Hunton Farms Limited 31/03/2025 iXBRL

Company registration number: 08008431

Hunton Farms Limited

Unaudited filleted financial statements

31 March 2025

THE BARKER PARTNERSHIP

Chartered Accountants

Thirsk

Hunton Farms Limited

Contents

Directors and other information

Accountants report

Balance sheet

Notes to the financial statements

Hunton Farms Limited

Directors and other information


	Directors	Mr C Hunton
		Mrs G Hunton


	Company number	08008431


	Registered office	17 Central Buildings
		Market Place
		Thirsk
		North Yorkshire
		YO7 1HD


	Accountants	The Barker Partnership
		17 Central Buildings
		Market Place
		Thirsk
		North Yorkshire
		YO7 1HD

Hunton Farms Limited

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of Hunton Farms Limited

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hunton Farms Limited for the year ended 31 March 2025 which comprise the Balance sheet and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Hunton Farms Limited, as a body, in accordance with the terms of our engagement letter dated 18 September 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Hunton Farms Limited and state those matters that we have agreed to state to the board of directors of Hunton Farms Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hunton Farms Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Hunton Farms Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hunton Farms Limited. You consider that Hunton Farms Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hunton Farms Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

The Barker Partnership

Chartered Accountants

17 Central Buildings

Market Place

Thirsk

North Yorkshire

YO7 1HD

17 October 2025

Hunton Farms Limited

Balance sheet

31 March 2025

		31/03/25		31/03/24
	Note	£	£	£	£

Fixed assets
Tangible assets	5	3,493		2,757
		_______		_______
			3,493		2,757

Current assets
Stocks		94,970		73,427
Debtors	6	113		6,811
Cash at bank and in hand		37,278		57,403
		_______		_______
		132,361		137,641
Creditors: amounts falling due
within one year	7	( 111,351)		( 129,164)
		_______		_______
Net current assets			21,010		8,477
			_______		_______
Total assets less current liabilities			24,503		11,234


Provisions for liabilities			( 664)		-

			_______		_______
Net assets			23,839		11,234
			_______		_______

Capital and reserves
Called up share capital			2		2
Profit and loss account			23,837		11,232
			_______		_______
Shareholders funds			23,839		11,234
			_______		_______

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

Directors responsibilities:

- The 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 Act 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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 17 October 2025 , and are signed on behalf of the board by:

Mr C Hunton

Director

Company registration number: 08008431

Hunton Farms Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 17 Central Buildings, Market Place, Thirsk, North Yorkshire, YO7 1HD.The principal activity of the company is the raising of cattle.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A. The Financial Reporting Standard applicable in the UK and Republic of Ireland.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods suppliedand services rendered, net of discounts and Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in thereporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.Current tax is recognised on taxable profit for the current and past periods. Current tax is measured atthe amounts of tax expected to pay or recover using the tax rates and laws that have been enacted orsubstantively enacted at the reporting date.Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved taxlosses and other deferred tax assets are recognised to the extent that it is probable that they will berecovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax ismeasured using the tax rates and laws that have been enacted or substantively enacted by thereporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	20 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the Balance sheet and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

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

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Plant and machinery	Total
	£	£
Cost
At 1 April 2024	28,566	28,566
Additions	1,500	1,500
	_______	_______
At 31 March 2025	30,066	30,066
	_______	_______
Depreciation
At 1 April 2024	25,809	25,809
Charge for the year	764	764
	_______	_______
At 31 March 2025	26,573	26,573
	_______	_______
Carrying amount
At 31 March 2025	3,493	3,493
	_______	_______
At 31 March 2024	2,757	2,757
	_______	_______

6. Debtors

	31/03/25	31/03/24
	£	£
Trade debtors	-	4,695
Other debtors	113	2,116
	_______	_______
	113	6,811
	_______	_______

7. Creditors: amounts falling due within one year

	31/03/25	31/03/24
	£	£
Trade creditors	3,816	12,332
Corporation tax	531	-
Other creditors	107,004	116,832
	_______	_______
	111,351	129,164
	_______	_______

8. Related party transactions

The directors and shareholders of the company are also partners in a farming partnership. During the period the partnership provided the company with an interest free, unsecured loan, with no fixed repayment terms. The balance at the year end included in creditors was £98,871 (2024 - £109,744).During the period the farming partnership paid the company a management fee of £15,000 (2024 - £15,000).