IRIS Accounts Production v25.2.0.378 00729404 Board of Directors 6.4.24 5.4.25 5.4.25 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 00729404 2024-04-05 00729404 2025-04-05 00729404 2024-04-06 2025-04-05 00729404 2023-04-05 00729404 2023-04-06 2024-04-05 00729404 2024-04-05 00729404 ns15:EnglandWales 2024-04-06 2025-04-05 00729404 ns14:PoundSterling 2024-04-06 2025-04-05 00729404 ns10:Director1 2024-04-06 2025-04-05 00729404 ns10:PrivateLimitedCompanyLtd 2024-04-06 2025-04-05 00729404 ns10:SmallEntities 2024-04-06 2025-04-05 00729404 ns10:AuditExempt-NoAccountantsReport 2024-04-06 2025-04-05 00729404 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-06 2025-04-05 00729404 ns10:SmallCompaniesRegimeForAccounts 2024-04-06 2025-04-05 00729404 ns10:FullAccounts 2024-04-06 2025-04-05 00729404 ns10:OrdinaryShareClass2 2024-04-06 2025-04-05 00729404 ns5:CurrentFinancialInstruments 2025-04-05 00729404 ns5:CurrentFinancialInstruments 2024-04-05 00729404 ns5:Non-currentFinancialInstruments 2025-04-05 00729404 ns5:Non-currentFinancialInstruments 2024-04-05 00729404 ns5:ShareCapital 2025-04-05 00729404 ns5:ShareCapital 2024-04-05 00729404 ns5:RetainedEarningsAccumulatedLosses 2025-04-05 00729404 ns5:RetainedEarningsAccumulatedLosses 2024-04-05 00729404 ns10:RegisteredOffice 2024-04-06 2025-04-05 00729404 ns5:LandBuildings 2024-04-05 00729404 ns5:LandBuildings ns5:ShortLeaseholdAssets 2024-04-05 00729404 ns5:LeaseholdImprovements 2024-04-05 00729404 ns5:LandBuildings 2024-04-06 2025-04-05 00729404 ns5:LandBuildings ns5:ShortLeaseholdAssets 2024-04-06 2025-04-05 00729404 ns5:LeaseholdImprovements 2024-04-06 2025-04-05 00729404 ns5:LandBuildings 2025-04-05 00729404 ns5:LandBuildings ns5:ShortLeaseholdAssets 2025-04-05 00729404 ns5:LeaseholdImprovements 2025-04-05 00729404 ns5:LandBuildings 2024-04-05 00729404 ns5:LandBuildings ns5:ShortLeaseholdAssets 2024-04-05 00729404 ns5:LeaseholdImprovements 2024-04-05 00729404 ns5:PlantMachinery 2024-04-05 00729404 ns5:MotorVehicles 2024-04-05 00729404 ns5:ComputerEquipment 2024-04-05 00729404 ns5:PlantMachinery 2024-04-06 2025-04-05 00729404 ns5:MotorVehicles 2024-04-06 2025-04-05 00729404 ns5:ComputerEquipment 2024-04-06 2025-04-05 00729404 ns5:PlantMachinery 2025-04-05 00729404 ns5:MotorVehicles 2025-04-05 00729404 ns5:ComputerEquipment 2025-04-05 00729404 ns5:PlantMachinery 2024-04-05 00729404 ns5:MotorVehicles 2024-04-05 00729404 ns5:ComputerEquipment 2024-04-05 00729404 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-04-05 00729404 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-04-05 00729404 ns5:BetweenOneTwoYears ns5:Non-currentFinancialInstruments 2025-04-05 00729404 ns5:BetweenOneTwoYears ns5:Non-currentFinancialInstruments 2024-04-05 00729404 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-04-05 00729404 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-04-05 00729404 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2025-04-05 00729404 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2024-04-05 00729404 ns5:Secured 2025-04-05 00729404 ns5:Secured 2024-04-05 00729404 ns10:OrdinaryShareClass2 2025-04-05

