Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-312025-05-2832023-09-01falseArable Farming3truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04804933 2023-09-01 2024-08-31 04804933 2022-09-01 2023-08-31 04804933 2024-08-31 04804933 2023-08-31 04804933 c:Director2 2023-09-01 2024-08-31 04804933 d:Buildings d:ShortLeaseholdAssets 2023-09-01 2024-08-31 04804933 d:Buildings d:ShortLeaseholdAssets 2024-08-31 04804933 d:Buildings d:ShortLeaseholdAssets 2023-08-31 04804933 d:PlantMachinery 2023-09-01 2024-08-31 04804933 d:PlantMachinery 2024-08-31 04804933 d:PlantMachinery 2023-08-31 04804933 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04804933 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04804933 d:PatentsTrademarksLicencesConcessionsSimilar 2023-09-01 2024-08-31 04804933 d:PatentsTrademarksLicencesConcessionsSimilar 2024-08-31 04804933 d:PatentsTrademarksLicencesConcessionsSimilar 2023-08-31 04804933 d:CopyrightsPatentsTrademarksServiceOperatingRights 2023-09-01 2024-08-31 04804933 d:CopyrightsPatentsTrademarksServiceOperatingRights 2024-08-31 04804933 d:CopyrightsPatentsTrademarksServiceOperatingRights 2023-08-31 04804933 d:CurrentFinancialInstruments 2024-08-31 04804933 d:CurrentFinancialInstruments 2023-08-31 04804933 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 04804933 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 04804933 d:ShareCapital 2024-08-31 04804933 d:ShareCapital 2023-08-31 04804933 d:RetainedEarningsAccumulatedLosses 2024-08-31 04804933 d:RetainedEarningsAccumulatedLosses 2023-08-31 04804933 c:OrdinaryShareClass1 2023-09-01 2024-08-31 04804933 c:OrdinaryShareClass1 2024-08-31 04804933 c:OrdinaryShareClass1 2023-08-31 04804933 c:FRS102 2023-09-01 2024-08-31 04804933 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 04804933 c:FullAccounts 2023-09-01 2024-08-31 04804933 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 04804933 6 2023-09-01 2024-08-31 04804933 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2023-09-01 2024-08-31 04804933 d:CopyrightsPatentsTrademarksServiceOperatingRights d:OwnedIntangibleAssets 2023-09-01 2024-08-31 04804933 e:PoundSterling 2023-09-01 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04804933









PLEDGDON HALL FARM LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
PLEDGDON HALL FARM LIMITED
REGISTERED NUMBER: 04804933

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

FIXED ASSETS
  

Intangible assets
 4 
6,000
8,000

Tangible assets
 5 
3,443
4,295

Investments
 6 
20
20

  
9,463
12,315

CURRENT ASSETS
  

Stocks
  
262,572
278,189

Debtors: amounts falling due within one year
 7 
49,590
241,792

Cash at bank and in hand
  
315,328
161,763

  
627,490
681,744

Creditors: amounts falling due within one year
 8 
(40,399)
(72,396)

NET CURRENT ASSETS
  
 
 
587,091
 
 
609,348

  

NET ASSETS
  
596,554
621,663


CAPITAL AND RESERVES
  

Called up share capital 
 9 
2,000
2,000

Profit and loss account
  
594,554
619,663

  
596,554
621,663


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Page 1

 
PLEDGDON HALL FARM LIMITED
REGISTERED NUMBER: 04804933
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




J R C Smith
Director

Date: 28 May 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
PLEDGDON HALL FARM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


GENERAL INFORMATION

Pledgdon Hall Farm Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is Pledgdon Hall, Henham, Essex, CM22 6BJ.
The Company's functional and presentational currency is GBP.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

  
2.2

TURNOVER

Turnover comprises revenue recognised by the Company in respect of income from the sale of crops and related farming subsidies, income from contract work done and management services rendered during the year.
Income from the sale of crops and related goods is recognised on despatch of goods.
Income from the sale of services in respect of contract work done and management fees is recognised on the date the work was completed.

 
2.3

OPERATING LEASES: THE COMPANY AS LESSEE

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.5

INTANGIBLE ASSETS

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 3

 
PLEDGDON HALL FARM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.6

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance or straight line basis.

Depreciation is provided on the following basis:

Leasehold Property
-
10%
straight line
Plant and machinery
-
20%
reducing balance

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

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

VALUATION OF INVESTMENTS

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and Loss Account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.8

STOCKS

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 4

 
PLEDGDON HALL FARM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.11

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


INTANGIBLE ASSETS




Camgrain rights
Entitlements
Total

£
£
£



COST


At 1 September 2023
35,250
4,472
39,722


Disposals
-
(4,472)
(4,472)



At 31 August 2024

35,250
-
35,250



AMORTISATION


At 1 September 2023
27,250
4,472
31,722


Charge for the year on owned assets
2,000
-
2,000


On disposals
-
(4,472)
(4,472)



At 31 August 2024

29,250
-
29,250



NET BOOK VALUE



At 31 August 2024
6,000
-
6,000



At 31 August 2023
8,000
-
8,000



Page 5

 
PLEDGDON HALL FARM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


TANGIBLE FIXED ASSETS





Leasehold Property
Plant and machinery
Total

£
£
£



COST OR VALUATION


At 1 September 2023
21,287
26,259
47,546



At 31 August 2024

21,287
26,259
47,546



DEPRECIATION


At 1 September 2023
21,287
21,964
43,251


Charge for the year on owned assets
-
852
852



At 31 August 2024

21,287
22,816
44,103



NET BOOK VALUE



At 31 August 2024
-
3,443
3,443



At 31 August 2023
-
4,295
4,295


6.


FIXED ASSET INVESTMENTS





Unlisted investments

£



COST


At 1 September 2023
20



At 31 August 2024
20




Page 6

 
PLEDGDON HALL FARM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

7.


DEBTORS

2024
2023
£
£


Trade debtors
13,866
55,299

Other debtors
35,724
186,493

49,590
241,792



8.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Trade creditors
27,430
9,000

Corporation tax
-
20,150

Other creditors
2,494
16,851

Accruals and deferred income
10,475
26,395

40,399
72,396



9.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



2,000 (2023 - 2,000) Ordinary shares of £1.00 each
2,000
2,000


 
Page 7