REGISTERED NUMBER: 07744446 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

LAMYMAN FARMING COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

S Lamyman

Registered office:

23 Algitha Road

Skegness

Lincolnshire

PE25 2AG

Registered number:

07744446 (England and Wales)

Accountants:

Haines Watts

23 Algitha Road

Skegness

United Kingdom

PE25 2AG

Fixed assets

Tangible assets

4

-

275,932

Investments

5

97,501

97,501

97,501

373,433

Current assets

Debtors

6

1,129,177

590,459

Creditors

Amounts falling due within one year

7

50,691

29,571

Net current assets

1,078,486

560,888

Total assets less current liabilities

1,175,987

934,321

Capital and reserves

Called up share capital

792,000

792,000

Retained earnings

8

383,987

142,321

1,175,987

934,321

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 1 September 2025 and were signed by:

S Lamyman - Director

1.	Statutory information

Lamyman Farming Company 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.

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.

3.	Employees and directors

The average number of employees during the year was NIL (2023 - NIL).

4.	Tangible fixed assets

Freehold

property

£

Cost

At 1 January 2024

275,932

Disposals

(275,932

)

At 31 December 2024

-

Net book value

At 31 December 2024

-

At 31 December 2023

275,932

5.	Fixed asset investments

Unlisted

investments

£

Cost

At 1 January 2024

and 31 December 2024

97,501

Net book value

At 31 December 2024

97,501

At 31 December 2023

97,501

6.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

1,129,177

590,459

7.

Creditors: amounts falling due within one year

2024

2023

£

£

Tax

50,691

29,571

8.

Reserves

Retained

earnings

£

At 1 January 2024

142,321

Profit for the year

241,666

At 31 December 2024

383,987

9.	Related party disclosures

S Lamyman & Son Limited

A company in which Mr S Lamyman is Director and shareholder.

During the year the company lent £538,718 to S Lamyman & Son Limited. At the year end the Company were owed £1,129,177 (2023 £590,459).