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REGISTERED NUMBER: 01648474 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2024

FOR

NEWTON VALENCE FARMS LIMITED

NEWTON VALENCE FARMS LIMITED (REGISTERED NUMBER: 01648474)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NEWTON VALENCE FARMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2024







DIRECTORS: Mrs F B Janson
H T W Janson
F T W Slinger
Mrs E Slinger





SECRETARY: Mrs F B Janson





REGISTERED OFFICE: Newton Valence
Alton
Hampshire
GU34 3RN





REGISTERED NUMBER: 01648474 (England and Wales)





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

NEWTON VALENCE FARMS LIMITED (REGISTERED NUMBER: 01648474)

BALANCE SHEET
30TH NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,110,008 1,110,008

CURRENT ASSETS
Debtors 5 20,000 20,000
Cash at bank 11,538 11,538
31,538 31,538
CREDITORS
Amounts falling due within one year 6 302,232 302,232
NET CURRENT LIABILITIES (270,694 ) (270,694 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

839,314

839,314

CAPITAL AND RESERVES
Called up share capital 155 155
Revaluation reserve 7 971,950 971,950
Retained earnings (132,791 ) (132,791 )
SHAREHOLDERS' FUNDS 839,314 839,314

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th March 2025 and were signed on its behalf by:



F T W Slinger - Director


NEWTON VALENCE FARMS LIMITED (REGISTERED NUMBER: 01648474)

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


1. STATUTORY INFORMATION

Newton Valence Farms 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost and nil
Plant and machinery etc - 15% on reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

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

NEWTON VALENCE FARMS LIMITED (REGISTERED NUMBER: 01648474)

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


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1st December 2023
and 30th November 2024 1,110,000 761 1,110,761
DEPRECIATION
At 1st December 2023
and 30th November 2024 - 753 753
NET BOOK VALUE
At 30th November 2024 1,110,000 8 1,110,008
At 30th November 2023 1,110,000 8 1,110,008

The taxation payable on the the realisation of land at its market value would be approximately £120,000.

Cost or valuation at 30th November 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2016 1,110,000 761 1,110,761

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 20,000 20,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 302,232 302,232

7. RESERVES
Revaluation
reserve
£   
At 1st December 2023
and 30th November 2024 971,950