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Company Registration No. 5488970 (England and Wales)
Highfield House Farm Limited Unaudited accounts for the year ended 30 June 2024
Highfield House Farm Limited Unaudited accounts Contents
Page
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Highfield House Farm Limited Company Information for the year ended 30 June 2024
Directors
M Prince S Prince
Company Number
5488970 (England and Wales)
Registered Office
28 Terminus Road SHEFFIELD S7 2LH United Kingdom
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Highfield House Farm Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
620,933 
592,040 
Current assets
Inventories
24,350 
21,065 
Debtors
78,987 
73,380 
Cash at bank and in hand
(76,119)
(53,870)
27,218 
40,575 
Creditors: amounts falling due within one year
(312,562)
(261,504)
Net current liabilities
(285,344)
(220,929)
Net assets
335,589 
371,111 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
335,586 
371,108 
Shareholders' funds
335,589 
371,111 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 March 2025 and were signed on its behalf by
M Prince Director Company Registration No. 5488970
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Highfield House Farm Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Highfield House Farm Limited is a private company, limited by shares, registered in England and Wales, registration number 5488970. The registered office is 28 Terminus Road, SHEFFIELD, S7 2LH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10%
Motor vehicles
10%
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
249,825 
838,889 
61,074 
1,149,788 
Additions
- 
54,384 
- 
54,384 
At 30 June 2024
249,825 
893,273 
61,074 
1,204,172 
Depreciation
At 1 July 2023
74,623 
436,091 
47,034 
557,748 
Charge for the year
3,245 
20,140 
2,106 
25,491 
At 30 June 2024
77,868 
456,231 
49,140 
583,239 
Net book value
At 30 June 2024
171,957 
437,042 
11,934 
620,933 
At 30 June 2023
175,202 
402,798 
14,040 
592,040 
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Highfield House Farm Limited Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
47,273 
42,255 
Other debtors
31,714 
31,125 
78,987 
73,380 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
70,348 
52,342 
Obligations under finance leases and hire purchase contracts
44,311 
13,655 
Trade creditors
22,725 
27,080 
Taxes and social security
- 
344 
Other creditors
3,198 
3,082 
Loans from directors
171,980 
162,226 
Accruals
- 
2,775 
312,562 
261,504 
7
Average number of employees
During the year the average number of employees was 10 (2023: 10).
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