NEW CLOSE FARM LIMITED

Company Registration Number:
01985364 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

NEW CLOSE FARM LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

NEW CLOSE FARM LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 699,303 753,949
Total fixed assets: 699,303 753,949
Current assets
Stocks: 96,944 109,183
Debtors:   135,622 86,347
Cash at bank and in hand: 234,396 113,910
Total current assets: 466,962 309,440
Creditors: amounts falling due within one year:   (358,490) (232,929)
Net current assets (liabilities): 108,472 76,511
Total assets less current liabilities: 807,775 830,460
Creditors: amounts falling due after more than one year:   (717,860) (736,582)
Provision for liabilities: (25,911) (38,764)
Total net assets (liabilities): 64,004 55,114
Capital and reserves
Called up share capital: 104 104
Profit and loss account: 63,900 55,010
Shareholders funds: 64,004 55,114

The notes form part of these financial statements

NEW CLOSE FARM LIMITED

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 September 2025
and signed on behalf of the board by:

Name: Thomas Armstrong
Status: Director

The notes form part of these financial statements

NEW CLOSE FARM LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NEW CLOSE FARM LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 25 19

NEW CLOSE FARM LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 1,579,829
Additions 1,766
Disposals (5,000)
At 31 December 2024 1,576,595
Depreciation
At 01 January 2024 825,880
Charge for year 51,412
At 31 December 2024 877,292
Net book value
At 31 December 2024 699,303
At 31 December 2023 753,949