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REGISTERED NUMBER: 09067214 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 MARCH 2024

FOR

PONDHEAD LIMITED

PONDHEAD LIMITED (REGISTERED NUMBER: 09067214)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 29 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

PONDHEAD LIMITED

COMPANY INFORMATION
for the year ended 29 March 2024







DIRECTORS: Mr R C Mabbutt
Mr P H Mabbutt
Mrs P C Mabbutt





REGISTERED OFFICE: Pondhead Farm
Beaulieu Road
Lyndhurst
SO43 7FZ





REGISTERED NUMBER: 09067214 (England and Wales)





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

PONDHEAD LIMITED (REGISTERED NUMBER: 09067214)

BALANCE SHEET
29 March 2024

29.3.24 29.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 52,235 69,647

CURRENT ASSETS
Stocks 29,742 74,825
Debtors 5 104,087 53,958
Cash at bank and in hand 51,440 51,515
185,269 180,298
CREDITORS
Amounts falling due within one year 6 201,439 204,993
NET CURRENT LIABILITIES (16,170 ) (24,695 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,065

44,952

CREDITORS
Amounts falling due after more than one year 7 (15,038 ) (22,477 )

PROVISIONS FOR LIABILITIES (900 ) (900 )
NET ASSETS 20,127 21,575

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 20,027 21,475
20,127 21,575

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 March 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.

PONDHEAD LIMITED (REGISTERED NUMBER: 09067214)

BALANCE SHEET - continued
29 March 2024


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 28 March 2025 and were signed on its behalf by:





Mrs P C Mabbutt - Director


PONDHEAD LIMITED (REGISTERED NUMBER: 09067214)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 29 March 2024

1. STATUTORY INFORMATION

Pondhead 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.

Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable from the sale of livestock, the provision of grazing land and the use of land for other non agricultural purposes.

Revenue is recognised on the sale of livestock when the livestock is delivered to the customer at which point the significant risks and rewards associated with the sale pass to the customer.

Revenue is recognised on the provision of grazing land in accordance with the terms of the rental agreements in place with the customer, at which time the significant risks and rewards associated with the service provided pass to the customer.

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 - 25% reducing balance basis.

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

Stocks
The company holds stocks of livestock, feed and consumables associated with its trade. The livestock is valued at market value whilst feed and consumables are valued at the lower of cost and net realisable value due to the fact that they are perishable. Stock is issued on a first in first out basis due the fact that it is perishable.

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.

Debtors
Debtors do not carry any 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 bank deposits with an original maturity of three months or less.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

PONDHEAD LIMITED (REGISTERED NUMBER: 09067214)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 29 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 30 March 2023
and 29 March 2024 250,886
DEPRECIATION
At 30 March 2023 181,239
Charge for year 17,412
At 29 March 2024 198,651
NET BOOK VALUE
At 29 March 2024 52,235
At 29 March 2023 69,647

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.3.24 29.3.23
£    £   
Trade debtors 83,219 29,418
Other debtors 20,868 24,540
104,087 53,958

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.3.24 29.3.23
£    £   
Bank loans and overdrafts 8,593 9,041
Trade creditors 5,602 3,432
Taxation and social security 69 2,336
Other creditors 187,175 190,184
201,439 204,993

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
29.3.24 29.3.23
£    £   
Bank loans 15,038 22,477

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
PONDHEAD 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 Income Statement 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 Pondhead Limited for the year ended 29 March 2024 which comprise the Income Statement, Balance Sheet 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 Pondhead 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 Pondhead Limited and state those matters that we have agreed to state to the Board of Directors of Pondhead 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 Pondhead Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Pondhead 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 loss of Pondhead Limited. You consider that Pondhead 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 Pondhead 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


28 March 2025