REGISTERED NUMBER: 04831585 (England and Wales)

Unaudited Financial Statements

for the Year Ended 5 April 2025

for

Marlsbrough Farm Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A.J.W. Hughes

Mrs J.R. Hughes

J.A. Hughes

SECRETARY:

Mrs J.R. Hughes

REGISTERED OFFICE:

Marlsbrough

Portfield Gate

HAVERFORDWEST

Pembrokeshire

SA62 3NP

REGISTERED NUMBER:

04831585 (England and Wales)

FIXED ASSETS

Intangible assets

4

1,950

2,925

Tangible assets

5

196,963

154,563

Investments

6

42,930

42,930

241,843

200,418

CURRENT ASSETS

Stocks

311,946

343,895

Debtors

7

85,225

65,163

Cash at bank

235,423

217,015

632,594

626,073

CREDITORS

Amounts falling due within one year

8

641,813

627,105

NET CURRENT LIABILITIES

(9,219

)

(1,032

)

TOTAL ASSETS LESS CURRENT LIABILITIES

232,624

199,386

PROVISIONS FOR LIABILITIES

29,124

20,738

NET ASSETS

203,500

178,648

CAPITAL AND RESERVES

Called up share capital

30

30

Retained earnings

203,470

178,618

SHAREHOLDERS' FUNDS

203,500

178,648

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.

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 19 September 2025 and were signed on its behalf by:

A.J.W. Hughes - Director

1.	STATUTORY INFORMATION

Marlsbrough Farm 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.

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.

Improvements to property

-

5% on cost

Plant and machinery

-

15% on reducing balance and 5% on cost

Motor vehicles

-

15% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stock and biological assets are included at the lower of cost and estimated selling price less costs to sell.

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 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

SFP

Entitlement

£

COST

At 6 April 2024

and 5 April 2025

4,875

AMORTISATION

At 6 April 2024

1,950

Amortisation for year

975

At 5 April 2025

2,925

NET BOOK VALUE

At 5 April 2025

1,950

At 5 April 2024

2,925

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 6 April 2024

29,537

464,194

11,787

2,138

507,656

Additions

-

73,526

-

609

74,135

Disposals

-

(1,400

)

-

-

(1,400

)

At 5 April 2025

29,537

536,320

11,787

2,747

580,391

DEPRECIATION

At 6 April 2024

13,293

327,761

10,134

1,905

353,093

Charge for year

1,477

29,248

248

381

31,354

Eliminated on disposal

-

(1,019

)

-

-

(1,019

)

At 5 April 2025

14,770

355,990

10,382

2,286

383,428

NET BOOK VALUE

At 5 April 2025

14,767

180,330

1,405

461

196,963

At 5 April 2024

16,244

136,433

1,653

233

154,563

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 6 April 2024

and 5 April 2025

42,930

NET BOOK VALUE

At 5 April 2025

42,930

At 5 April 2024

42,930

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Trade debtors

62,857

49,114

Other debtors

22

-

VAT

10,010

4,625

Prepayments

12,336

11,424

85,225

65,163

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Trade creditors

73,850

50,042

Tax

-

1,127

Directors' current account

544,847

569,566

Accruals and deferred income

16,952

-

Accrued expenses

4,060

3,895

Deferred government grants

2,104

2,475

641,813

627,105