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REGISTERED NUMBER: 04482728 (England and Wales)















COTSWOLD FARM SERVICES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






COTSWOLD FARM SERVICES LIMITED (REGISTERED NUMBER: 04482728)

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










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


COTSWOLD FARM SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: D Bayliss





SECRETARY: D Bayliss





REGISTERED OFFICE: Ross House
The Square
Stow On The Wold
Gloucestershire
GL54 1AF





REGISTERED NUMBER: 04482728 (England and Wales)





ACCOUNTANTS: William Hinton Limited
Chartered Accountants
Ross House
The Square
Stow On The Wold
Gloucestershire
GL54 1AF

COTSWOLD FARM SERVICES LIMITED (REGISTERED NUMBER: 04482728)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 208,686 171,285

CURRENT ASSETS
Stocks 34,250 7,062
Debtors 5 78,053 49,785
Cash at bank and in hand 22,403 23,759
134,706 80,606
CREDITORS
Amounts falling due within one year 6 161,858 107,886
NET CURRENT LIABILITIES (27,152 ) (27,280 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

181,534

144,005

CREDITORS
Amounts falling due after more than one
year

7

127,839

108,782
NET ASSETS 53,695 35,223

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 53,694 35,222
SHAREHOLDERS' FUNDS 53,695 35,223

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

COTSWOLD FARM SERVICES LIMITED (REGISTERED NUMBER: 04482728)

BALANCE SHEET - continued
30 JUNE 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 6 March 2025 and were signed by:





D Bayliss - Director


COTSWOLD FARM SERVICES LIMITED (REGISTERED NUMBER: 04482728)

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


1. STATUTORY INFORMATION

Cotswold Farm Services 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 - 10% per annum on cost
Motor vehicles - 25% per annum on cost
Computer equipment - 25% per annum 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 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 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.

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 6 (2023 - 3 ) .

COTSWOLD FARM SERVICES LIMITED (REGISTERED NUMBER: 04482728)

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


4. TANGIBLE FIXED ASSETS
Leasehold Plant and Motor Computer
Improvements machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 74,628 205,583 44,170 1,278 325,659
Additions 2,387 14,305 78,900 1,054 96,646
At 30 June 2024 77,015 219,888 123,070 2,332 422,305
DEPRECIATION
At 1 July 2023 9,599 127,808 15,871 1,096 154,374
Charge for year 7,702 20,433 30,667 443 59,245
At 30 June 2024 17,301 148,241 46,538 1,539 213,619
NET BOOK VALUE
At 30 June 2024 59,714 71,647 76,532 793 208,686
At 30 June 2023 65,029 77,775 28,299 182 171,285

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 70,284 37,402
Other debtors 7,769 12,383
78,053 49,785

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 28,090 10,991
Hire purchase contracts 30,475 18,337
Trade creditors 30,382 14,659
Taxation and social security 10,410 9,827
Other creditors 62,501 54,072
161,858 107,886

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 13,424 23,176
Hire purchase contracts 114,415 85,606
127,839 108,782