REGISTERED NUMBER: 11603833 (England and Wales)

FONMON CASTLE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N D Ford

Ms R J Harris

REGISTERED OFFICE:

Red Hill Farmyard

Red Hill

Alcester

Warwickshire

B49 6NQ

REGISTERED NUMBER:

11603833 (England and Wales)

AUDITORS:

Charles Lovell & Co Limited

Chartered Certified Accountants

and Statutory Auditors

8 Church Green East

Redditch

Worcestershire

B98 8BP

FIXED ASSETS

Intangible assets

4

2,293

4,013

CURRENT ASSETS

Debtors

5

56,132

5,724

Cash at bank and in hand

8,174

21,521

64,306

27,245

CREDITORS

Amounts falling due within one year

6

93,764

64,611

NET CURRENT LIABILITIES

(29,458

)

(37,366

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(27,165

)

(33,353

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(27,265

)

(33,453

)

SHAREHOLDERS' FUNDS

(27,165

)

(33,353

)

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

N D Ford - Director

1.	STATUTORY INFORMATION

Fonmon Castle Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis in anticipation of continued support from group companies which have substantial financial resources.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Agricultural licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Agricultural

licences

£

COST

At 1 January 2024

and 31 December 2024

8,600

AMORTISATION

At 1 January 2024

4,587

Amortisation for year

1,720

At 31 December 2024

6,307

NET BOOK VALUE

At 31 December 2024

2,293

At 31 December 2023

4,013

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

53,544

3,920

Prepayments & accrued income

2,588

1,804

56,132

5,724

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

30,028

30,246

Social security & other taxes

1,950

2,599

Pension fund creditor

551

446

VAT

20,491

11,425

Directors' loan accounts

333

523

Accruals & deferred income

40,411

19,372

93,764

64,611

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.24

31.12.23

£

£

Within one year

335

1,339

Between one and five years

-

335

335

1,674

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Richard James Beresford FCCA (Senior Statutory Auditor)

for and on behalf of Charles Lovell & Co Limited

9.	RELATED PARTY DISCLOSURES

During the year the company had purchases of £nil with an associated company (2023: £1,423).

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Harris and Ford Limited, a company incorporated in the United Kingdom.