IRIS Accounts Production v24.3.2.46 00653857 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh006538572023-09-30006538572024-09-30006538572023-10-012024-09-30006538572022-09-30006538572022-10-012023-09-30006538572023-09-3000653857ns15:EnglandWales2023-10-012024-09-3000653857ns14:PoundSterling2023-10-012024-09-3000653857ns10:Director12023-10-012024-09-3000653857ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3000653857ns10:SmallEntities2023-10-012024-09-3000653857ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3000653857ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3000653857ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3000653857ns10:FullAccounts2023-10-012024-09-300065385712023-10-012024-09-3000653857ns10:Director22023-10-012024-09-3000653857ns10:Director32023-10-012024-09-3000653857ns10:Director42023-10-012024-09-3000653857ns10:CompanySecretary12023-10-012024-09-3000653857ns10:RegisteredOffice2023-10-012024-09-3000653857ns5:CurrentFinancialInstruments2024-09-3000653857ns5:CurrentFinancialInstruments2023-09-3000653857ns5:Non-currentFinancialInstruments2024-09-3000653857ns5:Non-currentFinancialInstruments2023-09-3000653857ns5:ShareCapital2024-09-3000653857ns5:ShareCapital2023-09-3000653857ns5:SharePremium2024-09-3000653857ns5:SharePremium2023-09-3000653857ns5:RevaluationReserve2024-09-3000653857ns5:RevaluationReserve2023-09-3000653857ns5:RetainedEarningsAccumulatedLosses2024-09-3000653857ns5:RetainedEarningsAccumulatedLosses2023-09-3000653857ns5:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3000653857ns5:PatentsTrademarksLicencesConcessionsSimilar2023-10-012024-09-3000653857ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-10-012024-09-3000653857ns5:PlantMachinery2023-10-012024-09-3000653857ns5:FurnitureFittings2023-10-012024-09-3000653857ns5:MotorVehicles2023-10-012024-09-3000653857ns5:IntangibleAssetsOtherThanGoodwill2023-09-3000653857ns5:IntangibleAssetsOtherThanGoodwill2024-09-3000653857ns5:IntangibleAssetsOtherThanGoodwill2023-09-3000653857ns5:LandBuildings2023-09-3000653857ns5:PlantMachinery2023-09-3000653857ns5:FurnitureFittings2023-09-3000653857ns5:MotorVehicles2023-09-3000653857ns5:LandBuildings2023-10-012024-09-3000653857ns5:LandBuildings2024-09-3000653857ns5:PlantMachinery2024-09-3000653857ns5:FurnitureFittings2024-09-3000653857ns5:MotorVehicles2024-09-3000653857ns5:LandBuildings2023-09-3000653857ns5:PlantMachinery2023-09-3000653857ns5:FurnitureFittings2023-09-3000653857ns5:MotorVehicles2023-09-3000653857ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-09-3000653857ns5:FurnitureFittingsns5:LeasedAssetsHeldAsLessee2023-09-3000653857ns5:LeasedAssetsHeldAsLessee2023-09-3000653857ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-10-012024-09-3000653857ns5:FurnitureFittingsns5:LeasedAssetsHeldAsLessee2023-10-012024-09-3000653857ns5:LeasedAssetsHeldAsLessee2023-10-012024-09-3000653857ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-09-3000653857ns5:FurnitureFittingsns5:LeasedAssetsHeldAsLessee2024-09-3000653857ns5:LeasedAssetsHeldAsLessee2024-09-3000653857ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-09-3000653857ns5:FurnitureFittingsns5:LeasedAssetsHeldAsLessee2023-09-3000653857ns5:LeasedAssetsHeldAsLessee2023-09-3000653857ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3000653857ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3000653857ns5:RevaluationReserve2023-09-30
REGISTERED NUMBER: 00653857 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

A.F. MONK (ROOKLEY) LIMITED

A.F. MONK (ROOKLEY) LIMITED (REGISTERED NUMBER: 00653857)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A.F. MONK (ROOKLEY) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2024







DIRECTORS: R F Monk
Mrs P E G Monk
Mrs P Monk
T F Monk





SECRETARY: R F Monk





REGISTERED OFFICE: Rookley Farm
Up Somborne
Stockbridge
Hampshire
SO20 6QX





REGISTERED NUMBER: 00653857 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

