROVISIONS FOR LIABILITIES (167,679 ) (270,864 )
NET ASSETS 6,242,350 5,393,134

CAPITAL AND RESERVES
Called up share capital 250,100 250,100
Retained earnings 5,992,250 5,143,034
SHAREHOLDERS' FUNDS 6,242,350 5,393,134

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 9 January 2025 and were signed on its behalf by:




A P Dennis - Director


WOODLANDS FARM (KIRTON) LIMITED (REGISTERED NUMBER: 07452018)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

1. STATUTORY INFORMATION

Woodlands Farm (Kirton) 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.

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


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 represents net invoiced sales of produce, excluding value added tax. Sales of produce are recognised upon despatch.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost, 25% on reducing balance, 10% on cost and 6.66 on cost

Stocks
The valuation has been professionally valued at the lower of cost and and fair value less costs to sell.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 9 (2023 - 11 ) .

WOODLANDS FARM (KIRTON) LIMITED (REGISTERED NUMBER: 07452018)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 6 April 2023 133,094 2,166,144 2,299,238
Additions 1,771,588 206,934 1,978,522
Disposals - (202,269 ) (202,269 )
At 5 April 2024 1,904,682 2,170,809 4,075,491
DEPRECIATION
At 6 April 2023 - 1,402,722 1,402,722
Charge for year - 208,185 208,185
Eliminated on disposal - (164,662 ) (164,662 )
At 5 April 2024 - 1,446,245 1,446,245
NET BOOK VALUE
At 5 April 2024 1,904,682 724,564 2,629,246
At 5 April 2023 133,094 763,422 896,516

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 356,772 344,862
Other debtors 321,120 174,925
677,892 519,787

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 54,602 63,427
Trade creditors 143,757 204,771
Taxation and social security 274,500 210,288
Other creditors 64,058 78,737
536,917 557,223

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 28,125 82,727

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 82,727 146,154

The hire purchase liability was secured against specific plant and equipment within fixed assets.