Silverfin false false 31/03/2025 01/04/2024 31/03/2025 Mrs S Dustow 24/07/2020 Mr C Dustow 24/07/2020 Mrs C Dustow 24/07/2020 Mr M Dustow 24/07/2020 10 September 2025 The principal activity of the company is a farm shop. 12766529 2025-03-31 12766529 bus:Director1 2025-03-31 12766529 bus:Director2 2025-03-31 12766529 bus:Director3 2025-03-31 12766529 bus:Director4 2025-03-31 12766529 2024-03-31 12766529 core:CurrentFinancialInstruments 2025-03-31 12766529 core:CurrentFinancialInstruments 2024-03-31 12766529 core:ShareCapital 2025-03-31 12766529 core:ShareCapital 2024-03-31 12766529 core:RetainedEarningsAccumulatedLosses 2025-03-31 12766529 core:RetainedEarningsAccumulatedLosses 2024-03-31 12766529 core:LandBuildings 2024-03-31 12766529 core:PlantMachinery 2024-03-31 12766529 core:LandBuildings 2025-03-31 12766529 core:PlantMachinery 2025-03-31 12766529 bus:OrdinaryShareClass1 2025-03-31 12766529 2024-04-01 2025-03-31 12766529 bus:FilletedAccounts 2024-04-01 2025-03-31 12766529 bus:SmallEntities 2024-04-01 2025-03-31 12766529 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 12766529 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12766529 bus:Director1 2024-04-01 2025-03-31 12766529 bus:Director2 2024-04-01 2025-03-31 12766529 bus:Director3 2024-04-01 2025-03-31 12766529 bus:Director4 2024-04-01 2025-03-31 12766529 core:LandBuildings core:TopRangeValue 2024-04-01 2025-03-31 12766529 core:PlantMachinery 2024-04-01 2025-03-31 12766529 core:PlantMachinery core:TopRangeValue 2024-04-01 2025-03-31 12766529 2023-04-01 2024-03-31 12766529 core:LandBuildings 2024-04-01 2025-03-31 12766529 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 12766529 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 12766529 (England and Wales)

# COLWITH FARM SHOP LIMITED

### Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

COLWITH FARM SHOP LIMITED

## Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

COLWITH FARM SHOP LIMITED

## BALANCE SHEET

As at 31 March 2025
COLWITH FARM SHOP LIMITED

## BALANCE SHEET (continued)

As at 31 March 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 31,554 |  | 28,184
|  | 31,554 |  | 28,184
Current assets |  |  |  |
Stocks |  | 27,787 |  | 17,257
Debtors | 4 | 20,203 |  | 20,022
Cash at bank and in hand |  | 14,288 |  | 28,440
|  | 62,278 |  | 65,719
Creditors: amounts falling due within one year | 5 | ( 55,543) |  | ( 56,251)
Net current assets |  | 6,735 |  | 9,468
Total assets less current liabilities |  | 38,289 |  | 37,652
Provision for liabilities |  | ( 1,135) |  | ( 3,290)
Net assets |  | 37,154 |  | 34,362
Capital and reserves |  |  |  |
Called-up share capital | 6 | 120 |  | 120
Profit and loss account |  | 37,034 |  | 34,242
Total shareholders' funds |  | 37,154 |  | 34,362

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.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Colwith Farm Shop Limited (registered number: 12766529) were approved and authorised for issue by the Board of Directors on 10 September 2025. They were signed on its behalf by:

Mr C Dustow Director |

COLWITH FARM SHOP LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
COLWITH FARM SHOP LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Colwith Farm Shop Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Bepark House, Colwith Farm, Par, PL24 2TU, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, 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.

##### Turnover

Turnover comprises the fair value of the consideration received.
Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Land and buildings | 20 years straight line
Plant and machinery | 20 % reducing balance
| 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

##### 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 receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

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.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 4 |  | 4

#### 3. Tangible assets

| Land and buildings |  | Plant and machinery |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 April 2024 | 0 |  | 48,305 |  | 48,305
Additions | 17,906 |  | 2,317 |  | 20,223
Disposals | 0 |  | ( 17,617) |  | ( 17,617)
At 31 March 2025 | 17,906 |  | 33,005 |  | 50,911
Accumulated depreciation |  |  |  |  |
At 01 April 2024 | 0 |  | 20,121 |  | 20,121
Charge for the financial year | 84 |  | 4,242 |  | 4,326
Disposals | 0 |  | ( 5,090) |  | ( 5,090)
At 31 March 2025 | 84 |  | 19,273 |  | 19,357
Net book value |  |  |  |  |
At 31 March 2025 | 17,822 |  | 13,732 |  | 31,554
At 31 March 2024 | 0 |  | 28,184 |  | 28,184

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 753 |  | 1,294
Other debtors | 19,450 |  | 18,728
| 20,203 |  | 20,022

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 3,573 |  | 3,676
Taxation and social security | 5,774 |  | 5,544
Other creditors | 46,196 |  | 47,031
| 55,543 |  | 56,251

#### 6. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
120 Ordinary shares of £ 1.00 each | 120 |  | 120