IRIS Accounts Production v25.1.0.734 07816314 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078163142023-09-30078163142024-09-30078163142023-10-012024-09-30078163142022-09-30078163142022-10-012023-09-30078163142023-09-3007816314ns15:EnglandWales2023-10-012024-09-3007816314ns14:PoundSterling2023-10-012024-09-3007816314ns10:Director12023-10-012024-09-3007816314ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3007816314ns10:SmallEntities2023-10-012024-09-3007816314ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3007816314ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3007816314ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3007816314ns10:FullAccounts2023-10-012024-09-3007816314ns10:OrdinaryShareClass22023-10-012024-09-3007816314ns10:OrdinaryShareClass32023-10-012024-09-3007816314ns10:Director22023-10-012024-09-3007816314ns10:RegisteredOffice2023-10-012024-09-3007816314ns5:CurrentFinancialInstruments2024-09-3007816314ns5:CurrentFinancialInstruments2023-09-3007816314ns5:ShareCapital2024-09-3007816314ns5:ShareCapital2023-09-3007816314ns5:RetainedEarningsAccumulatedLosses2024-09-3007816314ns5:RetainedEarningsAccumulatedLosses2023-09-3007816314ns5:PlantMachinery2023-10-012024-09-3007816314ns5:LandBuildings2023-09-3007816314ns5:PlantMachinery2023-09-3007816314ns5:LandBuildings2023-10-012024-09-3007816314ns5:LandBuildings2024-09-3007816314ns5:PlantMachinery2024-09-3007816314ns5:LandBuildings2023-09-3007816314ns5:PlantMachinery2023-09-3007816314ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3007816314ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3007816314ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-09-3007816314ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2023-09-3007816314ns10:OrdinaryShareClass22024-09-3007816314ns10:OrdinaryShareClass32024-09-30078163141ns10:Director12023-09-30078163141ns10:Director12022-09-30078163141ns10:Director12023-10-012024-09-30078163141ns10:Director12022-10-012023-09-30078163141ns10:Director12024-09-30078163141ns10:Director12023-09-30
REGISTERED NUMBER: 07816314 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 September 2024

for

N HANSON FARMING LIMITED

N HANSON FARMING LIMITED (REGISTERED NUMBER: 07816314)

Contents of the Financial Statements
for the year ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


N HANSON FARMING LIMITED

Company Information
for the year ended 30 September 2024







Directors: N Hanson
C Hanson





Registered office: C/O Cooper Parry
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 07816314 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

N HANSON FARMING LIMITED (REGISTERED NUMBER: 07816314)

Balance Sheet
30 September 2024

30/9/24 30/9/23
Notes £ £ £
Fixed assets
Tangible assets 4 206,062 119,873

Current assets
Stocks 107,037 105,420
Debtors 5 15,164 113,185
Cash at bank 133,096 139,609
255,297 358,214
Creditors
Amounts falling due within one year 6 30,168 62,052
Net current assets 225,129 296,162
Total assets less current liabilities 431,191 416,035

Provisions for liabilities 19,543 27,341
Net assets 411,648 388,694

Capital and reserves
Called up share capital 8 100 100
Retained earnings 411,548 388,594
Shareholders' funds 411,648 388,694

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

N HANSON FARMING LIMITED (REGISTERED NUMBER: 07816314)

Balance Sheet - continued
30 September 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 17 April 2025 and were signed on its behalf by:





N Hanson - Director


N HANSON FARMING LIMITED (REGISTERED NUMBER: 07816314)

Notes to the Financial Statements
for the year ended 30 September 2024


1. Statutory information

N Hanson Farming 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.

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.
Plant and machinery etc - 25% on reducing balance and 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Going concern
The director has made an assessment of the company's ability to continue as a going concern and has identified no material uncertainties that may cast significant doubt on the ability of the company to continue as a going concern for the foreseeable future.

N HANSON FARMING LIMITED (REGISTERED NUMBER: 07816314)

Notes to the Financial Statements - continued
for the year ended 30 September 2024


2. Accounting policies - continued

Pension scheme
The company operates a registered self-administered defined contribution pension scheme for the sole benefit of its director. Contributions were made to the scheme during the year of £Nil (2018 - £ nil).

3. Employees and directors

The average number of employees during the year was 4 (2023 - 2 ) .

4. Tangible fixed assets
Plant and
Land and machinery
buildings etc Totals
£ £ £
Cost
At 1 October 2023 - 493,291 493,291
Additions 113,000 4,143 117,143
At 30 September 2024 113,000 497,434 610,434
Depreciation
At 1 October 2023 - 373,418 373,418
Charge for year - 30,954 30,954
At 30 September 2024 - 404,372 404,372
Net book value
At 30 September 2024 113,000 93,062 206,062
At 30 September 2023 - 119,873 119,873

5. Debtors: amounts falling due within one year
30/9/24 30/9/23
£ £
Other debtors 15,164 113,185

6. Creditors: amounts falling due within one year
30/9/24 30/9/23
£ £
Hire purchase contracts (see note 7) - 7,900
Taxation and social security 14,367 18,158
Other creditors 15,801 35,994
30,168 62,052

N HANSON FARMING LIMITED (REGISTERED NUMBER: 07816314)

Notes to the Financial Statements - continued
for the year ended 30 September 2024


7. Leasing agreements

Minimum lease payments fall due as follows:

Hire purchase contracts
30/9/24 30/9/23
£ £
Net obligations repayable:
Within one year - 7,900

The company has an obligation under an operating lease to pay rent of £2,702 per annum.

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 30/9/24 30/9/23
value: £ £
51 Ordinary A 1 51 51
49 Ordinary B 1 49 49
100 100

The directors capitalised the sum of £99 being part of the company's undivided profits standing to the credit of the profit and loss account.The new shares are deemed as fully paid up and issued in direct proportion to each member's existing holding of ordinary shares.

The 100 issued ordinary shares of £1 each in the company were reclassified as 51 ordinary A Shares of £1 each and 49 ordinary B Shares of £1each.

9. Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

30/9/24 30/9/23
£ £
N Hanson
Balance outstanding at start of year 103,751 25,121
Amounts advanced 70,041 161,298
Amounts repaid (166,000 ) (82,668 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,792 103,751

10. Ultimate controlling party

The controlling party is N Hanson.