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REGISTERED NUMBER: 00789214 (England and Wales)










Old Park Farm Limited

Financial Statements

for the Year Ended 30th September 2024






Old Park Farm Limited (Registered number: 00789214)






Contents of the Financial Statements
for the Year Ended 30th September 2024




Page

Balance Sheet 1 to 2

Notes to the Financial Statements 3 to 5


Old Park Farm Limited (Registered number: 00789214)

Balance Sheet
30th September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 223,296 219,957
Investments 5 20 20
223,316 219,977

CURRENT ASSETS
Stocks 29,073 27,573
Debtors 6 4,441 14,900
33,514 42,473
CREDITORS
Amounts falling due within one year 7 42,412 38,826
NET CURRENT (LIABILITIES)/ASSETS (8,898 ) 3,647
TOTAL ASSETS LESS CURRENT
LIABILITIES

214,418

223,624

CREDITORS
Amounts falling due after more than one
year

8

70,000

89,333
NET ASSETS 144,418 134,291

CAPITAL AND RESERVES
Called up share capital 10,003 10,003
Revaluation reserve 9 194,586 194,586
Retained earnings (60,171 ) (70,298 )
SHAREHOLDERS' FUNDS 144,418 134,291

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

Old Park Farm Limited (Registered number: 00789214)

Balance Sheet - continued
30th September 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 7th June 2025 and were signed on its behalf by:





A M Blyth - Director


Old Park Farm Limited (Registered number: 00789214)

Notes to the Financial Statements
for the Year Ended 30th September 2024

1. STATUTORY INFORMATION

Old Park Farm Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 00789214

Registered office: Old Park Farm
Devizes
Wiltshire
SN10 5JP

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 15% on reducing balance
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and Motor
property property machinery vehicles Totals
£    £    £    £    £   
COST OR VALUATION
At 1st October 2023 215,050 93,150 80,981 10,680 399,861
Additions - 4,795 - - 4,795
At 30th September 2024 215,050 97,945 80,981 10,680 404,656
DEPRECIATION
At 1st October 2023 - 91,080 78,147 10,677 179,904
Charge for year - 1,030 425 1 1,456
At 30th September 2024 - 92,110 78,572 10,678 181,360
NET BOOK VALUE
At 30th September 2024 215,050 5,835 2,409 2 223,296
At 30th September 2023 215,050 2,070 2,834 3 219,957

Old Park Farm Limited (Registered number: 00789214)

Notes to the Financial Statements - continued
for the Year Ended 30th September 2024

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 30th September 2024 is represented by:

Improvements
Freehold to Plant and Motor
property property machinery vehicles Totals
£    £    £    £    £   
Valuation in 2010 60,000 - - - 60,000
Valuation in 2022 134,586 - - - 134,586
Cost 20,464 97,945 80,981 10,680 210,070
215,050 97,945 80,981 10,680 404,656

If freehold land had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 20,464 20,464

Value of land in freehold land and buildings 20,464 20,464

Freehold land was valued on an open market basis on 4th October 2022 by Mr Charles Lucas of Woolley and Wallis .

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st October 2023
and 30th September 2024 20
NET BOOK VALUE
At 30th September 2024 20
At 30th September 2023 20

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 7,971
Other debtors 4,441 6,929
4,441 14,900

Old Park Farm Limited (Registered number: 00789214)

Notes to the Financial Statements - continued
for the Year Ended 30th September 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 26,355 28,449
Trade creditors 2,550 2,804
Other creditors 13,507 7,573
42,412 38,826

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 70,000 89,333

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 70,000 89,333

9. RESERVES
Revaluation
reserve
£   
At 1st October 2023
and 30th September 2024 194,586