Bryces Farms Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00841554 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Bryces Farms Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S A Cook

J A Cook

Ms J L Cook

D M Cook

REGISTERED OFFICE:

The Jays

Bryces Lane

Sherfield English

Romsey

Hampshire

SO51 6FX

REGISTERED NUMBER:

00841554 (England and Wales)

ACCOUNTANTS:

Butler & Co Alresford Limited

Chartered Accountants

The Old Stables

Sutton Manor Farm

Bishops Sutton

Alresford

Hampshire

SO24 0AA

FIXED ASSETS

Tangible assets

4

378,017

395,658

CURRENT ASSETS

Debtors

5

28,197

97,285

Cash at bank

99,922

16,898

128,119

114,183

CREDITORS

Amounts falling due within one year

6

198,166

119,624

NET CURRENT LIABILITIES

(70,047

)

(5,441

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

307,970

390,217

CREDITORS

Amounts falling due after more than one
year

7

23,661

80,634

NET ASSETS

284,309

309,583

CAPITAL AND RESERVES

Called up share capital

4,500

Capital redemption reserve

4,500

Retained earnings

275,309

300,583

284,309

309,583

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 27 August 2025 and were signed on its behalf by:

Mrs S A Cook - Director

1.	STATUTORY INFORMATION

Bryces 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 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.

Plant and machinery etc

-

25% reducing balance basis and 15% reducing balance basis

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 4 ).

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

Motor

property

machinery

vehicles

Totals

£

COST

At 1 April 2024

64,187

108,716

258,917

58,800

490,620

Additions

-

17,537

-

17,537

Disposals

-

(15,500

)

(15,500

)

At 31 March 2025

64,187

126,253

258,917

43,300

492,657

DEPRECIATION

At 1 April 2024

-

38,299

56,663

94,962

Charge for year

-

33,092

19

33,111

Eliminated on disposal

-

(13,433

)

(13,433

)

At 31 March 2025

-

71,391

43,249

114,640

NET BOOK VALUE

At 31 March 2025

64,187

126,253

187,526

51

378,017

At 31 March 2024

64,187

108,716

220,618

2,137

395,658

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

456

699

Other debtors

-

37,102

Directors' current accounts

-

1,605

Tax

7,069

VAT

18,546

40,629

Prepayments and accrued income

2,126

10,181

28,197

97,285

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

16

20,334

Hire purchase contracts

56,973

54,621

Trade creditors

14,444

9,807

Other creditors

95,000

-

Directors' current accounts

29,433

31,812

Accruals and deferred income

2,300

3,050

198,166

119,624

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Hire purchase contracts

23,661

80,634

8.	RELATED PARTY DISCLOSURES

The directors maintain loan accounts with the company. At the year end the company owed them £29,433 (2024: £30,207).

A&S Cook is a partnership controlled by the directors of Bryces Farms Limited. During the year Bryces Farms Limited invoiced A&S Cook services totalling £8,225.

Windwhistle Farms Limited is a company controlled by the directors of Bryces Farms Limited. During the year Bryces Farms Limited invoiced Windwhistle Farms Limited services totalling £159,207, and Windwhistle Farms Limited invoiced Bryces Farms Limited services totalling £11,220. During the year Windwhistle Farms Limited loaned Bryces Farms Limited £95,000, which was still owed at the balance sheet date.

Trading balances at the balance sheet date:

Windwhistle Farms Limited owed Bryces Farms Limited £456.

Bryces Farms Limited owed Windwhistle Farms Limited £12,094.