J.A.B. Farming Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC184000 (Scotland)

J.A.B. Farming Limited

Unaudited Financial Statements

for the Year Ended 31st March 2025

Page

Company information

1

Balance sheet

2

to

3

Notes to the financial statements

4

to

5

Director:

R K Bell

Registered office:

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Business address:

Roxburgh Mill

Roxburgh

Kelso

Roxburghshire

TD5 8NF

Registered number:

SC184000 (Scotland)

Accountants:

Rennie Welch LLP

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Current assets

Investments

4

135,481

135,971

Cash at bank

497

135,978

136,468

Creditors

Amounts falling due within one year

5

17,763

Net current assets

118,215

118,705

Total assets less current liabilities

118,215

118,705

Capital and reserves

Called up share capital

80,000

Retained earnings

38,215

38,705

Shareholders' funds

118,215

118,705

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11th November 2025 and were signed by:

R K Bell - Director

1.	Statutory information

J.A.B. Farming Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Financial instruments

The following liabilities are classified as financial instruments - directors' loans, trade creditors and accruals.

Directors' loans (being repayable on demand), accruals and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss in the Statement of Income and Retained Earnings.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Current asset investments

Current asset investments relate to interest in a partnership. This is measured at cost less any accumulated impairment losses.

Going concern

The director has considered the company's financial position for a minimum period of 12 months and beyond from the date of signing these financial statements and has an expectation that the company should be in a position to continue trading in the current format for the foreseeable future. Accordingly, he continues to adopt the going concern basis in preparing these financial statements.

3.	Employees and directors

The average number of employees during the year was NIL (2024 - NIL).

4.	Current asset investments

2025

2024

£

Unlisted investments

135,481

135,971

5.

Creditors: amounts falling due within one year

2025

2024

£

Trade creditors

13

Other creditors

17,750

17,763