Silverfin false false 31/10/2024 01/11/2023 31/10/2024 Mr C P Bloomer 31/07/2018 Mr J F Bloomer 31/07/2018 Mr C A Bloomer 08/09/1989 Mr J F Bloomer 05 June 2025 The principal activity of the company is raising of poultry. 01945403 2024-10-31 01945403 bus:Director1 2024-10-31 01945403 bus:Director2 2024-10-31 01945403 bus:Director3 2024-10-31 01945403 2023-10-31 01945403 core:CurrentFinancialInstruments 2024-10-31 01945403 core:CurrentFinancialInstruments 2023-10-31 01945403 core:ShareCapital 2024-10-31 01945403 core:ShareCapital 2023-10-31 01945403 core:RetainedEarningsAccumulatedLosses 2024-10-31 01945403 core:RetainedEarningsAccumulatedLosses 2023-10-31 01945403 core:Non-standardIntangibleAssetClass3ComponentIntangibleAssetsOtherThanGoodwill 2023-10-31 01945403 core:Non-standardIntangibleAssetClass3ComponentIntangibleAssetsOtherThanGoodwill 2024-10-31 01945403 core:LandBuildings 2023-10-31 01945403 core:PlantMachinery 2023-10-31 01945403 core:Vehicles 2023-10-31 01945403 core:FurnitureFittings 2023-10-31 01945403 core:ComputerEquipment 2023-10-31 01945403 core:LandBuildings 2024-10-31 01945403 core:PlantMachinery 2024-10-31 01945403 core:Vehicles 2024-10-31 01945403 core:FurnitureFittings 2024-10-31 01945403 core:ComputerEquipment 2024-10-31 01945403 core:CostValuation 2023-10-31 01945403 core:RevaluationsIncreaseDecreaseInInvestments 2024-10-31 01945403 core:CostValuation 2024-10-31 01945403 2023-11-01 2024-10-31 01945403 bus:FilletedAccounts 2023-11-01 2024-10-31 01945403 bus:SmallEntities 2023-11-01 2024-10-31 01945403 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 01945403 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 01945403 bus:Director1 2023-11-01 2024-10-31 01945403 bus:Director2 2023-11-01 2024-10-31 01945403 bus:Director3 2023-11-01 2024-10-31 01945403 bus:CompanySecretary1 2023-11-01 2024-10-31 01945403 core:LandBuildings core:TopRangeValue 2023-11-01 2024-10-31 01945403 core:PlantMachinery 2023-11-01 2024-10-31 01945403 core:Vehicles 2023-11-01 2024-10-31 01945403 core:FurnitureFittings 2023-11-01 2024-10-31 01945403 core:ComputerEquipment 2023-11-01 2024-10-31 01945403 2022-11-01 2023-10-31 01945403 core:LandBuildings 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Company No: 01945403 (England and Wales)

# BYBROOK AGRICULTURE LIMITED

### Unaudited Financial Statements
For the financial year ended 31 October 2024
Pages for filing with the registrar

BYBROOK AGRICULTURE LIMITED

## Unaudited Financial Statements

For the financial year ended 31 October 2024

Contents

BYBROOK AGRICULTURE LIMITED

## BALANCE SHEET

As at 31 October 2024
BYBROOK AGRICULTURE LIMITED

## BALANCE SHEET (continued)

As at 31 October 2024

| Note | 2024 |  | 2023
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 4 | 4,758,859 |  | 4,619,252
Investments | 5 | 348,967 |  | 335,125
|  | 5,107,826 |  | 4,954,377
Current assets |  |  |  |
Stocks |  | 147,065 |  | 97,787
Debtors | 6 | 290,789 |  | 126,036
Cash at bank and in hand |  | 3,503,425 |  | 3,994,134
|  | 3,941,279 |  | 4,217,957
Creditors: amounts falling due within one year | 7 | ( 1,095,481) |  | ( 1,266,285)
Net current assets |  | 2,845,798 |  | 2,951,672
Total assets less current liabilities |  | 7,953,624 |  | 7,906,049
Provision for liabilities |  | ( 285,158) |  | ( 209,641)
Net assets |  | 7,668,466 |  | 7,696,408
Capital and reserves |  |  |  |
Called-up share capital |  | 90 |  | 90
Profit and loss account |  | 7,668,376 |  | 7,696,318
Total shareholders' funds |  | 7,668,466 |  | 7,696,408

