REGISTERED NUMBER: 11066791 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

R AND A MARSH FARMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A R Marsh

The Executors of Mr R Marsh Deceased

REGISTERED OFFICE:

Holme Farm

Durley Road

Horton Heath

Eastleigh

SO50 7DY

REGISTERED NUMBER:

11066791 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

4

444,951

505,114

CURRENT ASSETS

Stocks

25,125

79,351

Debtors

5

100,203

22,338

Cash at bank

41,889

32,154

167,217

133,843

CREDITORS

Amounts falling due within one year

6

74,502

24,581

NET CURRENT ASSETS

92,715

109,262

TOTAL ASSETS LESS CURRENT LIABILITIES

537,666

614,376

CREDITORS

Amounts falling due after more than one year

7

744,988

826,899

NET LIABILITIES

(207,322

)

(212,523

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

(207,422

)

(212,623

)

SHAREHOLDERS' FUNDS

(207,322

)

(212,523

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 3rd October 2025 and were signed on its behalf by:

A R Marsh - Director

1.	STATUTORY INFORMATION

R and A Marsh Farms 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.

Turnover

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

Tangible fixed assets

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

Improvements to property

-

10% on reducing balance

Plant and machinery

-

15% on reducing balance

Tractors and combines

-

10% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Going concern

The company has net liabilities at the Balance Sheet date and is reliant on the directors of the company to provide sufficient working capital to meet liabilities as and when they fall due. The directors confirm they will continue to provide such working capital necessary to meet the company's day to day working capital requirements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Tractors

to

Plant and

and

Computer

property

machinery

combines

equipment

Totals

£

£

£

£

£

COST

At 1st April 2024

6,300

463,171

450,319

1,701

921,491

Additions

-

3,050

-

-

3,050

At 31st March 2025

6,300

466,221

450,319

1,701

924,541

DEPRECIATION

At 1st April 2024

2,579

223,643

188,793

1,362

416,377

Charge for year

372

36,439

26,153

249

63,213

At 31st March 2025

2,951

260,082

214,946

1,611

479,590

NET BOOK VALUE

At 31st March 2025

3,349

206,139

235,373

90

444,951

At 31st March 2024

3,721

239,528

261,526

339

505,114

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

99,631

420

Other debtors

572

-

VAT

-

7,835

Prepayments

-

14,083

100,203

22,338

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

63,828

19,140

Social security and other taxes

-

416

VAT

6,390

-

Other creditors

284

1,025

Accrued expenses

4,000

4,000

74,502

24,581

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Directors' loan accounts

744,988

826,899

There are no fixed repayment terms and no interest is charged on amounts due to the directors.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary shares

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1st April 2024

(212,623

)

Profit for the year

5,201

At 31st March 2025

(207,422

)