Silverfin false false 30/06/2024 01/07/2023 30/06/2024 D L J Andrew 13/07/2015 K Andrew 13/07/2015 Mrs M A Andrew 13/07/2015 04 March 2025 The principal activity of the company is providing holiday accommodation. 09682153 2024-06-30 09682153 bus:Director1 2024-06-30 09682153 bus:Director2 2024-06-30 09682153 bus:Director3 2024-06-30 09682153 2023-06-30 09682153 core:CurrentFinancialInstruments 2024-06-30 09682153 core:CurrentFinancialInstruments 2023-06-30 09682153 core:ShareCapital 2024-06-30 09682153 core:ShareCapital 2023-06-30 09682153 core:RetainedEarningsAccumulatedLosses 2024-06-30 09682153 core:RetainedEarningsAccumulatedLosses 2023-06-30 09682153 core:PlantMachinery 2023-06-30 09682153 core:Vehicles 2023-06-30 09682153 core:FurnitureFittings 2023-06-30 09682153 core:OfficeEquipment 2023-06-30 09682153 core:PlantMachinery 2024-06-30 09682153 core:Vehicles 2024-06-30 09682153 core:FurnitureFittings 2024-06-30 09682153 core:OfficeEquipment 2024-06-30 09682153 bus:OrdinaryShareClass1 2024-06-30 09682153 2023-07-01 2024-06-30 09682153 bus:FilletedAccounts 2023-07-01 2024-06-30 09682153 bus:SmallEntities 2023-07-01 2024-06-30 09682153 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 09682153 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09682153 bus:Director1 2023-07-01 2024-06-30 09682153 bus:Director2 2023-07-01 2024-06-30 09682153 bus:Director3 2023-07-01 2024-06-30 09682153 core:PlantMachinery core:TopRangeValue 2023-07-01 2024-06-30 09682153 core:Vehicles 2023-07-01 2024-06-30 09682153 core:FurnitureFittings core:TopRangeValue 2023-07-01 2024-06-30 09682153 core:OfficeEquipment core:TopRangeValue 2023-07-01 2024-06-30 09682153 2022-07-01 2023-06-30 09682153 core:PlantMachinery 2023-07-01 2024-06-30 09682153 core:FurnitureFittings 2023-07-01 2024-06-30 09682153 core:OfficeEquipment 2023-07-01 2024-06-30 09682153 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 09682153 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 09682153 (England and Wales)

ANDREW FARMING (FLOWERS AND BULBS) LTD

Unaudited Financial Statements
For the financial year ended 30 June 2024
Pages for filing with the registrar

ANDREW FARMING (FLOWERS AND BULBS) LTD

Unaudited Financial Statements

For the financial year ended 30 June 2024

Contents

ANDREW FARMING (FLOWERS AND BULBS) LTD

BALANCE SHEET

As at 30 June 2024
ANDREW FARMING (FLOWERS AND BULBS) LTD

BALANCE SHEET (continued)

As at 30 June 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 199,222 166,919
199,222 166,919
Current assets
Debtors 4 21,871 23,171
Cash at bank and in hand 125,052 180,829
146,923 204,000
Creditors: amounts falling due within one year 5 ( 201,957) ( 229,010)
Net current liabilities (55,034) (25,010)
Total assets less current liabilities 144,188 141,909
Net assets 144,188 141,909
Capital and reserves
Called-up share capital 6 100 100
Profit and loss account 144,088 141,809
Total shareholders' funds 144,188 141,909

For the financial year ending 30 June 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 Andrew Farming (Flowers and Bulbs) Ltd (registered number: 09682153) were approved and authorised for issue by the Board of Directors on 04 March 2025. They were signed on its behalf by:

K Andrew
Director
ANDREW FARMING (FLOWERS AND BULBS) LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
ANDREW FARMING (FLOWERS AND BULBS) LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
1. Accounting policies

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

General information and basis of accounting

Andrew Farming (Flowers and Bulbs) Ltd (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 Lowin House, Tregolls Road, Truro, TR1 2NA, United Kingdom. The principal place of business is Grassington Farm, Trenear, Helston, Cornwall, TR13 0HB.

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 £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the services are provided to the customers.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Plant and machinery 5 years straight line
Vehicles 20 % reducing balance
Fixtures and fittings 10 years straight line
Office equipment 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 3

3. Tangible assets

Plant and machinery Vehicles Fixtures and fittings Office equipment Total
£ £ £ £ £
Cost
At 01 July 2023 12,956 0 182,816 0 195,772
Additions 2,099 46,650 3,999 749 53,497
At 30 June 2024 15,055 46,650 186,815 749 249,269
Accumulated depreciation
At 01 July 2023 11,174 0 17,679 0 28,853
Charge for the financial year 1,074 2,333 17,704 83 21,194
At 30 June 2024 12,248 2,333 35,383 83 50,047
Net book value
At 30 June 2024 2,807 44,317 151,432 666 199,222
At 30 June 2023 1,782 0 165,137 0 166,919

4. Debtors

2024 2023
£ £
Trade debtors 4,141 6,263
Deferred tax asset 7,126 7,881
Other debtors 10,604 9,027
21,871 23,171

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 1,275 2,310
Other taxation and social security 7,100 7,003
Other creditors 193,582 219,697
201,957 229,010

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100