Company registration number 00066263 (England and Wales)
TUNSTEAD FARMS
Unaudited Financial Statements
For The Year Ended 31 May 2024
Pages For Filing With Registrar
Tunstead Farms
TUNSTEAD FARMS
Contents
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3
Tunstead Farms
TUNSTEAD FARMS
Accountants' Report To The Board Of Directors On The Preparation Of The Unaudited Statutory Financial Statements Of Tunstead Farms For The Year Ended 31 May 2024
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tunstead Farms for the year ended 31 May 2024 which comprise, the balance sheet 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of Tunstead Farms, as a body, in accordance with the terms of our engagement letter dated 8 January 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Tunstead Farms and state those matters that we have agreed to state to the board of directors of Tunstead Farms, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tunstead Farms and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Tunstead Farms 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 result of Tunstead Farms. You consider that Tunstead Farms 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 Tunstead Farms. 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.
Chavereys Limited
18 February 2025
Chartered Accountants
The Goods Shed
Jubilee Way
Faversham
Kent
England
ME13 8GD
Tunstead Farms
TUNSTEAD FARMS
Balance Sheet
As At 31 May 2024
- 2 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
65,696
65,696
Net current assets
65,696
65,696
Capital and reserves
Called up share capital
32,250
32,250
Other reserves
104,029
104,029
Profit and loss reserves
(70,583)
(70,583)
Total equity
65,696
65,696
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 May 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 18 February 2025 and are signed on its behalf by:
Mr TS McKeever
Director
Company registration number 00066263 (England and Wales)
Tunstead Farms
TUNSTEAD FARMS
Notes To The Financial Statements
For The Year Ended 31 May 2024
- 3 -
1
Accounting policies
Company information
Tunstead Farms is a private unlimited company incorporated in England and Wales. The registered office is Hode Farm Office, Hode Lane, Bridge, Canterbury, Kent, England, CT4 5DH.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Profit and loss account
The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
2
2