Registration number: 06699796

Ansdell Farms Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 9

Ansdell Farms Limited

(Registration number: 06699796)
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Biological assets and intangible assets	4	129,391	122,357
Tangible assets	5	171,669	169,238
		301,060	291,595
Current assets
Stock		73,625	84,830
Debtors	6	90,005	78,211
Investments	7	15	15
Cash at bank and in hand		921	3,131
		164,566	166,187
Creditors: Amounts falling due within one year	8	(63,181)	(72,203)
Net current assets		101,385	93,984
Total assets less current liabilities		402,445	385,579
Creditors: Amounts falling due after more than one year	8	(13,333)	(23,333)
Provisions for liabilities		(42,917)	(32,155)
Net assets		346,195	330,091
Capital and reserves
Called up share capital		100	100
Retained earnings		346,095	329,991
Shareholders' funds		346,195	330,091

For the financial year ending 31 January 2025 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 9 September 2025 and signed on its behalf by:
 

Ansdell Farms Limited

(Registration number: 06699796)
Balance Sheet as at 31 January 2025

......................................... Mrs A M Ansdell Director

......................................... Mr T W C Ansdell Director

Ansdell Farms Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

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:
West Plaistow
Muddiford
Barnstaple
Devon
EX31 4EY

These financial statements were authorised for issue by the Board on 9 September 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 received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

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.

Ansdell Farms Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

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
Plant and machinery	8 years straight line

Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Biological assets

Biological assets are recognised only when three recognition criteria have been fulfilled:
• the entity has control over the asset as a result of past events;
• it is probable that future economic benefits associated with the asset will flow to the entity; and
• the fair value or cost of the asset can be measured reliably.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Production herd - valued at historical cost. Movement to and from the herd during the year is not shown, only the change in number held at the acocunting date.

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.

Ansdell Farms Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Stock

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprised direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 4).

Ansdell Farms Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

4	Biological assets and intangible assets

	Production herd £	Other intangible assets  £	Total £
Cost or valuation
At 1 February 2024	119,804	2,553	122,357
Additions	7,034	-	7,034
At 31 January 2025	126,838	2,553	129,391
Carrying amount
At 31 January 2025	126,838	2,553	129,391
At 31 January 2024	119,804	2,553	122,357

5	Tangible assets

	Plant and machinery £	Total £
Cost or valuation
At 1 February 2024	353,038	353,038
Additions	35,549	35,549
Disposals	(4,285)	(4,285)
At 31 January 2025	384,302	384,302
Depreciation
At 1 February 2024	183,800	183,800
Charge for the year	32,499	32,499
Eliminated on disposal	(3,666)	(3,666)
At 31 January 2025	212,633	212,633
Carrying amount
At 31 January 2025	171,669	171,669
At 31 January 2024	169,238	169,238

Ansdell Farms Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

6

Debtors

Current	2025 £	2024 £
Trade debtors	540	7,988
Other debtors	89,465	70,223
	90,005	78,211

7	Current asset investments

	2025 £	2024 £
Other investments	15	15

Ansdell Farms Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	15,105	28,120
Trade creditors		2,017	4,769
Taxation and social security		44,209	37,214
Accruals and deferred income		1,700	1,700
Other creditors		150	400
		63,181	72,203

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	13,333	23,333

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	13,333	23,333

Current loans and borrowings

	2025 £	2024 £
Hire purchase contracts	15,105	28,120

10

Dividends

		2025		2024
		£		£
Interim dividend of £500.00 (2024 - £800.00) per ordinary share		50,000		80,000

Ansdell Farms Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

11	Directors' transactions

During the year the following directors' had loans on which interest was paid:-

Transactions with directors

2025	At 1 February 2024 £	Advances to director £	Repayments by director £	At 31 January 2025 £
Mr T W C Ansdell
	33,336	151,944	(141,972)	43,308
	-	-	-	-
	33,336	151,944	(141,972)	43,308
Mrs A M Ansdell
	33,336	151,944	(141,972)	43,308
	-	-	-	-
	33,336	151,944	(141,972)	43,308

2024	At 1 February 2023 £	Advances to director £	Repayments by director £	At 31 January 2024 £
Mr T W C Ansdell
	33,274	166,304	(166,242)	33,336
	-	-	-	-
	33,274	166,304	(166,242)	33,336
Mrs A M Ansdell
	33,274	166,305	(166,242)	33,336
	-	-	-	-
	33,274	166,305	(166,242)	33,336