Registration number: 00515811

Mill Farm (Harvington) Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Mill Farm (Harvington) Limited

(Registration number: 00515811)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	13,943	16,133
Investment property	5	3,600,000	3,600,000
Other financial assets	6	2,973	2,973
		3,616,916	3,619,106
Current assets
Debtors	7	306,797	272,002
Cash at bank and in hand		35,321	19,558
		342,118	291,560
Creditors: Amounts falling due within one year	8	(24,972)	(20,074)
Net current assets		317,146	271,486
Total assets less current liabilities		3,934,062	3,890,592
Provisions for liabilities		(561,788)	(561,788)
Net assets		3,372,274	3,328,804
Capital and reserves
Called up share capital	9	12,500	12,500
Other reserves		2,293,604	2,293,604
Retained earnings		1,066,170	1,022,700
Shareholders' funds		3,372,274	3,328,804

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 August 2025 and signed on its behalf by:
 

Mill Farm (Harvington) Limited

(Registration number: 00515811)
Balance Sheet as at 31 December 2024

......................................... Mrs S Boers Director

Mill Farm (Harvington) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Anchor Lane
Harvington
Evesham
Worcestershire
WR11 8PA
United Kingdom

These financial statements were authorised for issue by the Board on 29 August 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration for rents and trade investment income received or receivable in the ordinary course of the Company’s activities.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Mill Farm (Harvington) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and equipment	25% Straight line
Glasshouses	Nil

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Mill Farm (Harvington) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4	Tangible assets

	Glasshouses  £	Fixtures and equipment £	Total £
Cost or valuation
At 1 January 2024	10,000	65,549	75,549
At 31 December 2024	10,000	65,549	75,549
Depreciation
At 1 January 2024	-	59,416	59,416
Charge for the year	-	2,190	2,190
At 31 December 2024	-	61,606	61,606
Carrying amount
At 31 December 2024	10,000	3,943	13,943
At 31 December 2023	10,000	6,133	16,133

5	Investment properties

	2024 £
At 1 January	3,600,000
At 31 December	3,600,000

Investment properties have been valued by the director on an open market value for existing use.

There has been no valuation of investment property by an independent valuer.

Mill Farm (Harvington) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

6	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
At 1 January 2024	2,973	2,973
At 31 December 2024	2,973	2,973
Impairment
Carrying amount
At 31 December 2024	2,973	2,973

7

Debtors

Current	Note	2024 £	2023 £
Amounts owed by related parties		306,797	272,002
		306,797	272,002

8

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Amounts due to related parties		29	397
Other payables		2,906	1,406
Accruals		3,559	3,648
Corporation tax liability		18,478	14,623
		24,972	20,074

Mill Farm (Harvington) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

9	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary shares of £1 each	12,500	12,500	12,500	12,500