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REGISTERED NUMBER: 11306174 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

WESTWOOD PARK FARM LIMITED

WESTWOOD PARK FARM LIMITED (REGISTERED NUMBER: 11306174)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WESTWOOD PARK FARM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: Mrs L Humphreys
B S Humphreys





SECRETARY:





REGISTERED OFFICE: Ground Floor, Create Business Hub
5 Rayleigh Road
Shenfield
Brentwood
Essex
CM13 1AB





REGISTERED NUMBER: 11306174 (England and Wales)





ACCOUNTANTS: Xeinadin South East Ltd
Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB

WESTWOOD PARK FARM LIMITED (REGISTERED NUMBER: 11306174)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,580,219 2,702,777

CURRENT ASSETS
Stocks 431,739 364,615
Debtors 5 920,349 954,993
Cash at bank and in hand 174,772 71,760
1,526,860 1,391,368
CREDITORS
Amounts falling due within one year 6 885,708 848,853
NET CURRENT ASSETS 641,152 542,515
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,221,371

3,245,292

CREDITORS
Amounts falling due after more than one
year

7

(684,478

)

(696,829

)

PROVISIONS FOR LIABILITIES (49,945 ) (513,528 )
NET ASSETS 2,486,948 2,034,935

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 837,314 837,314
Retained earnings 1,649,534 1,197,521
2,486,948 2,034,935

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

WESTWOOD PARK FARM LIMITED (REGISTERED NUMBER: 11306174)

BALANCE SHEET - continued
31 MAY 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 21 May 2025 and were signed on its behalf by:





B S Humphreys - Director


WESTWOOD PARK FARM LIMITED (REGISTERED NUMBER: 11306174)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Westwood Park Farm 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.

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

WESTWOOD PARK FARM LIMITED (REGISTERED NUMBER: 11306174)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 June 2023 2,395,992 212,148 2,835
Disposals - - -
Reclassification/transfer - - 97,894
At 31 May 2024 2,395,992 212,148 100,729
DEPRECIATION
At 1 June 2023 - 59,173 1,394
Charge for year - 30,073 288
Eliminated on disposal - - -
Reclassification/transfer 97,894 - -
At 31 May 2024 97,894 89,246 1,682
NET BOOK VALUE
At 31 May 2024 2,298,098 122,902 99,047
At 31 May 2023 2,395,992 152,975 1,441

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 June 2023 202,215 2,037 2,815,227
Disposals (82,353 ) - (82,353 )
Reclassification/transfer - - 97,894
At 31 May 2024 119,862 2,037 2,830,768
DEPRECIATION
At 1 June 2023 50,620 1,263 112,450
Charge for year 14,977 509 45,847
Eliminated on disposal (5,642 ) - (5,642 )
Reclassification/transfer - - 97,894
At 31 May 2024 59,955 1,772 250,549
NET BOOK VALUE
At 31 May 2024 59,907 265 2,580,219
At 31 May 2023 151,595 774 2,702,777

WESTWOOD PARK FARM LIMITED (REGISTERED NUMBER: 11306174)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 16,318 10,247
Amounts owed by group undertakings 902,023 941,808
Other debtors 2,008 -
Prepayments and accrued income - 2,938
920,349 954,993

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 31,870 52,353
Hire purchase contracts 12,351 14,052
Trade creditors 412,259 419,719
Amounts owed to group undertakings 185,285 142,725
Tax 17,886 119,002
Social security and other taxes 287 248
VAT 10,176 2,692
Other creditors 27 -
Directors' current accounts 145,005 94,562
Accruals and deferred income 70,562 3,500
885,708 848,853

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 43,194 43,194
Bank loans - 2-5 years 113,948 113,948
Bank loans more 5 yr by instal 506,335 506,335
Hire purchase contracts 21,001 33,352
684,478 696,829

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 506,335 506,335

8. RESERVES
Revaluation
reserve
£   
At 1 June 2023
and 31 May 2024 837,314