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REGISTERED NUMBER: 10930851 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

HOCKEY'S FARM SHOP LIMITED

HOCKEY'S FARM SHOP LIMITED (REGISTERED NUMBER: 10930851)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 7

HOCKEY'S FARM SHOP LIMITED

COMPANY INFORMATION
for the year ended 31 October 2024







DIRECTORS: Mr J Burrell
Mrs L A Stainton - Burrell





REGISTERED OFFICE: Newtown Farm
South Gorley
Fordingbridge
Hampshire
SP6 2PW





REGISTERED NUMBER: 10930851 (England and Wales)





ACCOUNTANTS: Rothmans LLP
10 St Ann Street
Salisbury
Wiltshire
SP1 2DN

HOCKEY'S FARM SHOP LIMITED (REGISTERED NUMBER: 10930851)

BALANCE SHEET
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,100 6,800
Tangible assets 5 141,412 143,984
Investment property 6 683 783
147,195 151,567

CURRENT ASSETS
Stocks 31,977 27,127
Debtors 7 34,755 6,355
Cash at bank and in hand 23,150 16,966
89,882 50,448
CREDITORS
Amounts falling due within one year 8 118,069 109,521
NET CURRENT LIABILITIES (28,187 ) (59,073 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

119,008

92,494

PROVISIONS FOR LIABILITIES 11,993 12,586
NET ASSETS 107,015 79,908

CAPITAL AND RESERVES
Called up share capital 200 100
Retained earnings 9 106,815 79,808
107,015 79,908

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 March 2025 and were signed on its behalf by:





Mrs L A Stainton - Burrell - Director


HOCKEY'S FARM SHOP LIMITED (REGISTERED NUMBER: 10930851)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 October 2024

1. STATUTORY INFORMATION

Hockey's Farm Shop 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.

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 as modified by the revaluation of certain assets.

Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable for the the sale of farm produce and related goods and the provision of catering, conference and educational facilities.

Revenue is recognised on the sale of goods once the goods are ordered or delivered to the customer at which time the significant risks and rewards of ownership are transferred to the customer.

Revenue is recognised on services as they are provided at which time the risks and rewards associated with the services provided are transferred to the customer.

Rental income is recognised in accordance with the individual tenancy agreements in place with tenants.

Intangible assets
Intangible assets are initially measured at cost and are being amortised evenly over their estimated useful life of ten years. The assets' residual values, useful lives and depreciation methods are reviewed annually, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

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 etc - 50% on cost and 20% on cost

The assets' residual values, useful lives and depreciation methods are reviewed annually, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
The company holds stocks of produce associated with its trade. As some of the product range is fresh produce, and subject to perishability, this is valued at the lower of net realisable value or cost.

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.


HOCKEY'S FARM SHOP LIMITED (REGISTERED NUMBER: 10930851)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2024

2. ACCOUNTING POLICIES - continued
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.

Debtors
Debtors do not carry and interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objective evidence that the asset is impaired.

Creditors
Creditors are not interest bearing and are stated at their nominal value.

Cash and cash equivalents
These comprise cash at bank and other short term highly liquid deposits.

Reserves
The movement in the fair value of motor vehicles to open market value at the balance sheet is recognised in a non-distributable reserve. This reserve, which also contains appropriate depreciation and deferred tax provisions, may not be distributed to shareholders.

Any movements in the reserve are not liable to corporation tax and an appropriate deferred provision is provided within the reserve.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2023 - 16 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 November 2023
and 31 October 2024 17,000
AMORTISATION
At 1 November 2023 10,200
Charge for year 1,700
At 31 October 2024 11,900
NET BOOK VALUE
At 31 October 2024 5,100
At 31 October 2023 6,800

HOCKEY'S FARM SHOP LIMITED (REGISTERED NUMBER: 10930851)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST OR VALUATION
At 1 November 2023 217,315
Additions 14,795
Disposals (3,400 )
At 31 October 2024 228,710
DEPRECIATION
At 1 November 2023 73,331
Charge for year 14,542
Eliminated on disposal (575 )
At 31 October 2024 87,298
NET BOOK VALUE
At 31 October 2024 141,412
At 31 October 2023 143,984

Cost or valuation at 31 October 2024 is represented by:

Plant and
machinery
etc
£   
Valuation in 2021 8,000
Cost 220,710
228,710

If motor vehicles had not been revalued they would have been included at the following historical cost:

31.10.24 31.10.23
£    £   
Cost 9,000 9,000
Aggregate depreciation 9,000 9,000

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023
and 31 October 2024 1,000
DEPRECIATION
At 1 November 2023 217
Charge for year 100
At 31 October 2024 317
NET BOOK VALUE
At 31 October 2024 683
At 31 October 2023 783

HOCKEY'S FARM SHOP LIMITED (REGISTERED NUMBER: 10930851)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 209 3,081
Other debtors 34,546 3,274
34,755 6,355

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 41,856 59,183
Taxation and social security 50,619 26,214
Other creditors 25,594 24,124
118,069 109,521

9. RESERVES

31.10.24 31.10.23
£ £

Distributable105,78777,433
Non - distributable1,0282,375
106,81579,808

Movement in Non-distributable reserve 31.10.2431.10.22
£ £

Balance brought forward 2,3753,888
Fair value uplift--
Movement in depreciation(1,600)(1,867 )
Movement in deferred tax253354
1,0282,375


CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
HOCKEY'S FARM SHOP LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hockey's Farm Shop Limited for the year ended 31 October 2024 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Hockey's Farm Shop Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hockey's Farm Shop Limited and state those matters that we have agreed to state to the Board of Directors of Hockey's Farm Shop Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hockey's Farm Shop Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Hockey's Farm Shop Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hockey's Farm Shop Limited. You consider that Hockey's Farm Shop Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hockey's Farm Shop Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Rothmans LLP
10 St Ann Street
Salisbury
Wiltshire
SP1 2DN


21 March 2025