Company registration number 00506775 (England and Wales)
L. BARTRUPT & SON LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
PAGES FOR FILING WITH REGISTRAR
L. BARTRUPT & SON LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
L. BARTRUPT & SON LIMITED
BALANCE SHEET
AS AT
30 JUNE 2025
30 June 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
817,503
862,517
Current assets
Stocks
278,265
286,740
Debtors
5
34,121
37,297
Cash at bank and in hand
32,616
11,954
345,002
335,991
Creditors: amounts falling due within one year
6
(162,424)
(216,133)
Net current assets
182,578
119,858
Total assets less current liabilities
1,000,081
982,375
Creditors: amounts falling due after more than one year
7
(86,932)
(125,303)
Provisions for liabilities
(69,543)
(66,960)
Net assets
843,606
790,112
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss reserves
842,606
789,112
Total equity
843,606
790,112
L. BARTRUPT & SON LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2025
30 June 2025
- 2 -

For the financial year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 23 October 2025 and are signed on its behalf by:
J L Freeman
Director
Company registration number 00506775 (England and Wales)
L. BARTRUPT & SON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
- 3 -
1
Accounting policies
Company information

L. Bartrupt & Son Limited is a private company limited by shares incorporated in England and Wales. The registered office is Hill FarmFord End, Chelmsford, Essex, CM3 1LH.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is the total amount receivable in the ordinary course of business for farm sales and agricultural contracting, excluding VAT.

The company recognises revenue from the farming activities.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold building costs
4% per annum straight line
Plant and machinery
20% or 25% per annum reducing balance
Fixtures and fittings
20% per annum reducing balance
Motor vehicles
25% per annum reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Stocks

Farm stocks and tillages are valued by the directors at the lower of cost and net realisable value on bases and methods applied consistently.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

L. BARTRUPT & SON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 4 -
1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.9
Retirement benefits

The company contributes to money purchase pension schemes for its directors and staff. The pension costs charged against profits represent the amount of the contributions payable to the scheme in respect of the accounting period.

1.10
Leases
As lessor

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

L. BARTRUPT & SON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 5 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
7
5
4
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 July 2024
888,276
847,115
1,735,391
Additions
36,818
11,545
48,363
Disposals
-
0
(3,000)
(3,000)
Transfers
(52,051)
52,051
-
0
At 30 June 2025
873,043
907,711
1,780,754
Depreciation and impairment
At 1 July 2024
253,905
618,969
872,874
Depreciation charged in the year
34,789
58,283
93,072
Eliminated in respect of disposals
-
0
(2,695)
(2,695)
Transfers
(12,111)
12,111
-
0
At 30 June 2025
276,583
686,668
963,251
Carrying amount
At 30 June 2025
596,460
221,043
817,503
At 30 June 2024
634,371
228,146
862,517
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
24,104
21,128
Other debtors
10,017
16,169
34,121
37,297
L. BARTRUPT & SON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 6 -
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
27,535
98,527
Trade creditors
38,038
42,400
Corporation tax
29,361
5,691
Other taxation and social security
7,253
5,541
Other creditors
60,237
63,974
162,424
216,133
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
28,432
55,970
Other creditors
58,500
69,333
86,932
125,303
8
Related party transactions

During the year, the company paid rent at commercial rates to Mr B G Freeman, a director of the company. Amounts paid in the year totalled £8,500 (2024: £34,000).

During the year, the company paid rent at commercial rates to Mr J L Freeman, a director of the company. Amounts paid in the year totalled £30,000 (2024: £Nil).

Mr B G Freeman and his wife, Mrs G C Freeman (also a director of the company) continued to loan money to the company on an interest free basis. Throughout the year, the amount owing to Mr & Mrs Freeman amounted to £58,500 (2024:£58,500).

In addition, Mr J L Freeman, who is also a director of the company, also continued to loan money to the company on an interest free basis. Throughout the year, the amount owing to Mr J L Freeman amounted to £20,000 (2024:£20,000).

The directors have stated that they would give the company twelve months notice before requiring payment.

9
Controlling party

The company is controlled by its director, Mr B Freeman, by virtue of his majority shareholding.

2025-06-30 2024-07-01 false false false 24 October 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity B G Freeman J L Freeman J J Freeman G C Freeman J J Freeman 00506775 2024-07-01 2025-06-30 00506775 2025-06-30 00506775 2024-06-30 00506775 core:LandBuildings 2025-06-30 00506775 core:OtherPropertyPlantEquipment 2025-06-30 00506775 core:LandBuildings 2024-06-30 00506775 core:OtherPropertyPlantEquipment 2024-06-30 00506775 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 00506775 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 00506775 core:ShareCapital 2025-06-30 00506775 core:ShareCapital 2024-06-30 00506775 core:RetainedEarningsAccumulatedLosses 2025-06-30 00506775 core:RetainedEarningsAccumulatedLosses 2024-06-30 00506775 bus:Director2 2024-07-01 2025-06-30 00506775 core:LandBuildings core:LongLeaseholdAssets 2024-07-01 2025-06-30 00506775 core:PlantMachinery 2024-07-01 2025-06-30 00506775 core:FurnitureFittings 2024-07-01 2025-06-30 00506775 core:MotorVehicles 2024-07-01 2025-06-30 00506775 2023-07-01 2024-06-30 00506775 core:LandBuildings 2024-06-30 00506775 core:OtherPropertyPlantEquipment 2024-06-30 00506775 2024-06-30 00506775 core:LandBuildings 2024-07-01 2025-06-30 00506775 core:OtherPropertyPlantEquipment 2024-07-01 2025-06-30 00506775 core:CurrentFinancialInstruments 2025-06-30 00506775 core:CurrentFinancialInstruments 2024-06-30 00506775 core:WithinOneYear 2025-06-30 00506775 core:WithinOneYear 2024-06-30 00506775 core:Non-currentFinancialInstruments 2025-06-30 00506775 core:Non-currentFinancialInstruments 2024-06-30 00506775 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 00506775 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 00506775 bus:FRS102 2024-07-01 2025-06-30 00506775 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 00506775 bus:Director1 2024-07-01 2025-06-30 00506775 bus:Director3 2024-07-01 2025-06-30 00506775 bus:Director4 2024-07-01 2025-06-30 00506775 bus:CompanySecretary1 2024-07-01 2025-06-30 00506775 bus:FullAccounts 2024-07-01 2025-06-30 xbrli:pure xbrli:shares iso4217:GBP