REGISTERED NUMBER: 02842693 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Windwhistle Farms Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A D Cook

Mrs S A Cook

Mr D M Cook

Mr J A Cook

SECRETARY:

Mrs S A Cook

REGISTERED OFFICE:

Foxlea

Bryces Lane

Sherfield English

Romsey

Hampshire

SO51 6FX

REGISTERED NUMBER:

02842693 (England and Wales)

ACCOUNTANTS:

Butler & Co Alresford Limited

Chartered Accountants

The Old Stables

Sutton Manor Farm

Bishop's Sutton

Alresford

Hampshire

SO24 0AA

FIXED ASSETS

Tangible assets

4

1,281,202

1,222,137

Investments

5

25

25

1,281,227

1,222,162

CURRENT ASSETS

Stocks

153,497

170,615

Debtors

6

426,524

306,594

Cash at bank

85,768

116,275

665,789

593,484

CREDITORS

Amounts falling due within one year

7

379,354

414,261

NET CURRENT ASSETS

286,435

179,223

TOTAL ASSETS LESS CURRENT LIABILITIES

1,567,662

1,401,385

CREDITORS

Amounts falling due after more than one year

8

(503,398

)

(44,284

)

PROVISIONS FOR LIABILITIES

9

(176,472

)

(209,551

)

NET ASSETS

887,792

1,147,550

CAPITAL AND RESERVES

Called up share capital

10

1,000

1,000

Retained earnings

886,792

1,146,550

SHAREHOLDERS' FUNDS

887,792

1,147,550

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 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 27 August 2025 and were signed on its behalf by:

Mrs S A Cook - Director

1.	STATUTORY INFORMATION

Windwhistle Farms 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.

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 represents Basic Payment Scheme and net invoiced sales of goods and services excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% reducing balance basis and 15% on cost

Fixtures and fittings

-

15% reducing balance basis and 10% reducing balance basis

Motor vehicles

-

15% on cost

Computer equipment

-

15% reducing balance basis

Stocks

Stock is valued at the lower of cost and net realisable value and in accordance with HS232.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Capital grants

Capital grants are treated in accordance with the relevant accounting standards.

-The fixed asset is initially recorded at its full cost, ignoring the receipt of the grant, and depreciated over its useful economic life.

-The grant is recorded as deferred income and taken to income over the same period and on the same basis as the cost of the asset is depreciated.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2024

111,610

2,386,651

58,505

Additions

-

682,400

-

Disposals

-

(340,434

)

-

At 31 December 2024

111,610

2,728,617

58,505

DEPRECIATION

At 1 January 2024

-

1,290,045

50,921

Charge for year

-

389,509

1,136

Eliminated on disposal

-

(109,369

)

-

At 31 December 2024

-

1,570,185

52,057

NET BOOK VALUE

At 31 December 2024

111,610

1,158,432

6,448

At 31 December 2023

111,610

1,096,606

7,584

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

9,999

5,289

2,572,054

Additions

-

-

682,400

Disposals

-

-

(340,434

)

At 31 December 2024

9,999

5,289

2,914,020

DEPRECIATION

At 1 January 2024

4,500

4,451

1,349,917

Charge for year

1,499

126

392,270

Eliminated on disposal

-

-

(109,369

)

At 31 December 2024

5,999

4,577

1,632,818

NET BOOK VALUE

At 31 December 2024

4,000

712

1,281,202

At 31 December 2023

5,499

838

1,222,137

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 January 2024

820,984

Additions

644,000

Disposals

(327,934

)

Reclassification/transfer

(248,000

)

At 31 December 2024

889,050

DEPRECIATION

At 1 January 2024

431,410

Charge for year

133,358

Eliminated on disposal

(98,380

)

Reclassification/transfer

(186,000

)

At 31 December 2024

280,388

NET BOOK VALUE

At 31 December 2024

608,662

At 31 December 2023

389,574

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

and 31 December 2024

25

NET BOOK VALUE

At 31 December 2024

25

At 31 December 2023

25

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

72,182

11,340

Other debtors

9,054

-

A & S Cook

38,295

81,722

Bryces Farm Ltd

95,000

-

Directors' current accounts

-

16,800

VAT

71,065

-

Prepayments

28,420

22,723

Accrued income

112,508

174,009

426,524

306,594

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

8,607

8,395

Hire purchase contracts

95,987

131,026

Trade creditors

33,051

10,072

Tax

-

9,054

Social security and other taxes

317

381

VAT

-

7,150

Other creditors

116

3,093

Directors' current accounts

21,236

43,887

Capital grant

2,382

2,382

Accrued expenses

217,658

198,821

379,354

414,261

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

6,598

8,607

Bank loans - 2-5 years

-

6,599

Hire purchase contracts

496,800

26,696

Capital grant

-

2,382

503,398

44,284

9.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

176,472

209,551

Deferred

tax

£

Balance at 1 January 2024

209,551

Accelerated capital allowances

11,309

Losses carried forward

(44,388

)

Balance at 31 December 2024

176,472

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

400

Ordinary A

£1

400

500

400

Ordinary B

£1

400

500

100

Ordinary C

£1

100

-

100

Ordinary D

£1

100

-

1,000

1,000

Allotted and issued:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

"C" Shares

£1

100

-

100

"D" Shares

£1

100

-

200

-

In the year 100 Ordinary A shares and 100 Ordinary B shares were reclassified to 100 Ordinary C shares and 100 Ordinary D shares.

11.	RELATED PARTY DISCLOSURES

Mr A Cook and Mrs S Cook

Directors and shareholders of the company

The grain store which is owned by Windwhistle Farms Limited is situated on land which was purchased by Mr and Mrs A Cook. The directors allow the company the right to use this land for the purpose of the trade and do not charge Windwhistle Farms Limited any rent on occupying this land.

As at 31 December 2024 the company owed Mrs S Cook £7,105 (2023: £23,178) by way of the balance outstanding on her directors loan account.

As at 31 December 2024 the company owed Mr A Cook £14,131 (2023: £20,709) by way of the balance outstanding on his directors loan account.

During the year dividends of £34,000 (2023: £30,000) were paid to Mr & Mrs Cook.

Mr J Cook

Director and shareholder

As at 31 December 2024 Mr J Cook owed the company £nil (2023: £8,400) by way of the balance outstanding on his directors loan account.

Mr D Cook

Director and shareholder

As at 31 December 2024 Mr J Cook owed the company £nil (2023: £8,400) by way of the balance outstanding on his directors loan account.

12.	ULTIMATE CONTROLLING PARTY

Throughout the period under review, the company was under the control of Mr. A Cook and Mrs. S Cook.