Silverfin false false 30/11/2024 07/11/2023 30/11/2024 Gillian Lane 07/11/2023 Joseph Lane 07/11/2023 27 August 2025 The company was incorporated on 7 November 2023 however the company has not started trading yet. It is intended that the company will start trading within the next 12 months and the principal activity of the company will be that of developing and researching growing and curing techniques for vanilla. SC788461 2024-11-30 SC788461 bus:Director1 2024-11-30 SC788461 bus:Director2 2024-11-30 SC788461 core:CurrentFinancialInstruments 2024-11-30 SC788461 core:ShareCapital 2024-11-30 SC788461 core:RetainedEarningsAccumulatedLosses 2024-11-30 SC788461 bus:OrdinaryShareClass1 2024-11-30 SC788461 2023-11-07 2024-11-30 SC788461 bus:FilletedAccounts 2023-11-07 2024-11-30 SC788461 bus:SmallEntities 2023-11-07 2024-11-30 SC788461 bus:AuditExemptWithAccountantsReport 2023-11-07 2024-11-30 SC788461 bus:PrivateLimitedCompanyLtd 2023-11-07 2024-11-30 SC788461 bus:Director1 2023-11-07 2024-11-30 SC788461 bus:Director2 2023-11-07 2024-11-30 SC788461 bus:OrdinaryShareClass1 2023-11-07 2024-11-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC788461 (Scotland)

VANILLA FARMS LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL PERIOD FROM 07 NOVEMBER 2023 TO 30 NOVEMBER 2024
PAGES FOR FILING WITH THE REGISTRAR

VANILLA FARMS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 07 NOVEMBER 2023 TO 30 NOVEMBER 2024

Contents

VANILLA FARMS LIMITED

BALANCE SHEET

AS AT 30 NOVEMBER 2024
VANILLA FARMS LIMITED

BALANCE SHEET (continued)

AS AT 30 NOVEMBER 2024
Note 30.11.2024
£
Creditors: amounts falling due within one year 3 ( 4,486)
Net current liabilities (4,486)
Total assets less current liabilities (4,486)
Net liabilities ( 4,486)
Capital and reserves
Called-up share capital 4 2
Profit and loss account ( 4,488 )
Total shareholders' deficit ( 4,486)

For the financial period ending 30 November 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Vanilla Farms Limited (registered number: SC788461) were approved and authorised for issue by the Board of Directors on 27 August 2025. They were signed on its behalf by:

Gillian Lane
Director
VANILLA FARMS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 07 NOVEMBER 2023 TO 30 NOVEMBER 2024
VANILLA FARMS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 07 NOVEMBER 2023 TO 30 NOVEMBER 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

Vanilla Farms Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is Westertown, Rothienorman, Inverurie, AB51 8US, Scotland, United Kingdom.

The financial statements have been prepared under the historical cost convention 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 directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due 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.

Reporting period length

The financial statements cover the period from incorporation on 7 November 2023 to 30 November 2024 to align with the directors choice of year end.

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.

Basic financial assets
Basic financial assets, which cash and bank balances, are initially measured at transaction price including transaction costs.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, are initially recognised at transaction price.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

Period from
07.11.2023 to
30.11.2024
Number
Monthly average number of persons employed by the Company during the period, including directors 2

3. Creditors: amounts falling due within one year

30.11.2024
£
Amounts owed to directors 2,486
Accruals 2,000
4,486

4. Called-up share capital

30.11.2024
£
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each 2

5. Related party transactions

Transactions with the entity's directors

30.11.2024
£
Amounts due to directors 2,486

This amount is interest free and repayable on demand.