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REGISTERED NUMBER: 14044272 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

FENCES FARM TYRINGHAM LIMITED

FENCES FARM TYRINGHAM LIMITED (REGISTERED NUMBER: 14044272)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 8

FENCES FARM TYRINGHAM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: H M Byrne





REGISTERED OFFICE: Units 1-2 Premier Business Park
Dencora Way
Luton
Bedfordshire
LU3 3HP





REGISTERED NUMBER: 14044272 (England and Wales)





ACCOUNTANTS: Ad Valorem Accountancy Services Limited
Chartered Certified Accountants
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Buckinghamshire
MK12 5NN

FENCES FARM TYRINGHAM LIMITED (REGISTERED NUMBER: 14044272)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 6,609,100 5,850,023
Investment property 5 10,672,344 10,672,344
17,281,444 16,522,367

CURRENT ASSETS
Stocks 139,639 157,602
Debtors 6 161,969 58,868
Cash at bank 36,807 26,167
338,415 242,637
CREDITORS
Amounts falling due within one year 7 3,171,690 1,748,946
NET CURRENT LIABILITIES (2,833,275 ) (1,506,309 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,448,169

15,016,058

CREDITORS
Amounts falling due after more than one
year

8

(9,787,632

)

(10,424,993

)

PROVISIONS FOR LIABILITIES 10 (1,402,446 ) (1,195,035 )
NET ASSETS 3,258,091 3,396,030

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 3,257,991 3,395,930
SHAREHOLDERS' FUNDS 3,258,091 3,396,030

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 director acknowledges his 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.

FENCES FARM TYRINGHAM LIMITED (REGISTERED NUMBER: 14044272)

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 January 2025 and were signed by:





H M Byrne - Director


FENCES FARM TYRINGHAM LIMITED (REGISTERED NUMBER: 14044272)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Fences Farm Tyringham 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 as modified by the revaluation of certain assets.

The financial statements have been prepared on a going concern basis which assumes the continuing support of the company's creditors, including the director.

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.

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

FENCES FARM TYRINGHAM LIMITED (REGISTERED NUMBER: 14044272)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£
COST OR VALUATION
At 1 May 2023 5,850,023
Revaluations 759,077
At 30 April 2024 6,609,100
NET BOOK VALUE
At 30 April 2024 6,609,100
At 30 April 2023 5,850,023

Included in cost or valuation of land and buildings is freehold land of £ 6,609,100 (2023 - £ 5,850,023 ) which is not depreciated.

Cost or valuation at 30 April 2024 is represented by:

Land and
buildings
£
Valuation in 2023 5,850,023
Valuation in 2024 759,077
6,609,100

If the Freehold Land had not been revalued it would have been included at the following historical cost:

2024 2023
£ £
Cost 5,850,023 -

Value of land in freehold land and buildings 5,850,023 -

Freehold Land was valued on an open market value basis on 30 April 2024 by the Directors .

FENCES FARM TYRINGHAM LIMITED (REGISTERED NUMBER: 14044272)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 May 2023
and 30 April 2024 10,672,344
NET BOOK VALUE
At 30 April 2024 10,672,344
At 30 April 2023 10,672,344

Fair value at 30 April 2024 is represented by:
£
Valuation in 2023 10,672,344

If investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£ £
Cost 5,821,637 5,821,637

The investment properties were valued on an open market basis on 30 April 2023 by the director, H M Byrne .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 9,226 3,000
Other debtors 152,743 55,868
161,969 58,868

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 22,190 27,173
Other creditors 3,149,500 1,721,773
3,171,690 1,748,946

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans 2,150,000 4,650,000
Other creditors 7,637,632 5,774,993
9,787,632 10,424,993

FENCES FARM TYRINGHAM LIMITED (REGISTERED NUMBER: 14044272)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Bank loans 2,150,000 4,650,000

The bank loan is secured by fixed and floating charges over the company's assets.

10. PROVISIONS FOR LIABILITIES
2024 2023
£ £
Deferred tax 1,402,446 1,195,035

Deferred tax
£
Balance at 1 May 2023 1,195,035
Provided during year 207,411
Balance at 30 April 2024 1,402,446

The deferred tax provision relates to the surplus on revaluation of investment properties.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 100 100

12. RELATED PARTY DISCLOSURES

Included in Other Creditors due within one year and after more than one year at 30 April 2024 were amounts of £603,664 and £7,637,632 respectively owed to companies under common control. Interest of £462,639 was paid on those amounts during the period.

Included in Other Creditors due within one year was an amount of £2,503,275 owed to the director, H M Byrne. This amount is interest-free and repayable on demand.

13. ULTIMATE CONTROLLING PARTY

The controlling party is H M Byrne.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
FENCES FARM TYRINGHAM LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Fences Farm Tyringham Limited for the year ended 30 April 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Fences Farm Tyringham Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Fences Farm Tyringham Limited and state those matters that we have agreed to state to the director of Fences Farm Tyringham Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Fences Farm Tyringham Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Fences Farm Tyringham Limited. You consider that Fences Farm Tyringham Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Fences Farm Tyringham Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ad Valorem Accountancy Services Limited
Chartered Certified Accountants
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Buckinghamshire
MK12 5NN


Date: .............................................