Silverfin false false 31/03/2024 01/10/2023 31/03/2024 Mr J.S. Shallcross 24/08/1995 Mrs R.M. Shallcross 24/08/1995 17 March 2025 The principle activity of the company is that of farming within the United Kingdom. the company trades through a
partnership known as 'M.A. & A.J. Shallcross'.
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Company No: 03014354 (England and Wales)

DAISY FARMING COMPANY LIMITED

Unaudited Financial Statements
For the financial period from 01 October 2023 to 31 March 2024
Pages for filing with the registrar

DAISY FARMING COMPANY LIMITED

Unaudited Financial Statements

For the financial period from 01 October 2023 to 31 March 2024

Contents

DAISY FARMING COMPANY LIMITED

BALANCE SHEET

As at 31 March 2024
DAISY FARMING COMPANY LIMITED

BALANCE SHEET (continued)

As at 31 March 2024
Note 31.03.2024 30.09.2023
£ £
Current assets
Investments 3 349,000 349,000
Cash at bank and in hand 2,741 2,777
351,741 351,777
Creditors: amounts falling due within one year 4 ( 32,783) ( 14,059)
Net current assets 318,958 337,718
Total assets less current liabilities 318,958 337,718
Net assets 318,958 337,718
Capital and reserves
Called-up share capital 350,000 350,000
Profit and loss account ( 31,042 ) ( 12,282 )
Total shareholders' funds 318,958 337,718

For the financial period ending 31 March 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Daisy Farming Company Limited (registered number: 03014354) were approved and authorised for issue by the Board of Directors on 17 March 2025. They were signed on its behalf by:

Mr J.S. Shallcross
Director
DAISY FARMING COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 October 2023 to 31 March 2024
DAISY FARMING COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 October 2023 to 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Daisy Farming Company Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Claremont, Southampton Road, Whaddon, Salisbury, Wiltshire, SP5 3EB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Taxation

Current tax
Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Impairment of assets

Investments in partnerships where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in partnerships where fair value cannot be measured reliably are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

Period from
01.10.2023 to
31.03.2024
Year ended
30.09.2023
Number Number
Monthly average number of persons employed by the Company during the period, including directors 0 0

3. Current asset investments

31.03.2024 30.09.2023
£ £
Investments in joint ventures 349,000 349,000

4. Creditors: amounts falling due within one year

31.03.2024 30.09.2023
£ £
Taxation and social security 0 1,489
Other creditors 32,783 12,570
32,783 14,059