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COMPANY REGISTRATION NUMBER: 15273448

Smiths Farm Limited

Filleted Unaudited Financial Statements

30 November 2024

Smiths Farm Limited

Financial Statements

Period from 9 November 2023 to 30 November 2024

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 2

Smiths Farm Limited

Statement of Financial Position

30 November 2024

| 30 Nov 24
Note | £

Current assets

Stocks | 2,302,269
Debtors | 5 | 4,050
Cash at bank and in hand | 100
| ------------
| 2,306,419

Creditors: amounts falling due within one year | 6 | 2,307,210
| ------------
Net current liabilities | 791
| ----
Total assets less current liabilities | ( 791)
| ----
Net liabilities | ( 791)
| ----

Capital and reserves

Called up share capital | 100
Profit and loss account | ( 891)
| ----
Shareholders deficit | ( 791)
| ----

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 statement of comprehensive income has not been delivered.
For the period ending 30 November 2024 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 financial statements for the period in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 6 November 2025 , and are signed on behalf of the board by:

A P Howarth |
Director |

Company registration number: 15273448

Smiths Farm Limited

Notes to the Financial Statements

Period from 9 November 2023 to 30 November 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Chevron House, 346 Long Lane, Hillingdon, Middlesex, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 2 .
5. Debtors

| 30 Nov 24
| £
Other debtors | 4,050
| -------

6. Creditors: amounts falling due within one year

| 30 Nov 24
| £
Other creditors | 2,307,210
| ------------