WALTER SMITH (FARMS) LIMITED

Company Registration Number:
00337081 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

WALTER SMITH (FARMS) LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

WALTER SMITH (FARMS) LIMITED

Balance sheet

As at 30 September 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 1,697,822 1,721,139
Investments: 4 46,500 80,000
Total fixed assets: 1,744,322 1,801,139
Current assets
Stocks: 55,795 68,028
Debtors:   20,150 89,527
Cash at bank and in hand: 138,183 32,576
Total current assets: 214,128 190,131
Creditors: amounts falling due within one year:   (147,458) (195,337)
Net current assets (liabilities): 66,670 (5,206)
Total assets less current liabilities: 1,810,992 1,795,933
Creditors: amounts falling due after more than one year:   (70,000) (79,808)
Provision for liabilities: (32,195) (29,387)
Total net assets (liabilities): 1,708,797 1,686,738
Capital and reserves
Called up share capital: 20,948 30,948
Other reserves:   20,797
Profit and loss account: 1,687,849 1,634,993
Shareholders funds: 1,708,797 1,686,738

The notes form part of these financial statements

WALTER SMITH (FARMS) LIMITED

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 March 2025
and signed on behalf of the board by:

Name: RA Richards
Status: Director

The notes form part of these financial statements

WALTER SMITH (FARMS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

WALTER SMITH (FARMS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 56 50

WALTER SMITH (FARMS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible Assets

Total
Cost £
At 01 October 2023 2,564,137
Additions 19,662
Disposals (22,628)
At 30 September 2024 2,561,171
Depreciation
At 01 October 2023 842,998
Charge for year 28,868
On disposals (8,517)
At 30 September 2024 863,349
Net book value
At 30 September 2024 1,697,822
At 30 September 2023 1,721,139

WALTER SMITH (FARMS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Fixed investments

Based on Market Value