Registration number: 11454371

AH Farms Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 7

AH Farms Ltd

Company Information

Directors

A M Spencer H E Sharpe K A Pinder

Registered office

Fieldview House Catskin Lane Walesby MARKET RASEN Lincolnshire LN8 3FZ

Auditors

Forrester Boyd Waynflete House 139 Eastgate Louth Lincolnshire LN11 9QQ

AH Farms Ltd

(Registration number: 11454371)
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	65,536	72,055
Tangible assets	5	7,001,321	7,013,491
Other financial assets	6	5	5
		7,066,862	7,085,551
Current assets
Stocks	7	83,709	49,934
Debtors	8	200,874	125,690
Cash at bank and in hand		1,251,553	1,388,150
		1,536,136	1,563,774
Creditors: Amounts falling due within one year	9	(87,461)	(195,839)
Net current assets		1,448,675	1,367,935
Total assets less current liabilities		8,515,537	8,453,486
Provisions for liabilities		(22,482)	(25,524)
Net assets		8,493,055	8,427,962
Capital and reserves
Called up share capital	10	10,000	10,000
Retained earnings		8,483,055	8,417,962
Shareholders' funds		8,493,055	8,427,962

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 October 2025 and signed on its behalf by:
 

......................................... K A Pinder Director

AH Farms Ltd

Notes to the Financial Statements for the Year Ended 31 January 2025

1	General information

The company is a private company limited by share capital incorporated in England and Wales and the company registration number is 11454371.

The address of its registered office is:
Fieldview House
Catskin Lane
Walesby
MARKET RASEN
Lincolnshire
LN8 3FZ

These financial statements were authorised for issue by the Board on 30 October 2025.

These financial statements cover the individual entity, AH Farms Ltd.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 30 October 2025 was Adam Millson ACA, who signed for and on behalf of Forrester Boyd .

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

AH Farms Ltd

Notes to the Financial Statements for the Year Ended 31 January 2025

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Land	Not depreciated
Plant and machinery	5 years straight line basis and no depreciation

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Entitlements	8 years straight line basis
Crop Storage Rights	Not amortised

Stocks

The basis of valuation is as follows:
Raw materials and consumables are stated at the lower of cost or net realisable value.
Tenantright is calculated by a combination of actual costs incurred and standard costs.
Produce on hand is valued at standard cost.
Standard costings are based upon calculations prepared by the Central Association of Agricultural Valuers.
The basis of valuation is consistent with previous years.

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 0 (2024 - 0).

AH Farms Ltd

Notes to the Financial Statements for the Year Ended 31 January 2025

4	Intangible assets

	Crop Storage Rights £	Basic Payment Entitlements  £	Total £
Cost or valuation
At 1 February 2024	52,500	52,150	104,650
At 31 January 2025	52,500	52,150	104,650
Amortisation
At 1 February 2024	-	32,595	32,595
Amortisation charge	-	6,519	6,519
At 31 January 2025	-	39,114	39,114
Carrying amount
At 31 January 2025	52,500	13,036	65,536
At 31 January 2024	52,500	19,555	72,055

5	Tangible assets

	Land and buildings £	Plant and machinery  £	Total £
Cost or valuation
At 1 February 2024	6,911,395	120,351	7,031,746
At 31 January 2025	6,911,395	120,351	7,031,746
Depreciation
At 1 February 2024	-	18,255	18,255
Charge for the year	-	12,170	12,170
At 31 January 2025	-	30,425	30,425
Carrying amount
At 31 January 2025	6,911,395	89,926	7,001,321
At 31 January 2024	6,911,395	102,096	7,013,491

AH Farms Ltd

Notes to the Financial Statements for the Year Ended 31 January 2025

6	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
At 1 February 2024	5	5
At 31 January 2025	5	5
Impairment
Carrying amount
At 31 January 2025	5	5

7

Stocks

	2025 £	2024 £
Tenantright	11,683	30,493
Finished goods and goods for resale	72,026	19,441
	83,709	49,934

8

Debtors

Current	2025 £	2024 £
Trade debtors	141,750	77,351
Other debtors	59,124	48,339
	200,874	125,690

9

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	8,155	116,667
Taxation and social security	26,059	7,222
Accruals and deferred income	53,247	71,950
	87,461	195,839

AH Farms Ltd

Notes to the Financial Statements for the Year Ended 31 January 2025

10	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	10,000	10,000	10,000	10,000