REGISTERED NUMBER: 01340287 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

F & D Farms Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs P J A Deans

Mr M J A Gurnett

REGISTERED OFFICE:

Baker's Lodge

3 High Street

Stock

Nr. Ingatestone

Essex

CM4 9BD

REGISTERED NUMBER:

01340287 (England and Wales)

FIXED ASSETS

Tangible assets

5

1,506

2,009

Investments

6

2,603

2,739

Investment property

7

618,086

618,086

622,195

622,834

CURRENT ASSETS

Debtors

8

308

304

Cash at bank

71,502

82,845

71,810

83,149

CREDITORS

Amounts falling due within one year

9

9,108

12,376

NET CURRENT ASSETS

62,702

70,773

TOTAL ASSETS LESS CURRENT LIABILITIES

684,897

693,607

PROVISIONS FOR LIABILITIES

142,417

142,543

NET ASSETS

542,480

551,064

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

426,120

426,120

Retained earnings

116,260

124,844

SHAREHOLDERS' FUNDS

542,480

551,064

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 28 September 2025 and were signed on its behalf by:

Mrs P J A Deans - Director

Mr M J A Gurnett - Director

1.	STATUTORY INFORMATION

F & D 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc - 25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

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.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

and 30 June 2025

6,106

DEPRECIATION

At 1 July 2024

4,097

Charge for year

503

At 30 June 2025

4,600

NET BOOK VALUE

At 30 June 2025

1,506

At 30 June 2024

2,009

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 July 2024

2,739

Revaluations

(136

)

At 30 June 2025

2,603

NET BOOK VALUE

At 30 June 2025

2,603

At 30 June 2024

2,739

Cost or valuation at 30 June 2025 is represented by:

Other

investments

£

Valuation in 2018

2,045

Valuation in 2019

863

Valuation in 2020

1,471

Valuation in 2021

5,287

Valuation in 2022

(2,315

)

Valuation in 2023

(9,481

)

Valuation in 2024

(151

)

Valuation in 2025

(136

)

Cost

5,020

2,603

If listed investments had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

5,020

5,020

Listed investments were valued on an open market basis on 30 June 2025 by Jennings Wealth Management Ltd .

The directors have revalued the investments held by the company to reflect their fair value in accordance with FRS 102 Section 1A.

The directors have provided a breakdown of the valuation of the investments held at 30 June 2025.

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

and 30 June 2025

618,086

NET BOOK VALUE

At 30 June 2025

618,086

At 30 June 2024

618,086

Fair value at 30 June 2025 is represented by:

£

Valuation in 2015

272,228

Valuation in 2018

25,288

Valuation in 2020

2,014

Valuation in 2022

218,189

Valuation in 2024

50,442

Cost

49,925

618,086

If the investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

49,925

49,925

The investment property was valued on an open market basis on 30 June 2025 by the directors .

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

308

304

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

277

309

Amounts owed to group undertakings

1

-

Taxation and social security

523

2,193

Other creditors

8,307

9,874

9,108

12,376

Included within other creditors disclosed above is a balance of £1,758 (2024 - £2,809) in relation to accrued expenses, a balance of £1,166 (2024 - £1,166) in relation to deferred income and a balance of £5,383 (2024 - £5,899) in relation to the directors' loan accounts.