VILLAGE GREENS FARM SHOP LIMITED

Company Registration Number:
05988731 (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

VILLAGE GREENS FARM SHOP LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

VILLAGE GREENS FARM SHOP LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 53,589 13,954
Total fixed assets: 53,589 13,954
Current assets
Stocks: 39,297 28,137
Debtors:   19,520 23,199
Cash at bank and in hand: 63,436 74,559
Total current assets: 122,253 125,895
Creditors: amounts falling due within one year: 4 (110,039) (114,124)
Net current assets (liabilities): 12,214 11,771
Total assets less current liabilities: 65,803 25,725
Total net assets (liabilities): 65,803 25,725
Capital and reserves
Called up share capital: 200 200
Share premium account: 99,900 99,900
Revaluation reserve:51,9600
Profit and loss account: (36,257) (74,375)
Shareholders funds: 65,803 25,725

The notes form part of these financial statements

VILLAGE GREENS FARM SHOP 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 30 July 2025
and signed on behalf of the board by:

Name: James Dampier
Status: Director

The notes form part of these financial statements

VILLAGE GREENS FARM SHOP 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

Turnover policy

Turnover is stated net of VAT.

Tangible fixed assets and depreciation policy

Fixed assets are depreciated from the month they come into use the using fixed line depreciation method over periods of between 3 and 10 years.

Other accounting policies

Stock is valued at the lower of cost or net realisable value.

VILLAGE GREENS FARM SHOP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 30 33

VILLAGE GREENS FARM SHOP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 127,877
Additions 48,014
Disposals (5,186)
At 31 December 2024 170,705
Depreciation
At 01 January 2024 113,923
Charge for year 8,379
On disposals (5,186)
At 31 December 2024 117,116
Net book value
At 31 December 2024 53,589
At 31 December 2023 13,954

VILLAGE GREENS FARM SHOP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

Trade Creditors £63,783 (£82,330) Accruals £10,797 (£7,938) Wages £12,434 (£1,201) HMRC £4,173 (£6,565) Other Creditors £18,715 (£14,221) Directors loan account £136 (£670)

VILLAGE GREENS FARM SHOP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Revaluation reserve

2024
£
Balance at 01 January 2024 0
Surplus or deficit after revaluation 1,960
Balance at 31 December 2024 1,960

VILLAGE GREENS FARM SHOP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Financial commitments

Lease Commitments Due within 12m £21,000 Due 12m-5years £84,000 Due after 5 years £241,701