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REGISTERED NUMBER: 12336581 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

THE SUSSEX FARM SHOP CO LTD

THE SUSSEX FARM SHOP CO LTD (REGISTERED NUMBER: 12336581)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE SUSSEX FARM SHOP CO LTD

Company Information
for the Year Ended 30 November 2024







DIRECTORS: Ms V Lenihan
P Lenihan
M Lenihan





REGISTERED OFFICE: 1 Haycroft Cottage Ridge Road
Falmer
Brighton
BN1 9PP





REGISTERED NUMBER: 12336581 (England and Wales)





ACCOUNTANTS: MDJ Services Limited
Unit A6
Chaucer Business Park
Dittons Road
Polegate
East Sussex
BN26 6QH

THE SUSSEX FARM SHOP CO LTD (REGISTERED NUMBER: 12336581)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,889 8,604

CURRENT ASSETS
Stocks 25,182 27,073
Debtors 5 9,777 9,105
Investments 6 97,120 82,120
Cash at bank and in hand 57,391 68,614
189,470 186,912
CREDITORS
Amounts falling due within one year 7 38,875 44,204
NET CURRENT ASSETS 150,595 142,708
TOTAL ASSETS LESS CURRENT
LIABILITIES

157,484

151,312

CAPITAL AND RESERVES
Called up share capital 8 99 99
Retained earnings 157,385 151,213
SHAREHOLDERS' FUNDS 157,484 151,312

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 SUSSEX FARM SHOP CO LTD (REGISTERED NUMBER: 12336581)

Balance Sheet - continued
30 November 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 27 February 2025 and were signed on its behalf by:




M Lenihan - Director P Lenihan - Director




Ms V Lenihan - Director


THE SUSSEX FARM SHOP CO LTD (REGISTERED NUMBER: 12336581)

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

1. STATUTORY INFORMATION

The Sussex Farm Shop Co Ltd 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 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.
Short leasehold - not provided
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 33% on reducing balance
Motor vehicles - 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

THE SUSSEX FARM SHOP CO LTD (REGISTERED NUMBER: 12336581)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 December 2023 419 19,054 2,484 4,113 26,070
Additions - - 598 - 598
At 30 November 2024 419 19,054 3,082 4,113 26,668
DEPRECIATION
At 1 December 2023 - 13,028 1,626 2,812 17,466
Charge for year - 1,507 481 325 2,313
At 30 November 2024 - 14,535 2,107 3,137 19,779
NET BOOK VALUE
At 30 November 2024 419 4,519 975 976 6,889
At 30 November 2023 419 6,026 858 1,301 8,604

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 248 263
Directors' current accounts 793 1,098
VAT 6,737 6,264
Prepayments 1,999 1,480
9,777 9,105

6. CURRENT ASSET INVESTMENTS
30.11.24 30.11.23
£    £   
Unlisted investments 97,120 82,120

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors 17,534 19,944
Tax 9,943 14,397
Social security and other taxes 2,151 2,151
Directors' current accounts 7,772 3,937
Accrued expenses 1,475 3,775
38,875 44,204

THE SUSSEX FARM SHOP CO LTD (REGISTERED NUMBER: 12336581)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
33 A Ordinary £1 33 33
66 B Ordinary £1 66 66
99 99