For the financial year ending 31 October 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- 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; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Bybrook Agriculture Limited (registered number: 01945403) were approved and authorised for issue by the Board of Directors on 05 June 2025. They were signed on its behalf by:

Mr C A Bloomer Director |

BYBROOK AGRICULTURE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
BYBROOK AGRICULTURE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Bybrook Agriculture Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Hitchcock House, Hilltop Park, Devizes Road, Salisbury, SP3 4UF United Kingdom.
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

##### Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

##### Taxation

Current tax
Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Deferred tax
Deferred tax is recognised on all timing differences at the balance sheet date unless indicated below. Timing differences are differences between taxable profits and the results as stated in the profit and loss account and other comprehensive income. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Tangible fixed assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Land and buildings | 50 years straight line
Plant and machinery | 25 % reducing balance
Vehicles | 33 % reducing balance
Fixtures and fittings | 25 % reducing balance
Computer equipment | 25 % reducing balance

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are 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.

##### Financial instruments

**Classification**
The company holds the following financial instruments:
• Short term trade and other debtors and creditors;
• Bank loans; and
• Cash and bank balances.
All financial instruments are classified as basic.
**Recognition and measurement**
The company has chosen to apply the recognition and measurement principles in FRS102.
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
Bank loans are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.

##### Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

#### 2. Employees

| 2024 |  | 2023
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 25 |  | 26

#### 3. Intangible assets

| Entitlements |  | Total
| £ |  | £
Cost |  |  |
At 01 November 2023 | 6,389 |  | 6,389
At 31 October 2024 | 6,389 |  | 6,389
Accumulated amortisation |  |  |
At 01 November 2023 | 6,389 |  | 6,389
At 31 October 2024 | 6,389 |  | 6,389
Net book value |  |  |
At 31 October 2024 | 0 |  | 0
At 31 October 2023 | 0 |  | 0

#### 4. Tangible assets

| Land and buildings |  | Plant and machinery |  | Vehicles |  | Fixtures and fittings |  | Computer equipment |  | Total
| £ |  | £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |  |  |
At 01 November 2023 | 5,807,777 |  | 1,333,256 |  | 33,333 |  | 41,437 |  | 0 |  | 7,215,803
Additions | 0 |  | 274,803 |  | 52,058 |  | 0 |  | 745 |  | 327,606
At 31 October 2024 | 5,807,777 |  | 1,608,059 |  | 85,391 |  | 41,437 |  | 745 |  | 7,543,409
Accumulated depreciation |  |  |  |  |  |  |  |  |  |  |
At 01 November 2023 | 1,470,656 |  | 1,058,055 |  | 29,958 |  | 37,882 |  | 0 |  | 2,596,551
Charge for the financial year | 72,677 |  | 107,479 |  | 6,840 |  | 890 |  | 113 |  | 187,999
At 31 October 2024 | 1,543,333 |  | 1,165,534 |  | 36,798 |  | 38,772 |  | 113 |  | 2,784,550
Net book value |  |  |  |  |  |  |  |  |  |  |
At 31 October 2024 | 4,264,444 |  | 442,525 |  | 48,593 |  | 2,665 |  | 632 |  | 4,758,859
At 31 October 2023 | 4,337,121 |  | 275,201 |  | 3,375 |  | 3,555 |  | 0 |  | 4,619,252

Included within the net book value of land and buildings above is £3,320,711 (2023 - £3,325,637) in respect of freehold land and buildings

#### 5. Fixed asset investments

| Other investments |  | Total
| £ |  | £
Cost or valuation before impairment |  |  |
At 01 November 2023 | 335,125 |  | 335,125
Movement in fair value | 13,842 |  | 13,842
At 31 October 2024 | 348,967 |  | 348,967
Carrying value at 31 October 2024 | 348,967 |  | 348,967
Carrying value at 31 October 2023 | 335,125 |  | 335,125

#### 6. Debtors

| 2024 |  | 2023
| £ |  | £
Trade debtors | 74,966 |  | 83,637
Other debtors | 215,823 |  | 42,399
| 290,789 |  | 126,036

#### 7. Creditors: amounts falling due within one year

| 2024 |  | 2023
| £ |  | £
Trade creditors | 339,077 |  | 428,431
Amounts owed to directors | 314,286 |  | 263,849
Accruals and deferred income | 129,412 |  | 125,069
Taxation and social security | 56,715 |  | 188,290
Other creditors | 255,991 |  | 260,646
| 1,095,481 |  | 1,266,285