Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-312025-05-28false2023-09-01No description of principal activity00truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09195229 2023-09-01 2024-08-31 09195229 2022-09-01 2023-08-31 09195229 2024-08-31 09195229 2023-08-31 09195229 c:Director1 2023-09-01 2024-08-31 09195229 d:Buildings d:LongLeaseholdAssets 2023-09-01 2024-08-31 09195229 d:Buildings d:LongLeaseholdAssets 2024-08-31 09195229 d:Buildings d:LongLeaseholdAssets 2023-08-31 09195229 d:PlantMachinery 2023-09-01 2024-08-31 09195229 d:PlantMachinery 2024-08-31 09195229 d:PlantMachinery 2023-08-31 09195229 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 09195229 d:MotorVehicles 2023-09-01 2024-08-31 09195229 d:MotorVehicles 2024-08-31 09195229 d:MotorVehicles 2023-08-31 09195229 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 09195229 d:OfficeEquipment 2023-09-01 2024-08-31 09195229 d:OfficeEquipment 2024-08-31 09195229 d:OfficeEquipment 2023-08-31 09195229 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 09195229 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 09195229 d:CurrentFinancialInstruments 2024-08-31 09195229 d:CurrentFinancialInstruments 2023-08-31 09195229 d:Non-currentFinancialInstruments 2024-08-31 09195229 d:Non-currentFinancialInstruments 2023-08-31 09195229 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 09195229 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 09195229 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 09195229 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 09195229 d:ShareCapital 2024-08-31 09195229 d:ShareCapital 2023-08-31 09195229 d:RetainedEarningsAccumulatedLosses 2024-08-31 09195229 d:RetainedEarningsAccumulatedLosses 2023-08-31 09195229 c:OrdinaryShareClass1 2023-09-01 2024-08-31 09195229 c:OrdinaryShareClass1 2024-08-31 09195229 c:OrdinaryShareClass1 2023-08-31 09195229 c:FRS102 2023-09-01 2024-08-31 09195229 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 09195229 c:FullAccounts 2023-09-01 2024-08-31 09195229 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09195229 2 2023-09-01 2024-08-31 09195229 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 09195229









DENHAM VICARAGE FARM LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
DENHAM VICARAGE FARM LIMITED
REGISTERED NUMBER: 09195229

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2024
2023
2023
Note
£
£
£
£

FIXED ASSETS
  

Tangible assets
 4 
249,837
122,169

CURRENT ASSETS
  

Stocks
  
215,793
184,420

Debtors: amounts falling due within one year
 5 
457,009
720,481

Cash at bank and in hand
 6 
185
911

  
672,987
905,812

Creditors: amounts falling due within one year
 7 
(1,013,130)
(1,171,128)

NET CURRENT LIABILITIES
  
 
 
(340,143)
 
 
(265,316)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
(90,306)
(143,147)

Creditors: amounts falling due after more than one year
 8 
(11,369)
(21,594)

  

NET LIABILITIES
  
(101,675)
(164,741)


CAPITAL AND RESERVES
  

Called up share capital 
 9 
1
1

Profit and loss account
  
(101,676)
(164,742)

  
(101,675)
(164,741)


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.

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.

Page 1

 
DENHAM VICARAGE FARM LIMITED
REGISTERED NUMBER: 09195229
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024

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




W R Stanton
Director

Date: 28 May 2025

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

Page 2

 
DENHAM VICARAGE FARM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


GENERAL INFORMATION

The Company is a private company limited by shares and incorporated in England and Wales. The address of the registered office is Salisbury House, Station Road, Cambridge, CB1 2LA.
The principal place of business is Denham Vicarage Farm, Denham, Bury St Edmunds, Suffolk, IP29 5EF.
The 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

GOING CONCERN

The Company had net liabilities of £101,675 as at the balance sheet date (2023 - £164,741). The financial statements are prepared on the going concern basis on the assumption that the Company will continue to receive financial support from connected companies and its shareholders to enable it to meet its liabilities as they fall due.

 
2.3

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.
Income in respect of farming subsidies is recognised on payment.

 
2.4

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.

Page 3

 
DENHAM VICARAGE FARM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.ACCOUNTING POLICIES (CONTINUED)


2.4
TANGIBLE FIXED ASSETS (CONTINUED)

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:

Long-term leasehold property
-
10%
Straight line
Plant and machinery
-
20%
Reducing balance
Motor vehicles
-
20%
Reducing balance
Office equipment
-
25%
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.

 
2.5

STOCKS

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to compete and sell. Stocks are valued in accordance with the Guidance Notes of the RICS/CAAV and the HMRC Business Economics Notes BEN 19.

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 4

 
DENHAM VICARAGE FARM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.10

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.

 
2.11

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.


3.


EMPLOYEES

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).


4.


TANGIBLE FIXED ASSETS





Long-term leasehold property
Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£
£



COST OR VALUATION


At 1 September 2023
123,362
194,729
18,995
1,544
338,630


Additions
158,029
-
-
700
158,729



At 31 August 2024

281,391
194,729
18,995
2,244
497,359



DEPRECIATION


At 1 September 2023
76,974
123,942
15,078
467
216,461


Charge for the year on owned assets
15,734
14,158
783
386
31,061



At 31 August 2024

92,708
138,100
15,861
853
247,522



NET BOOK VALUE



At 31 August 2024
188,683
56,629
3,134
1,391
249,837



At 31 August 2023
46,388
70,787
3,917
1,077
122,169

Page 5

 
DENHAM VICARAGE FARM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


DEBTORS

2024
2023
£
£


Trade debtors
412,043
375,794

Other debtors
20,067
324,634

Prepayments and accrued income
24,899
20,053

457,009
720,481



6.


CASH AND CASH EQUIVALENTS

2024
2023
£
£

Cash at bank and in hand
185
911

Less: bank overdrafts
(24,525)
(22,495)

(24,340)
(21,584)



7.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Bank overdrafts
24,525
22,495

Bank loans
10,225
9,973

Trade creditors
73,098
76,338

Other creditors
828,616
1,012,379

Accruals and deferred income
76,666
49,943

1,013,130
1,171,128


Included in bank loans is a Government backed 'bounce back' loan of £10,225 (2023 - £9,973), which was drawn down in October 2020. This loan is 100% guaranteed by the Government and interest is charged on the loan at 2.5% per annum.

Page 6

 
DENHAM VICARAGE FARM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

8.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024
2023
£
£

Bank loans
11,369
21,594


Included in bank loans is a Government backed 'bounce back' loan of £11,369 (2023 - £21,594), which was drawn down in October 2020. This loan is 100% guaranteed by the Government and interest is charged on the loan at 2.5% per annum.


9.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



1,000 (2023 - 1,000) Ordinary shares of £0.001 each
1
1



10.OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies that are not included in the balance sheet amount to £60,000 (2023 - £60,000).


11.


TRANSACTIONS WITH DIRECTORS

Included within other debtors is an amount due from the directors of £NIL (2023 - £304,148). The loan is repayable on demand and interest is charged on the loan at the HMRC official rate of interest.
 
Page 7