REGISTERED NUMBER: 01007863 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BROOMER FARM TRADING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J A Finnamore

Mrs K A Moss

Mrs E Grubb

T Grubb

Mrs H E Harries

SECRETARY:

D A Finnamore

REGISTERED OFFICE:

Oakwood Lock Lane

Birdham

Chichester

West Sussex

PO20 7AX

REGISTERED NUMBER:

01007863 (England and Wales)

ACCOUNTANTS:

Lewis Brownlee (Chichester) Limited

Chartered Accountants

Appledram Barns

Birdham Road

Chichester

West Sussex

PO20 7EQ

FIXED ASSETS

Intangible assets

4

120,000

180,000

Tangible assets

5

372,445

19,020,538

Investments

6

1

1

492,446

19,200,539

CURRENT ASSETS

Stocks

635,515

85,030

Debtors

7

2,535,281

1,959,232

Cash at bank and in hand

165,252

1,197,953

3,336,048

3,242,215

CREDITORS

Amounts falling due within one year

8

948,117

1,802,592

NET CURRENT ASSETS

2,387,931

1,439,623

TOTAL ASSETS LESS CURRENT LIABILITIES

2,880,377

20,640,162

PROVISIONS FOR LIABILITIES

9

79,115

2,864,689

NET ASSETS

2,801,262

17,775,473

CAPITAL AND RESERVES

Called up share capital

71,250

71,250

Revaluation reserve

-

10,789,420

Retained earnings

2,730,012

6,914,803

2,801,262

17,775,473

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.

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 16 September 2025 and were signed on its behalf by:

Mrs E Grubb - Director

1.	STATUTORY INFORMATION

Broomer Farm Trading Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office can be found on the Company Information page.

The presentational currency of the financial statements is Pound Sterling (£) which is rounded to the nearest Pound (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Broomer Farm Trading Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business, is being amortised over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

33% on cost, 25% on cost and 10% on cost

Fixtures and fittings

-

25% on cost and 10% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost and 25% on cost

Land and properties were recognised at market value.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any impairments.

Stocks

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

Financial instruments

Financial instruments are classified by the director as basic or advanced following the conditions in FRS102 section 1A. Basic financial instruments are recognised at amortised cost using effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost. The company has no advanced financial instruments.

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.

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.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and and expense. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2024 - 25 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

300,000

AMORTISATION

At 1 April 2024

120,000

Charge for year

60,000

At 31 March 2025

180,000

NET BOOK VALUE

At 31 March 2025

120,000

At 31 March 2024

180,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

18,600,000

1,465,959

20,065,959

Additions

-

171,634

171,634

Disposals

(18,600,000

)

(96,180

)

(18,696,180

)

At 31 March 2025

-

1,541,413

1,541,413

DEPRECIATION

At 1 April 2024

-

1,045,421

1,045,421

Charge for year

-

161,618

161,618

Eliminated on disposal

-

(38,071

)

(38,071

)

At 31 March 2025

-

1,168,968

1,168,968

NET BOOK VALUE

At 31 March 2025

-

372,445

372,445

At 31 March 2024

18,600,000

420,538

19,020,538

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

199,588

211,418

Amounts owed by group undertakings

602,191

-

Other debtors

1,733,502

1,747,814

2,535,281

1,959,232

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

582,911

607,222

Taxation and social security

32,204

311,752

Other creditors

333,002

883,618

948,117

1,802,592

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

79,115

2,864,689

Deferred tax

£

Balance at 1 April 2024

2,864,689

Provided during year

3,626

Group transfer

(2,789,200

)

Balance at 31 March 2025

79,115