Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 12836581 Mrs H J Cox Mr O C Cox Mr T E Cox Mr C E Cox iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12836581 2023-08-31 12836581 2024-08-31 12836581 2023-09-01 2024-08-31 12836581 frs-core:CurrentFinancialInstruments 2024-08-31 12836581 frs-core:Non-currentFinancialInstruments 2024-08-31 12836581 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-31 12836581 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 12836581 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-31 12836581 frs-core:MotorVehicles 2024-08-31 12836581 frs-core:MotorVehicles 2023-09-01 2024-08-31 12836581 frs-core:MotorVehicles 2023-08-31 12836581 frs-core:PlantMachinery 2024-08-31 12836581 frs-core:PlantMachinery 2023-09-01 2024-08-31 12836581 frs-core:PlantMachinery 2023-08-31 12836581 frs-core:ShareCapital 2024-08-31 12836581 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12836581 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12836581 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 12836581 frs-bus:SmallEntities 2023-09-01 2024-08-31 12836581 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12836581 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12836581 frs-bus:Director1 2023-09-01 2024-08-31 12836581 frs-bus:Director2 2023-09-01 2024-08-31 12836581 frs-bus:Director3 2023-09-01 2024-08-31 12836581 frs-bus:Director4 2023-09-01 2024-08-31 12836581 frs-countries:EnglandWales 2023-09-01 2024-08-31 12836581 2022-08-31 12836581 2023-08-31 12836581 2022-09-01 2023-08-31 12836581 frs-core:CurrentFinancialInstruments 2023-08-31 12836581 frs-core:Non-currentFinancialInstruments 2023-08-31 12836581 frs-core:ShareCapital 2023-08-31 12836581 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 12836581
Wykeham Fields Farm Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Grenfell James Associates Limited
13 The Courtyard
Timothy's Bridge Road
Stratford-upon-Avon
Warwickshire
CV37 9NP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12836581
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 369,479 242,809
369,479 242,809
CURRENT ASSETS
Stocks 5 102,732 65,000
Debtors 6 46,100 89,574
Cash at bank and in hand 9,963 164,724
158,795 319,298
Creditors: Amounts Falling Due Within One Year 7 (33,241 ) (200,456 )
NET CURRENT ASSETS (LIABILITIES) 125,554 118,842
TOTAL ASSETS LESS CURRENT LIABILITIES 495,033 361,651
Creditors: Amounts Falling Due After More Than One Year 8 (494,631 ) (338,631 )
NET ASSETS 402 23,020
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 302 22,920
SHAREHOLDERS' FUNDS 402 23,020
Page 1
Page 2
For the year ending 31 August 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr C E Cox
Director
19/05/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Wykeham Fields Farm Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12836581 . The registered office is Middle Hill Farm Sutton Lane, Brailes, Banbury, Oxfordshire, OX15 5BD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 2% Straight Line
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
2.4. Stocks and Work in Progress
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
Page 3
Page 4
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 September 2023 24,127 294,503 24,315 342,945
Additions 18,629 176,004 - 194,633
As at 31 August 2024 42,756 470,507 24,315 537,578
Depreciation
As at 1 September 2023 949 98,680 507 100,136
Provided during the period 700 61,311 5,952 67,963
As at 31 August 2024 1,649 159,991 6,459 168,099
Net Book Value
As at 31 August 2024 41,107 310,516 17,856 369,479
As at 1 September 2023 23,178 195,823 23,808 242,809
5. Stocks
2024 2023
£ £
Live stocks 82,750 55,000
Closing stock 19,982 10,000
102,732 65,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 14,059 6,369
Other debtors 32,041 83,205
46,100 89,574
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 13,484 27,076
Other creditors 19,757 173,380
33,241 200,456
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Amounts owed to group undertakings 494,631 338,631
Page 5