Silverfin false false 31/12/2024 01/10/2023 31/12/2024 Mr M Rogers 05/11/2020 30 June 2025 The principle activity of the Company during the financial period was mixed farming. 12999988 2024-12-31 12999988 bus:Director1 2024-12-31 12999988 core:CurrentFinancialInstruments 2024-12-31 12999988 core:ShareCapital 2024-12-31 12999988 core:RetainedEarningsAccumulatedLosses 2024-12-31 12999988 core:PlantMachinery 2023-09-30 12999988 2023-09-30 12999988 core:PlantMachinery 2024-12-31 12999988 bus:OrdinaryShareClass1 2024-12-31 12999988 2023-10-01 2024-12-31 12999988 bus:FilletedAccounts 2023-10-01 2024-12-31 12999988 bus:SmallEntities 2023-10-01 2024-12-31 12999988 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-12-31 12999988 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-12-31 12999988 bus:Director1 2023-10-01 2024-12-31 12999988 core:PlantMachinery 2023-10-01 2024-12-31 12999988 bus:OrdinaryShareClass1 2023-10-01 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 12999988 (England and Wales)

MATT ROGERS FARMING LIMITED

Unaudited Financial Statements
For the financial period from 01 October 2023 to 31 December 2024
Pages for filing with the registrar

MATT ROGERS FARMING LIMITED

Unaudited Financial Statements

For the financial period from 01 October 2023 to 31 December 2024

Contents

MATT ROGERS FARMING LIMITED

BALANCE SHEET

As at 31 December 2024
MATT ROGERS FARMING LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 31.12.2024
£
Fixed assets
Tangible assets 3 31,165
31,165
Current assets
Stocks 4 79,316
Debtors 5 10,559
Cash at bank and in hand 7,858
97,733
Creditors: amounts falling due within one year 6 ( 171,928)
Net current liabilities (74,195)
Total assets less current liabilities (43,030)
Net liabilities ( 43,030)
Capital and reserves
Called-up share capital 7 1
Profit and loss account ( 43,031 )
Total shareholder's deficit ( 43,030)

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

Director's responsibilities:

The financial statements of Matt Rogers Farming Limited (registered number: 12999988) were approved and authorised for issue by the Director on 30 June 2025. They were signed on its behalf by:

Mr M Rogers
Director
MATT ROGERS FARMING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 October 2023 to 31 December 2024
MATT ROGERS FARMING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 October 2023 to 31 December 2024
1. Accounting policies

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

General information and basis of accounting

Matt Rogers Farming 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 C/O Francis Clark Llp Melville Building East, Royal William Yard, Plymouth, PL1 3RP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £43,030. The Company is supported through loans from the director. The director has confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the director will continue to support the Company. Given the current position, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

Period from
01.10.2023 to
31.12.2024
Number
Monthly average number of persons employed by the Company during the period, including the director 1

3. Tangible assets

Plant and machinery Total
£ £
Cost
At 01 October 2023 0 0
Additions 39,092 39,092
At 31 December 2024 39,092 39,092
Accumulated depreciation
At 01 October 2023 0 0
Charge for the financial period 7,927 7,927
At 31 December 2024 7,927 7,927
Net book value
At 31 December 2024 31,165 31,165

4. Stocks

31.12.2024
£
Livestock 79,316

5. Debtors

31.12.2024
£
Prepayments 3,184
VAT recoverable 7,375
10,559

6. Creditors: amounts falling due within one year

31.12.2024
£
Trade creditors 5,376
Amounts owed to director 165,052
Accruals 1,500
171,928

7. Called-up share capital

31.12.2024
£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1

8. Related party transactions

Mr M Rogers has introduced assets totalling £21,402 into the company on incorporation.