REGISTERED NUMBER: 05460937 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JANUARY 2025

FOR

HOLLOW TREES FARM LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S A Bendall

R W Bendall

SECRETARY:

Mrs S A Bendall

REGISTERED OFFICE:

89 High Street

Hadleigh

Ipswich

Suffolk

IP7 5EA

BUSINESS ADDRESS:

Hollow Trees Farm

Semer

Ipswich

Suffolk

IP7 6HX

REGISTERED NUMBER:

05460937 (England and Wales)

ACCOUNTANTS:

Walter Wright

Chartered Accountants

89 High Street

Hadleigh

Ipswich

Suffolk

IP7 5EA

FIXED ASSETS

Intangible assets

4

1,250

3,750

Tangible assets

5

1,359,098

1,431,642

1,360,348

1,435,392

CURRENT ASSETS

Stocks

193,866

176,602

Debtors

6

21,660

22,758

Cash at bank and in hand

319,057

255,379

534,583

454,739

CREDITORS

Amounts falling due within one year

7

550,306

466,645

NET CURRENT LIABILITIES

(15,723

)

(11,906

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,344,625

1,423,486

CREDITORS

Amounts falling due after more than one year

8

(8,191

)

(25,681

)

PROVISIONS FOR LIABILITIES

(75,797

)

(107,784

)

NET ASSETS

1,260,637

1,290,021

CAPITAL AND RESERVES

Called up share capital

200,100

200,100

Retained earnings

10

1,060,537

1,089,921

SHAREHOLDERS' FUNDS

1,260,637

1,290,021

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 January 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 8 October 2025 and were signed on its behalf by:

Mrs S A Bendall - Director

1.	STATUTORY INFORMATION

Hollow Trees Farm 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.	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 represents the sales of goods, is recognised on dispatch, and disclosed net of discounts, returns and value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty years.

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.

Land and buildings

-

2% on cost

Plant and machinery etc

-

33% on reducing balance, 20% on reducing balance and 15% on reducing balance

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.

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 62 (2024 - 62 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 31 January 2024

and 30 January 2025

50,000

AMORTISATION

At 31 January 2024

46,250

Charge for year

2,500

At 30 January 2025

48,750

NET BOOK VALUE

At 30 January 2025

1,250

At 30 January 2024

3,750

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 31 January 2024

1,212,827

1,361,691

2,574,518

Additions

6,809

22,460

29,269

Disposals

-

(23,509

)

(23,509

)

At 30 January 2025

1,219,636

1,360,642

2,580,278

DEPRECIATION

At 31 January 2024

213,005

929,871

1,142,876

Charge for year

23,479

76,682

100,161

Eliminated on disposal

-

(21,857

)

(21,857

)

At 30 January 2025

236,484

984,696

1,221,180

NET BOOK VALUE

At 30 January 2025

983,152

375,946

1,359,098

At 30 January 2024

999,822

431,820

1,431,642

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

21,660

22,758

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loan

13,500

9,600

Trade creditors

144,541

138,268

Taxation and social security

52,303

67,523

Other creditors

339,962

251,254

550,306

466,645

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loan

8,191

25,681

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loan

21,691

35,281

10.

RESERVES

Retained

earnings

£

At 31 January 2024

1,089,921

Profit for the year

40,616

Dividends

(70,000

)

At 30 January 2025

1,060,537