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REGISTERED NUMBER: 13401499 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

MINSHULL FARMS LIMITED

MINSHULL FARMS LIMITED (REGISTERED NUMBER: 13401499)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MINSHULL FARMS LIMITED

COMPANY INFORMATION
for the year ended 31 March 2025







DIRECTORS: S.J. Minshull
J.H. Minshull





REGISTERED OFFICE: Chase Farm
Birmingham Road
Kenilworth
Warwickshire
CV8 1PT





REGISTERED NUMBER: 13401499 (England and Wales)





ACCOUNTANTS: Dafferns LLP
Chartered Accountants
One Eastwood
Harry Weston Road
Binley Business Park
Coventry
CV3 2UB

MINSHULL FARMS LIMITED (REGISTERED NUMBER: 13401499)

BALANCE SHEET
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 2,456,539 2,449,653

CURRENT ASSETS
Stocks 107,888 91,802
Debtors 6 52,334 55,625
Cash at bank 462,021 363,770
622,243 511,197
CREDITORS
Amounts falling due within one year 7 80,338 2,957,065
NET CURRENT ASSETS/(LIABILITIES) 541,905 (2,445,868 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,998,444

3,785

CAPITAL AND RESERVES
Called up share capital 100 100
Capital reserve 3,020,965 -
Retained earnings (22,621 ) 3,685
2,998,444 3,785

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 March 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.

MINSHULL FARMS LIMITED (REGISTERED NUMBER: 13401499)

BALANCE SHEET - continued
31 March 2025


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 11 August 2025 and were signed on its behalf by:





S.J. Minshull - Director


MINSHULL FARMS LIMITED (REGISTERED NUMBER: 13401499)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2025

1. STATUTORY INFORMATION

Minshull Farms 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 (£), rounded to the nearest £1.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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
Tangible fixed assets are recognised at cost and subsequently measured under the historical cost model being cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes any direct expenditure incurred to bring the asset to its current location and condition necessary for the asset to work as intended by management.

Repairs and maintenance costs are charged to the Income Statement in the period in which they are incurred.

Depreciation is calculated so as to write off the cost of tangible fixed assets by equal installments over their estimated useful lives as follows:-

Plant and machinery- 10% reducing balance
Motor vehicles-15% reducing balance
Improvement to property-10% reducing balance &10% straight line

Any gains and losses on the disposal of tangible fixed assets are recognised in the Income Statement in the year that the disposal takes place.

Stocks
Stock is valued annually by an independent external third party based on expected market value. The stock valuation has been completed by Howkins and Harrison.

Financial instruments
Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the financial asset is measured at the present value of the future receipts discounted at a market rate of interest.


MINSHULL FARMS LIMITED (REGISTERED NUMBER: 13401499)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2025

3. ACCOUNTING POLICIES - continued
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 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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and Farm
property property machinery vehicles Totals
£    £    £    £    £   
COST
At 1 April 2024 2,211,926 7,708 73,585 247,493 2,540,712
Additions 25,437 - 108 35,145 60,690
Disposals - - - (31,075 ) (31,075 )
At 31 March 2025 2,237,363 7,708 73,693 251,563 2,570,327
DEPRECIATION
At 1 April 2024 - 1,520 15,293 74,246 91,059
Charge for year - 731 5,834 26,752 33,317
Eliminated on disposal - - - (10,588 ) (10,588 )
At 31 March 2025 - 2,251 21,127 90,410 113,788
NET BOOK VALUE
At 31 March 2025 2,237,363 5,457 52,566 161,153 2,456,539
At 31 March 2024 2,211,926 6,188 58,292 173,247 2,449,653

MINSHULL FARMS LIMITED (REGISTERED NUMBER: 13401499)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 18,197 25,409
Other debtors - 2,145
Directors' current accounts 32,558 255
VAT - 4,170
Prepayments 1,579 23,646
52,334 55,625

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts - 911
Trade creditors 8,024 20,642
Amounts owed to group undertakings - 2,871,915
Social security and other taxes 2,268 1,784
VAT 2,443 -
Accruals and deferred income 67,603 61,813
80,338 2,957,065

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
J.H. Minshull and S.J. Minshull
Balance outstanding at start of year 255 (142 )
Amounts advanced 124,557 (36,715 )
Amounts repaid (92,254 ) 37,112
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 32,558 255

The directors borrowed £124,557 from the Company of which they have paid back £92,254 during the year. There has been interest charged by the Company at a rate of 2.25% daily totalling £1,383 (2024: £nil) interest for the year.

9. RELATED PARTY DISCLOSURES

The Company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Minshull Farms Holdings Limited.