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REGISTERED NUMBER: 00580617 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

John Monnington Farms Limited

John Monnington Farms Limited (Registered number: 00580617)






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


John Monnington Farms Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: T R Monnington
H A J Monnington
Mrs B J Monnington





SECRETARY: Mrs B J Monnington





REGISTERED OFFICE: Blackcap Farmhouse
Firle
Lewes
East Sussex
BN8 6LR





REGISTERED NUMBER: 00580617 (England and Wales)





ACCOUNTANTS: Caburn Accountants Limited
Chartered Certified Accountants
First Floor,
The Estate Office
The Green, Lewes Road
Ringmer
East Sussex
BN8 5QE

John Monnington Farms Limited (Registered number: 00580617)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 962,027 1,016,817

CURRENT ASSETS
Stocks 138,454 160,222
Debtors 5 20,573 38,974
Cash at bank 372,400 326,918
531,427 526,114
CREDITORS
Amounts falling due within one year 6 51,845 68,908
NET CURRENT ASSETS 479,582 457,206
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,441,609

1,474,023

PROVISIONS FOR LIABILITIES 33,637 44,048
NET ASSETS 1,407,972 1,429,975

CAPITAL AND RESERVES
Called up share capital 30,000 30,000
Retained earnings 1,377,972 1,399,975
SHAREHOLDERS' FUNDS 1,407,972 1,429,975

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.

John Monnington Farms Limited (Registered number: 00580617)

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 Board of Directors and authorised for issue on 29 January 2025 and were signed on its behalf by:





T R Monnington - Director


John Monnington Farms Limited (Registered number: 00580617)

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

1. STATUTORY INFORMATION

John Monnington 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

John Monnington Farms Limited (Registered number: 00580617)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 849,529 970,400 81,439 1,448 1,902,816
Additions - 8,700 - - 8,700
Disposals - (8,722 ) - - (8,722 )
At 30 April 2024 849,529 970,378 81,439 1,448 1,902,794
DEPRECIATION
At 1 May 2023 64,544 749,260 71,111 1,084 885,999
Charge for year - 53,004 1,763 364 55,131
Eliminated on disposal - (363 ) - - (363 )
At 30 April 2024 64,544 801,901 72,874 1,448 940,767
NET BOOK VALUE
At 30 April 2024 784,985 168,477 8,565 - 962,027
At 30 April 2023 784,985 221,140 10,328 364 1,016,817

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 1,471 -
Other debtors 13,873 34,271
Prepayments 5,229 4,703
20,573 38,974

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 34,386 51,089
Tax 5,436 5,911
Social security and other taxes 207 227
Accruals and deferred income 11,816 11,681
51,845 68,908