REGISTERED NUMBER: 13586812 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

SHOTWICK FARMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M J Coar

J E Coar

Mrs A L Morton

REGISTERED OFFICE:

Shotwick Hall

Hall Lane

Chester

Cheshire

CH1 6JB

REGISTERED NUMBER:

13586812 (England and Wales)

FIXED ASSETS

Tangible assets

4

947,996

905,404

Investments

5

45

-

948,041

905,404

CURRENT ASSETS

Stocks

512,368

459,903

Debtors

6

62,518

51,290

Investments

7

28,113

19,010

Cash at bank

53,555

69,616

656,554

599,819

CREDITORS

Amounts falling due within one year

8

296,459

400,099

NET CURRENT ASSETS

360,095

199,720

TOTAL ASSETS LESS CURRENT LIABILITIES

1,308,136

1,105,124

CREDITORS

Amounts falling due after more than one year

9

-

(772,932

)

PROVISIONS FOR LIABILITIES

(54,923

)

(36,753

)

NET ASSETS

1,253,213

295,439

CAPITAL AND RESERVES

Called up share capital

145

100

Retained earnings

1,253,068

295,339

1,253,213

295,439

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 directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14th October 2025 and were signed on its behalf by:

M J Coar - Director

1.	STATUTORY INFORMATION

Shotwick Farms Limited is a private company, limited by shares , registered in England and Wales. 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.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

INVESTMENTS IN SUBSIDIARIES

Investments in subsidiary undertakings are recognised at cost.

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Biological Assets

The class of biological assets within these financial statements are that of a herd of cattle and are valued using the cost model in accordance with FRS102.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st April 2024

185,184

885,056

1,070,240

Additions

-

176,698

176,698

Disposals

-

(59,545

)

(59,545

)

At 31st March 2025

185,184

1,002,209

1,187,393

DEPRECIATION

At 1st April 2024

-

164,836

164,836

Charge for year

-

85,875

85,875

Eliminated on disposal

-

(11,314

)

(11,314

)

At 31st March 2025

-

239,397

239,397

NET BOOK VALUE

At 31st March 2025

185,184

762,812

947,996

At 31st March 2024

185,184

720,220

905,404

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

45

At 31st March 2025

45

NET BOOK VALUE

At 31st March 2025

45

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

48,660

49,180

Other debtors

13,858

2,110

62,518

51,290

7.	CURRENT ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Trade investments

28,113

19,010

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

25,981

196,825

Hire purchase contracts

64,901

45,979

Trade creditors

110,624

62,636

Taxation and social security

42,864

25,798

Other creditors

52,089

68,861

296,459

400,099

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

-

772,932

10.	RELATED PARTY DISCLOSURES

During the year, rent of £16,000 (2024: £15,821) for agricultural land was paid to the director.

The amount outstanding to M J & D A Coar Limited at 31st March 2025 is £Nil (2024: £772,932).