JDB Farming Limited

Registered Number: 11790443 JDB Farming Limited
Statement of Financial Position
As at 31 January 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	1,648	2,186
		1,648	2,186
Current assets
Stocks	4	2,829	1,684
Cash at bank and in hand		253	250
		3,082	1,934
Creditors: amount falling due within one year	5	(29,216)	(25,532)
Net current assets		(26,134)	(23,598)

Total assets less current liabilities		(24,486)	(21,412)
Creditors: amount falling due after more than one year	6	(836)	(3,328)
Net assets		(25,322)	(24,740)

Capital and reserves
Called up share capital	7	100	100
Profit and loss account		(25,422)	(24,840)
Shareholders' funds		(25,322)	(24,740)

For the year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

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

The financial statements were approved by the director on 29 October 2025 and were signed by:

-------------------------------
J D Bailey
Director

JDB Farming Limited
Notes to the Financial Statements
For the year ended 31 January 2025

General Information

JDB Farming Limited is a private company, limited by shares, registered in England, registration number 11790443, registration address 1a Sandringham Drive, Spondon, Derby, Derbyshire, DE21 7QL.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard).

Turnover

Turnover comprises the invoiced value of goods and livestock sold, services supplied by the company and other farming receipts. Turnover is shown net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	25% Reducing Balance
Fixtures and Fittings	15% Reducing Balance

Stocks

Stock has been valued at the lower of cost and net realisable value. Cost is determined on a first in, first out (FIFO) basis. Purchased livestock is value at cost of purchase plus cost of rearing to the valuation date or maturity, if earlier. Where it is not possible to value the livestock, a deemed cost has been used. The deemed cost is a percentage of a reasonable estimate of the open market value. The percentage in the case of livestock being:

Cattle 60% of open market value

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Fixtures and Fittings	Total
	£	£	£
At 01 February 2024	5,810	159	5,969
Additions	-	-	-
Disposals	-	-	-
At 31 January 2025	5,810	159	5,969
Depreciation
At 01 February 2024	3,716	67	3,783
Charge for year	524	14	538
On disposals	-	-	-
At 31 January 2025	4,240	81	4,321
Net book values
Closing balance as at 31 January 2025	1,570	78	1,648
Opening balance as at 01 February 2024	2,094	92	2,186

Stocks

	2025 £		2024 £
Stocks	2,829		1,684
	2,829		1,684

Creditors: amount falling due within one year

	2025 £	2024 £
Bank Loans & Overdrafts	2,492	2,445
Accrued Expenses	314	300
Directors' Current Accounts	26,410	22,753
VAT	-	34
	29,216	25,532

The Bounce Back Loan is 100% Government guaranteed.

Amounts loaned to the company from the director are interest free and repayable on demand.

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank Loans & Overdrafts	836		3,328
	836		3,328

The Bounce Back Loan is 100% Government guaranteed.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

Registered Number: 11790443
England
Unaudited Financial Statements

for the year ended 31 January 2025
for
JDB FARMING LIMITED