Ulceby Farms Limited

Ulceby Farms Limited
Statement of Financial Position
As at 31 December 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	3	132,872	134,353
		132,872	134,353
Current assets
Debtors	4	4,955	2,855
Cash at bank and in hand		80,640	76,943
		85,595	79,798
Creditors: amount falling due within one year	5	(2,161)	(2,521)
Net current assets		83,434	77,277

Total assets less current liabilities		216,306	211,630
Net assets		216,306	211,630

Capital and reserves
Called up share capital		2,000	2,000
Revaluation Reserves	6	77,354	77,354
Profit and loss account		136,952	132,276
Shareholders' funds		216,306	211,630

For the year ended 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 17 September 2025 and were signed on its behalf by:

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P J W Halmshaw
Director

Ulceby Farms Limited
Notes to the Financial Statements
For the year ended 31 December 2024

General Information

Ulceby Farms Limited is a private company, limited by shares, registered in England and Wales, registration number 00576110, registration address 40 Melton Road, First floor (Unit 2), Oakham , Rutland, United Kingdom, LE15 6AY.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company and trade discounts.

2.	Average number of employees Average number of employees during the year was 0 (2023 : 0).

Tangible fixed assets

Cost or valuation	Land and Buildings	Total
	£	£
At 01 January 2024	170,035	170,035
Additions	-	-
Disposals	-	-
At 31 December 2024	170,035	170,035
Depreciation
At 01 January 2024	35,682	35,682
Charge for year	1,481	1,481
On disposals	-	-
At 31 December 2024	37,163	37,163
Net book values
Closing balance as at 31 December 2024	132,872	132,872
Opening balance as at 01 January 2024	134,353	134,353

The net book value of Land and Buildings includes £ 132,872 (2023 £134,353) in respect of assets leased under finance leases or hire purchase contracts.

Debtors: amounts falling due within one year

	2024 £	2023 £
Halmshaw Trust	2,100	0
Directors' Current Accounts	2,855	2,855
	4,955	2,855

Creditors: amount falling due within one year

	2024 £		2023 £
Accrued Expenses	2,161		2,521
	2,161		2,521

Revaluation Reserves

	2024 £		2023 £
Revaluation Reserve b/fwd	77,354		77,354
	77,354		77,354

Registered Number: 00576110
England and Wales
ULCEBY FARMS LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 January 2024 End date: 31 December 2024