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Registration number: 08216397

Parkhouse Agriculture Limited

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

Parkhouse Agriculture Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2

 

Parkhouse Agriculture Limited

(Registration number: 08216397)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Current assets

 

Debtors

69

69

Cash at bank and in hand

 

-

578

 

69

647

Creditors: Amounts falling due within one year

 

(4,083)

(4,134)

Net liabilities

 

(4,014)

(3,487)

Capital and reserves

 

Called up share capital

104

104

Profit and loss account

(4,118)

(3,591)

Shareholders' deficit

 

(4,014)

(3,487)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 17 July 2025 and signed on its behalf by:
 

Mr N A Parkhouse

Director

 

Parkhouse Agriculture Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital incorporated in England and Wales.

The address of its registered office is:
Treveor Farm
Gorran
St Austell
Cornwall
PL26 6LW

2

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

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.

Going concern

The financial statements have been prepared on a going concern basis. Of the company's liabilities at 31 March 2025, £2,579 is owed to an associated business and the directors, who have agreed not to demand repaymentof this amount for at least one year after the date of the approval of these accounts, to the extent that any suchrepayment would jeopardise the future of the company. The associated businesses and directors have also agreed that they will continue to provide financial support for at least 12 months from the date of approval of these accounts.

Tax

The tax expense for the period comprises current and deferred 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 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 is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income 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.


3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).