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REGISTERED NUMBER: 11243604 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

RJ GODDARD & SON FARMING LIMITED

RJ GODDARD & SON FARMING LIMITED (REGISTERED NUMBER: 11243604)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RJ GODDARD & SON FARMING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: Mrs T V Underwood





REGISTERED OFFICE: 25 St Thomas Street
Winchester
Hampshire
SO23 9HJ





REGISTERED NUMBER: 11243604 (England and Wales)





ACCOUNTANTS: Martin and Company
Two Brewers House
50 North Street
Thame
Oxfordshire
OX9 3BH

RJ GODDARD & SON FARMING LIMITED (REGISTERED NUMBER: 11243604)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,569,505 2,047,939

CURRENT ASSETS
Stocks 21,314 37,644
Debtors 5 11,791 22,812
Cash at bank 292,507 242,050
325,612 302,506
CREDITORS
Amounts falling due within one year 6 98,790 94,906
NET CURRENT ASSETS 226,822 207,600
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,796,327

2,255,539

PROVISIONS FOR LIABILITIES 143,126 9,678
NET ASSETS 2,653,201 2,245,861

CAPITAL AND RESERVES
Called up share capital 2,000,000 2,000,000
Revaluation reserve 7 414,750 -
Retained earnings 238,451 245,861
2,653,201 2,245,861

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

RJ GODDARD & SON FARMING LIMITED (REGISTERED NUMBER: 11243604)

BALANCE SHEET - continued
31 MARCH 2025


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 director and authorised for issue on 27 May 2025 and were signed by:





Mrs T V Underwood - Director


RJ GODDARD & SON FARMING LIMITED (REGISTERED NUMBER: 11243604)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

RJ Goddard & Son 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 as modified by the revaluation of certain assets.

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 - 15% on reducing balance

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.

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 2 (2024 - 2 ) .

RJ GODDARD & SON FARMING LIMITED (REGISTERED NUMBER: 11243604)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST OR VALUATION
At 1 April 2024 1,997,000 76,284 2,073,284
Additions - 869 869
Disposals - (39,950 ) (39,950 )
Revaluations 553,000 - 553,000
At 31 March 2025 2,550,000 37,203 2,587,203
DEPRECIATION
At 1 April 2024 - 25,345 25,345
Charge for year - 3,440 3,440
Eliminated on disposal - (11,087 ) (11,087 )
At 31 March 2025 - 17,698 17,698
NET BOOK VALUE
At 31 March 2025 2,550,000 19,505 2,569,505
At 31 March 2024 1,997,000 50,939 2,047,939

Cost or valuation at 31 March 2025 is represented by:

Freehold Plant and
property machinery Totals
£    £    £   
Valuation in 2025 2,550,000 - 2,550,000
Cost - 37,203 37,203
2,550,000 37,203 2,587,203

The revaluation of the freehold property was carried out by Carter Jonas on 1 November 2024.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Directors' current accounts - 578
VAT 1,447 4,876
Prepayments and accrued income 10,344 17,358
11,791 22,812

RJ GODDARD & SON FARMING LIMITED (REGISTERED NUMBER: 11243604)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Amounts owed to group undertakings 3,204 3,204
Other creditors 81,632 84,730
Directors' current accounts 18 -
Accrued expenses 13,936 6,972
98,790 94,906

7. RESERVES
Revaluation
reserve
£   
Freehold revaluation 414,750

At 31 March 2025 414,750

8. RELATED PARTY DISCLOSURES

At 31 March 2025 the total amount owed to the director from the company was £18 (2024: £578 was owed by the director).

The estate of E M Goddard, a shareholder, was owed £81,632 (2024: £84,730) by the company at the year end.