REGISTERED NUMBER: 00729404 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2025

for

Briers Farms (Steeple Morden) Limited

| Briers Farms (Steeple Morden) Limited (Registered number: 00729404) |

Contents of the Financial Statements

for the Year Ended 5 April 2025

Page |

| Balance Sheet | 1 |

| Notes to the Financial Statements | 3 |

| Briers Farms (Steeple Morden) Limited (Registered number: 00729404) |

Balance Sheet

5 April 2025

| 5.4.25 | 5.4.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,742,637 |  | 1,709,224 |  |

CURRENT ASSETS

Stocks | 306,680 |  | 182,113 |  |

Debtors | 5 | 43,093 |  | 44,212 |  |

Cash at bank | 55,095 |  | 191,936 |  |

404,868 |  | 418,261 |  |

CREDITORS

Amounts falling due within one year | 6 | 370,730 |  | 288,738 |  |

NET CURRENT ASSETS | 34,138 |  | 129,523 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,776,775 |  | 1,838,747 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (557,918 | ) | (626,555 | ) |

PROVISIONS FOR LIABILITIES | (118,916 | ) | (108,514 | ) |

NET ASSETS | 1,099,941 |  | 1,103,678 |  |

CAPITAL AND RESERVES

Called up share | 9 | 10,000 |  | 10,000 |  |

Retained earnings | 1,089,941 |  | 1,093,678 |  |

SHAREHOLDERS' FUNDS | 1,099,941 |  | 1,103,678 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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.

| Briers Farms (Steeple Morden) Limited (Registered number: 00729404) |

Balance Sheet - continued

5 April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2025 and were signed on its behalf by:

Mrs P A Briers - Director

| Briers Farms (Steeple Morden) Limited (Registered number: 00729404) |

Notes to the Financial Statements

for the Year Ended 5 April 2025

1. | STATUTORY INFORMATION

| Briers Farms (Steeple Morden) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 00729404

| Registered office: | Hillside Farm

| Steeple Morden

| Royston

| Hertfordshire

| SG8 0PP

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, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Freehold property - 4% on cost

| Improvements to property - 4% on cost

| Plant and machinery - 15% reducing balance

| Motor vehicles - 25% reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Briers Farms (Steeple Morden) Limited (Registered number: 00729404) |

Notes to the Financial Statements - continued

for the Year Ended 5 April 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

| Basic financial assets

| Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| Basic financial liabilities

| Basic financial liabilities, including creditors and loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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 profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

| Briers Farms (Steeple Morden) Limited (Registered number: 00729404) |

Notes to the Financial Statements - continued

for the Year Ended 5 April 2025

4. | TANGIBLE FIXED ASSETS

| Improvements

| Leasehold |  | Freehold |  | to

| property |  | property |  | property

£ | £ | £ |

| COST

| At 6 April 2024 | 301,331 |  | 1,150,395 |  | 121,939 |  |

| Additions | - |  | - |  | 53,793 |  |

| Disposals | - |  | - |  | - |  |

| At 5 April 2025 | 301,331 |  | 1,150,395 |  | 175,732 |  |

| DEPRECIATION

| At 6 April 2024 | 176,920 |  | - |  | 43,115 |  |

| Charge for year | 10,221 |  | - |  | 4,878 |  |

| Eliminated on disposal | - |  | - |  | - |  |

| At 5 April 2025 | 187,141 |  | - |  | 47,993 |  |

| NET BOOK VALUE

| At 5 April 2025 | 114,190 |  | 1,150,395 |  | 127,739 |  |

| At 5 April 2024 | 124,411 |  | 1,150,395 |  | 78,824 |  |

| Plant and |  | Motor |  | Computer |

| machinery |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 6 April 2024 | 978,640 |  | 18,225 |  | 2,515 |  | 2,573,045 |  |

