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REGISTERED NUMBER: 03769345 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

BICKERSTON FARM LIMITED

BICKERSTON FARM LIMITED (REGISTERED NUMBER: 03769345)






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


BICKERSTON FARM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mr D Eagle
Mrs J E Eagle
Mr C N Eagle





SECRETARY: Mrs J E Eagle





REGISTERED OFFICE: Bickerston Farm
Barnham Broom
Norwich
Norfolk
NR9 4DD





REGISTERED NUMBER: 03769345 (England and Wales)





ACCOUNTANTS: R.J Crane & Co Limited
Chartered Certified Accountants
37A Quebec Street
Dereham
Norfolk
NR19 2DJ

BICKERSTON FARM LIMITED (REGISTERED NUMBER: 03769345)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 12,036 12,036
Tangible assets 5 267,806 287,899
Investment property 6 2,028,968 2,028,968
2,308,810 2,328,903

CURRENT ASSETS
Debtors 7 101,256 92,397
Cash at bank and in hand 1,046,648 932,390
1,147,904 1,024,787
CREDITORS
Amounts falling due within one year 8 167,792 271,278
NET CURRENT ASSETS 980,112 753,509
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,288,922

3,082,412

PROVISIONS FOR LIABILITIES 16,452 19,602
NET ASSETS 3,272,470 3,062,810

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,272,370 3,062,710
SHAREHOLDERS' FUNDS 3,272,470 3,062,810

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.

BICKERSTON FARM LIMITED (REGISTERED NUMBER: 03769345)

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 30 December 2024 and were signed on its behalf by:




Mr C N Eagle - Director



Mr D Eagle - Director


BICKERSTON FARM LIMITED (REGISTERED NUMBER: 03769345)

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

1. STATUTORY INFORMATION

Bickerston Farm 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 10% on reducing balance and 2% on cost
Plant and machinery etc - 33% on cost, 25% on reducing balance and 20% on reducing balance

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.

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.

BICKERSTON FARM LIMITED (REGISTERED NUMBER: 03769345)

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

2. ACCOUNTING POLICIES - continued

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 11 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 12,000 12,036 24,036
AMORTISATION
At 1 May 2023
and 30 April 2024 12,000 - 12,000
NET BOOK VALUE
At 30 April 2024 - 12,036 12,036
At 30 April 2023 - 12,036 12,036

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023 520,891 252,159 773,050
Additions - 4,000 4,000
At 30 April 2024 520,891 256,159 777,050
DEPRECIATION
At 1 May 2023 311,401 173,750 485,151
Charge for year 7,491 16,602 24,093
At 30 April 2024 318,892 190,352 509,244
NET BOOK VALUE
At 30 April 2024 201,999 65,807 267,806
At 30 April 2023 209,490 78,409 287,899

BICKERSTON FARM LIMITED (REGISTERED NUMBER: 03769345)

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

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 2,028,968
NET BOOK VALUE
At 30 April 2024 2,028,968
At 30 April 2023 2,028,968

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2024 2,028,968

If the investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 2,028,968 2,028,968

Investment property was valued on an open market value basis on 30 April 2024 by the directors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 90,914 83,843
Other debtors 10,342 8,554
101,256 92,397

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,526 2,526
Trade creditors 35,984 37,838
Taxation and social security 90,973 86,885
Other creditors 38,309 144,029
167,792 271,278