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REGISTERED NUMBER: 09379620 (England and Wales)















DAISY MADE FARM LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025






DAISY MADE FARM LIMITED (REGISTERED NUMBER: 09379620)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 5


DAISY MADE FARM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: D F Scarborough
Mrs N L Scarborough
M R Scarborough
Ms D C Scarborough





REGISTERED OFFICE: The Farmhouse
Lincoln Road Farm
Skellingthorpe
Lincoln
LN6 5SA





REGISTERED NUMBER: 09379620 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
4 Henley Way
Doddington Road
Lincoln
Lincolnshire
LN6 3QR

DAISY MADE FARM LIMITED (REGISTERED NUMBER: 09379620)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 458,643 463,081

CURRENT ASSETS
Stocks 28,049 25,000
Debtors 5 13,772 54,026
Cash at bank and in hand 139,522 152,688
181,343 231,714
CREDITORS
Amounts falling due within one year 6 131,732 110,863
NET CURRENT ASSETS 49,611 120,851
TOTAL ASSETS LESS CURRENT LIABILITIES 508,254 583,932

PROVISIONS FOR LIABILITIES 60,171 58,066
NET ASSETS 448,083 525,866

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 447,983 525,766
SHAREHOLDERS' FUNDS 448,083 525,866

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 July 2025 and were signed on its behalf by:





Mrs N L Scarborough - Director


DAISY MADE FARM LIMITED (REGISTERED NUMBER: 09379620)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

Daisy Made 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 net of VAT and trade discounts. The policy adopted for the recognition of turnover is as follows:

Sale of goods

Turnover from the sale of ice cream and the operation of a cafe is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on date of sale.

Interest receivable

Interest income is recognised using the effective interest method.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 4% on cost
Plant and machinery etc - 33% on cost, 25% on reducing balance and 15% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

DAISY MADE FARM LIMITED (REGISTERED NUMBER: 09379620)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2024 - 27 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2024 314,462 496,630 811,092
Additions - 62,242 62,242
Disposals - (33,167 ) (33,167 )
At 31 January 2025 314,462 525,705 840,167
DEPRECIATION
At 1 February 2024 88,797 259,214 348,011
Charge for year 12,655 41,641 54,296
Eliminated on disposal - (20,783 ) (20,783 )
At 31 January 2025 101,452 280,072 381,524
NET BOOK VALUE
At 31 January 2025 213,010 245,633 458,643
At 31 January 2024 225,665 237,416 463,081

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 575 -
Other debtors 13,197 54,026
13,772 54,026

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 27,549 31,738
Taxation and social security 60,105 43,517
Other creditors 44,078 35,608
131,732 110,863

DAISY MADE FARM LIMITED (REGISTERED NUMBER: 09379620)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

7. CALLED UP SHARE CAPITAL

Allotted,
issued and
fully paid:



Number:

Class:

Nominal Value:
2025:
£
2024:
£
20 Ordinary A shares £1 20 20
20 Ordinary B shares £1 20 20
33 Ordinary C shares £1 33 33
27 Ordinary D shares £1 27 27
100 100