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REGISTERED NUMBER: 07879416 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

GRAVEL HILL FARM LIMITED

GRAVEL HILL FARM LIMITED (REGISTERED NUMBER: 07879416)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


GRAVEL HILL FARM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: H A Foxton





REGISTERED OFFICE: Gravel Hill Farm
Ganstead Lane
Swine
Hull
East Yorkshire
HU11 4JA





REGISTERED NUMBER: 07879416 (England and Wales)





ACCOUNTANTS: Bradbury & Co
Chartered Tax Advisers and Accountants
Driffield

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
GRAVEL HILL FARM LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Gravel Hill Farm Limited for the year ended 30 June 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Gravel Hill Farm Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Gravel Hill Farm Limited and state those matters that we have agreed to state to the director of Gravel Hill Farm Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Gravel Hill Farm Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Gravel Hill Farm Limited. You consider that Gravel Hill Farm Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Gravel Hill Farm Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bradbury & Co
Chartered Tax Advisers and Accountants
Driffield


18 June 2025

GRAVEL HILL FARM LIMITED (REGISTERED NUMBER: 07879416)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 410,541 415,659
Investments 5 1 1
410,542 415,660

CURRENT ASSETS
Stocks 458,851 396,023
Debtors 6 1,415,844 1,332,258
Cash at bank - 28,620
1,874,695 1,756,901
CREDITORS
Amounts falling due within one year 7 (453,426 ) (496,044 )
NET CURRENT ASSETS 1,421,269 1,260,857
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,831,811

1,676,517

CREDITORS
Amounts falling due after more than one
year

8

(385,654

)

(187,062

)
NET ASSETS 1,446,157 1,489,455

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,446,057 1,489,355
SHAREHOLDERS' FUNDS 1,446,157 1,489,455

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

GRAVEL HILL FARM LIMITED (REGISTERED NUMBER: 07879416)

BALANCE SHEET - continued
30 JUNE 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 June 2025 and were signed by:





H A Foxton - Director


GRAVEL HILL FARM LIMITED (REGISTERED NUMBER: 07879416)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Gravel Hill Farm 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.

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.

Freehold land is not depreciated.

Buildings2.5% - 10% straight line
Plant and machinery2.5% - 50% straight line/reducing balance
Fixtures and fittings10% - 25% straight line/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 Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

GRAVEL HILL FARM LIMITED (REGISTERED NUMBER: 07879416)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 385,682 51,478 437,160
DEPRECIATION
At 1 July 2023 - 21,501 21,501
Charge for year - 5,118 5,118
At 30 June 2024 - 26,619 26,619
NET BOOK VALUE
At 30 June 2024 385,682 24,859 410,541
At 30 June 2023 385,682 29,977 415,659

Included in the cost of land and buildings is freehold land of £385,682 which is not depreciated.

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2023
and 30 June 2024 1
NET BOOK VALUE
At 30 June 2024 1
At 30 June 2023 1

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 12,325 27,534
Other debtors 1,403,519 1,304,724
1,415,844 1,332,258

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 143,727 56,734
Hire purchase contracts 7,502 7,502
Trade creditors 56,337 35,966
Taxation and social security 47,180 82,181
Other creditors 198,680 313,661
453,426 496,044

GRAVEL HILL FARM LIMITED (REGISTERED NUMBER: 07879416)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 383,162 177,693
Hire purchase contracts 2,492 9,369
385,654 187,062

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 192,282 75,960

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 101,819 33,234
Bank loans 425,070 201,193
526,889 234,427

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
H A Foxton
Balance outstanding at start of year 974,474 792,342
Amounts advanced 136,756 224,529
Amounts repaid (67,244 ) (42,397 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,043,986 974,474

11. ULTIMATE CONTROLLING PARTY

The controlling party is H A Foxton.