REGISTERED NUMBER: 08222560 (England and Wales)

RHYDIMOOR FARMS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Y S Thomas

A Thomas

L R Thomas

REGISTERED OFFICE:

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

REGISTERED NUMBER:

08222560 (England and Wales)

ACCOUNTANTS:

Green & Co

Chartered Certified Accountants

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

287,264

243,503

287,264

243,503

CURRENT ASSETS

Debtors

6

63,837

132,588

Cash at bank

422,778

95,360

486,615

227,948

CREDITORS

Amounts falling due within one year

7

185,344

87,060

NET CURRENT ASSETS

301,271

140,888

TOTAL ASSETS LESS CURRENT LIABILITIES

588,535

384,391

CREDITORS

Amounts falling due after more than one year

8

(33,336

)

(13,333

)

PROVISIONS FOR LIABILITIES

(55,127

)

(59,888

)

NET ASSETS

500,072

311,170

CAPITAL AND RESERVES

Called up share capital

9

120

120

Retained earnings

499,952

311,050

SHAREHOLDERS' FUNDS

500,072

311,170

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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th July 2025 and were signed on its behalf by:

Y S Thomas - Director

1.	STATUTORY INFORMATION

Rhydimoor 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 NIL (2024 - 4 ).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

20,000

AMORTISATION

At 1st April 2024

and 31st March 2025

20,000

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1st April 2024

63,040

797,328

37,037

897,405

Additions

-

109,630

-

109,630

Disposals

-

(29,500

)

-

(29,500

)

At 31st March 2025

63,040

877,458

37,037

977,535

DEPRECIATION

At 1st April 2024

-

628,868

25,034

653,902

Charge for year

-

53,806

3,001

56,807

Eliminated on disposal

-

(20,438

)

-

(20,438

)

At 31st March 2025

-

662,236

28,035

690,271

NET BOOK VALUE

At 31st March 2025

63,040

215,222

9,002

287,264

At 31st March 2024

63,040

168,460

12,003

243,503

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

Additions

50,000

At 31st March 2025

50,000

DEPRECIATION

Charge for year

10,000

At 31st March 2025

10,000

NET BOOK VALUE

At 31st March 2025

40,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

45,254

115,849

VAT

18,583

16,739

63,837

132,588

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

3,143

10,000

Hire purchase contracts

14,000

-

Trade creditors

83,637

76,423

Corporation Tax

65,022

-

Social security and other taxes

-

156

Other creditors

16,111

-

Directors' loan accounts

3,431

481

185,344

87,060

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - more than 1 year

12,476

13,333

Hire purchase contracts

20,860

-

33,336

13,333

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10

Ordinary B

£1

10

10

10

Ordinary C

£1

10

10

120

120

10.	RELATED PARTY DISCLOSURES

As at 31st March 2025 the company owed £3,431 to E C & Y S Thomas. (2024 - £480).