| Additions | 60,751 |  | - |  | - |  | 114,544 |  |

| Disposals | (33,150 | ) | - |  | - |  | (33,150 | ) |

| At 5 April 2025 | 1,006,241 |  | 18,225 |  | 2,515 |  | 2,654,439 |  |

| DEPRECIATION

| At 6 April 2024 | 624,720 |  | 17,224 |  | 1,842 |  | 863,821 |  |

| Charge for year | 56,631 |  | 250 |  | 297 |  | 72,277 |  |

| Eliminated on disposal | (24,296 | ) | - |  | - |  | (24,296 | ) |

| At 5 April 2025 | 657,055 |  | 17,474 |  | 2,139 |  | 911,802 |  |

| NET BOOK VALUE

| At 5 April 2025 | 349,186 |  | 751 |  | 376 |  | 1,742,637 |  |

| At 5 April 2024 | 353,920 |  | 1,001 |  | 673 |  | 1,709,224 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 5.4.25 |  | 5.4.24

£ | £ |

| Trade debtors | 5,805 |  | 17,131 |  |

| Other debtors | 17,282 |  | 7,672 |  |

| Prepayments and accrued income | 20,006 |  | 19,409 |  |

43,093 |  | 44,212 |  |

| Briers Farms (Steeple Morden) Limited (Registered number: 00729404) |

Notes to the Financial Statements - continued

for the Year Ended 5 April 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 5.4.25 |  | 5.4.24

£ | £ |

| Bank loans and overdrafts | 56,772 |  | 26,154 |  |

| Other loans - less than 1 year | 179,434 |  | 178,959 |  |

| Hire purchase contracts | 30,333 |  | 30,333 |  |

| Trade creditors | 33,903 |  | 15,237 |  |

| Tax | 17,906 |  | 2,411 |  |

| Other creditors | 8,476 |  | 6,033 |  |

| Directors' current accounts | 12,676 |  | 22,412 |  |

| Accrued expenses | 31,230 |  | 7,199 |  |

370,730 |  | 288,738 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 5.4.25 |  | 5.4.24

£ | £ |

| Bank loans - 1-2 years | 27,744 |  | 27,154 |  |

| Bank loans - 2-5 years | 83,232 |  | 81,462 |  |

| Bank loans more 5 yr by instal | 284,113 |  | 313,627 |  |

| Other loans - 1-2 years | 11,602 |  | 11,151 |  |

| Other loans - 2-5 years | 37,694 |  | 36,230 |  |

| Other loans more 5yrs instal | 113,533 |  | 126,598 |  |

| Hire purchase contracts | - |  | 30,333 |  |

557,918 |  | 626,555 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 284,113 |  | 313,627 |  |

| Other loans more 5yrs instal | 113,533 |  | 126,598 |  |

397,646 |  | 440,225 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

| 5.4.25 |  | 5.4.24

£ | £ |

| Bank loans | 422,243 |  | 448,397 |  |

| Hire purchase contracts | 30,333 |  | 60,666 |  |

452,576 |  | 509,063 |  |

| Hire purchase liabilities are secured by the individual assets to which the liabilities relate.

| The Lloyds Bank loan is secured by way of a first legal charge over freehold property at Land at Vicarage Farm, Potton, Bedfordshire, SG19 3LN with an acreage of 103.

| Briers Farms (Steeple Morden) Limited (Registered number: 00729404) |

Notes to the Financial Statements - continued

for the Year Ended 5 April 2025

9. | CALLED UP SHARE

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 5.4.25 |  | 5.4.24

| value: | £ | £ |

| 10,000 | Ordinary | £1 | 10,000 |  | 10,000 |  |

10. | OTHER FINANCIAL COMMITMENTS

| At the balance sheet date the company had annual commitments under operating leases which cannot be cancelled, expiring between one and five years amounting to £56,430 (2024 - £56,430).

11. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is Mrs P A Briers.