A.F. MONK (ROOKLEY) LIMITED (REGISTERED NUMBER: 00653857)

BALANCE SHEET
30TH SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 11,197
Tangible assets 5 7,714,021 7,502,099
Investments 6 113 113
7,714,134 7,513,409

CURRENT ASSETS
Stocks 509,802 525,430
Debtors 7 679,718 755,067
Cash at bank 98,142 -
1,287,662 1,280,497
CREDITORS
Amounts falling due within one year 8 965,836 890,693
NET CURRENT ASSETS 321,826 389,804
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,035,960

7,903,213

CREDITORS
Amounts falling due after more than one
year

9

(2,403,040

)

(2,481,399

)

PROVISIONS FOR LIABILITIES (531,536 ) (493,164 )
NET ASSETS 5,101,384 4,928,650

CAPITAL AND RESERVES
Called up share capital 545 545
Share premium 14,105 14,105
Revaluation reserve 10 20,760 20,760
Retained earnings 5,065,974 4,893,240
SHAREHOLDERS' FUNDS 5,101,384 4,928,650

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

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

A.F. MONK (ROOKLEY) LIMITED (REGISTERED NUMBER: 00653857)

BALANCE SHEET - continued
30TH SEPTEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18th February 2025 and were signed on its behalf by:





R F Monk - Director


A.F. MONK (ROOKLEY) LIMITED (REGISTERED NUMBER: 00653857)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


1. STATUTORY INFORMATION

A.F. Monk (Rookley) 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.

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.

Entitlements are being fully amortised in the current year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - 10% on cost and nil
Plant and machinery - 25% on reducing balance and 15% on reducing balance
Tractors and combines - 25% 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 Statement of Income and Retained Earnings, 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.

A.F. MONK (ROOKLEY) LIMITED (REGISTERED NUMBER: 00653857)

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


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st October 2023
and 30th September 2024 11,197
AMORTISATION
Charge for year 11,197
At 30th September 2024 11,197
NET BOOK VALUE
At 30th September 2024 -
At 30th September 2023 11,197

A.F. MONK (ROOKLEY) LIMITED (REGISTERED NUMBER: 00653857)

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


5. TANGIBLE FIXED ASSETS
Tractors
Freehold Plant and and Motor
property machinery combines vehicles Totals
£    £    £    £    £   
COST
At 1st October 2023 6,192,562 3,650,987 1,875,327 60,795 11,779,671
Additions - 33,283 560,700 - 593,983
Disposals - - (271,130 ) - (271,130 )
At 30th September 2024 6,192,562 3,684,270 2,164,897 60,795 12,102,524
DEPRECIATION
At 1st October 2023 792,082 2,273,115 1,168,396 43,979 4,277,572
Charge for year - 111,444 250,431 4,204 366,079
Eliminated on disposal - - (255,148 ) - (255,148 )
At 30th September 2024 792,082 2,384,559 1,163,679 48,183 4,388,503
NET BOOK VALUE
At 30th September 2024 5,400,480 1,299,711 1,001,218 12,612 7,714,021
At 30th September 2023 5,400,480 1,377,872 706,931 16,816 7,502,099

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Tractors
Plant and and
machinery combines Totals
£    £    £   
COST
At 1st October 2023 - 497,410 497,410
Additions 14,500 489,700 504,200
Transfer to ownership - (224,000 ) (224,000 )
At 30th September 2024 14,500 763,110 777,610
DEPRECIATION
At 1st October 2023 - 120,273 120,273
Charge for year 906 163,680 164,586
Transfer to ownership - (103,484 ) (103,484 )
At 30th September 2024 906 180,469 181,375
NET BOOK VALUE
At 30th September 2024 13,594 582,641 596,235
At 30th September 2023 - 377,137 377,137

A.F. MONK (ROOKLEY) LIMITED (REGISTERED NUMBER: 00653857)

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


6. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Investments 113 113

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 413,746 607,274
Other debtors 265,972 147,793
679,718 755,067

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 10,929
Hire purchase contracts 172,269 108,263
Trade creditors 254,082 251,618
Taxation and social security 30,607 53,431
Other creditors 508,878 466,452
965,836 890,693

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 2,236,004 2,400,590
Hire purchase contracts 167,036 80,809
2,403,040 2,481,399

10. RESERVES
Revaluation
reserve
£   
At 1st October 2023
and 30th September 2024 20,760