Silverfin false false 31/03/2025 01/04/2024 31/03/2025 Mr M Boyle 01/07/2024 A R J Mounce 03/04/2014 L M Mounce 05/06/2020 R J Mounce 03/04/2014 J Mounce 03/04/2014 27 December 2025 The principal activity of the Company during the financial year was that of a farm shop. 08975476 2025-03-31 08975476 bus:Director1 2025-03-31 08975476 bus:Director2 2025-03-31 08975476 bus:Director3 2025-03-31 08975476 bus:Director4 2025-03-31 08975476 bus:Director5 2025-03-31 08975476 2024-03-31 08975476 core:CurrentFinancialInstruments 2025-03-31 08975476 core:CurrentFinancialInstruments 2024-03-31 08975476 core:Non-currentFinancialInstruments 2025-03-31 08975476 core:Non-currentFinancialInstruments 2024-03-31 08975476 core:ShareCapital 2025-03-31 08975476 core:ShareCapital 2024-03-31 08975476 core:RetainedEarningsAccumulatedLosses 2025-03-31 08975476 core:RetainedEarningsAccumulatedLosses 2024-03-31 08975476 core:LandBuildings 2024-03-31 08975476 core:PlantMachinery 2024-03-31 08975476 core:Vehicles 2024-03-31 08975476 core:LandBuildings 2025-03-31 08975476 core:PlantMachinery 2025-03-31 08975476 core:Vehicles 2025-03-31 08975476 core:CurrentFinancialInstruments core:Secured 2025-03-31 08975476 core:Non-currentFinancialInstruments core:Secured 2025-03-31 08975476 core:MoreThanFiveYears 2025-03-31 08975476 core:MoreThanFiveYears 2024-03-31 08975476 bus:OrdinaryShareClass1 2025-03-31 08975476 2024-04-01 2025-03-31 08975476 bus:FilletedAccounts 2024-04-01 2025-03-31 08975476 bus:SmallEntities 2024-04-01 2025-03-31 08975476 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 08975476 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08975476 bus:Director1 2024-04-01 2025-03-31 08975476 bus:Director2 2024-04-01 2025-03-31 08975476 bus:Director3 2024-04-01 2025-03-31 08975476 bus:Director4 2024-04-01 2025-03-31 08975476 bus:Director5 2024-04-01 2025-03-31 08975476 core:LandBuildings 2024-04-01 2025-03-31 08975476 core:PlantMachinery 2024-04-01 2025-03-31 08975476 core:Vehicles 2024-04-01 2025-03-31 08975476 2023-04-01 2024-03-31 08975476 core:Non-currentFinancialInstruments 2024-04-01 2025-03-31 08975476 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 08975476 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 08975476 (England and Wales)

# STRAWBERRY FIELDS FARM SHOP LIMITED

### Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

STRAWBERRY FIELDS FARM SHOP LIMITED

## Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

STRAWBERRY FIELDS FARM SHOP LIMITED

## BALANCE SHEET

As at 31 March 2025
STRAWBERRY FIELDS FARM SHOP LIMITED

## BALANCE SHEET (continued)

As at 31 March 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 3,807,929 |  | 3,135,037
|  | 3,807,929 |  | 3,135,037
Current assets |  |  |  |
Stocks |  | 418,194 |  | 436,239
Debtors | 4 | 1,208,145 |  | 753,453
Cash at bank and in hand |  | 702,572 |  | 716,080
|  | 2,328,911 |  | 1,905,772
Creditors: amounts falling due within one year | 5 | ( 2,251,686) |  | ( 1,370,279)
Net current assets |  | 77,225 |  | 535,493
Total assets less current liabilities |  | 3,885,154 |  | 3,670,530
Creditors: amounts falling due after more than one year | 6 | ( 944,695) |  | ( 1,176,540)
Provision for liabilities |  | ( 557,749) |  | ( 417,605)
Net assets |  | 2,382,710 |  | 2,076,385
Capital and reserves |  |  |  |
Called-up share capital | 7 | 150 |  | 150
Profit and loss account |  | 2,382,560 |  | 2,076,235
Total shareholder's funds |  | 2,382,710 |  | 2,076,385

For the financial 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 member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Strawberry Fields Farm Shop Limited (registered number: 08975476) were approved and authorised for issue by the Board of Directors on 27 December 2025. They were signed on its behalf by:

A R J Mounce Director |

STRAWBERRY FIELDS FARM SHOP LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
STRAWBERRY FIELDS FARM SHOP LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Strawberry Fields Farm Shop Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lifton Farm Shop, Lifton, PL16 0DE, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Revenue from services is recognised as they are delivered.

##### Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Land and buildings | 5 - 25 % reducing balance
Plant and machinery | 25 % reducing balance
Vehicles | 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

##### Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost of finished goods and work in progress includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.
Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Loans and borrowings
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.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 167 |  | 143

#### 3. Tangible assets

| Land and buildings |  | Plant and machinery |  | Vehicles |  | Total
| £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |
At 01 April 2024 | 2,662,813 |  | 2,739,914 |  | 270,067 |  | 5,672,794
Additions | 719,240 |  | 661,484 |  | 25,000 |  | 1,405,724
Disposals | 0 |  | ( 18,860) |  | ( 2,000) |  | ( 20,860)
At 31 March 2025 | 3,382,053 |  | 3,382,538 |  | 293,067 |  | 7,057,658
Accumulated depreciation |  |  |  |  |  |  |
At 01 April 2024 | 625,264 |  | 1,852,895 |  | 59,598 |  | 2,537,757
Charge for the financial year | 407,480 |  | 256,768 |  | 55,532 |  | 719,780
Disposals | 0 |  | ( 6,075) |  | ( 1,733) |  | ( 7,808)
At 31 March 2025 | 1,032,744 |  | 2,103,588 |  | 113,397 |  | 3,249,729
Net book value |  |  |  |  |  |  |
At 31 March 2025 | 2,349,309 |  | 1,278,950 |  | 179,670 |  | 3,807,929
At 31 March 2024 | 2,037,549 |  | 887,019 |  | 210,469 |  | 3,135,037

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 34,870 |  | 11,893
Amounts owed by directors | 131,137 |  | 0
Prepayments and accrued income | 400,646 |  | 211,889
VAT recoverable | 52,665 |  | 0
Other debtors | 588,827 |  | 529,671
| 1,208,145 |  | 753,453

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank loans (secured £ 166,783) | 176,951 |  | 155,154
Trade creditors | 1,232,535 |  | 579,514
Amounts owed to Group undertakings | 100 |  | 100
Taxation and social security | 134,436 |  | 203,756
Obligations under finance leases and hire purchase contracts | 23,434 |  | 23,434
Other creditors | 684,230 |  | 408,321
| 2,251,686 |  | 1,370,279

#### 6. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans (secured £ 930,844) | 940,580 |  | 1,161,463
Obligations under finance leases and hire purchase contracts | 4,115 |  | 15,077
| 944,695 |  | 1,176,540

HSBC hold a fixed and floating charge over the assets of the company.
Finance lease liabilities are secured over the assets to which they relate.

Amounts repayable after more than 5 years are included in creditors falling due over one year:

| 2025 |  | 2024
| £ |  | £
Bank loans | 248,648 |  | 531,611

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
150 Ordinary shares of £ 1.00 each | 150 |  | 150

#### 8. Financial commitments

Commitments

The total amount of financial commitments not included in the balance sheet is £674,475 (2024 - £302,500).

#### 9. Related party transactions

Transactions with the entity's directors

| 2025 |  | 2024
| £ |  | £
Mr A R J Mounce Balance b/fwd | (50) |  | 2,933
Advances to director | 67,149 |  | 52,958
Repayments by director | (47,969) |  | (55,941)
| 0 |  | 0
At 31 March | 19,130 |  | (50)
| 0 |  | 0
Mrs L M Mounce Balance b/fwd | 0 |  | 2,933
Advances to director | 57,807 |  | 42,318
Repayments by director | (20,938) |  | (45,251)
| 0 |  | 0
At 31 March | 36,869 |  | 0
| 0 |  | 0
Mr R J Mounce Balance b/fwd | 0 |  | 2,933
Advances to director | 44,135 |  | 18,365
Repayments by director | (6,566) |  | (21,298)
| 0 |  | 0
At 31 March | 37,569 |  | 0
| 0 |  | 0
Mrs J Mounce Balance b/fwd | 0 |  | 2,933
Advances to director | 44,135 |  | 18,365
Repayments by director | (6,566) |  | (21,298)
| 0 |  | 0
At 31 March | 37,569 |  | 0
| 0 |  | 0

2.25% loan account, unsecured and repayable on demand

#### 10. Ultimate controlling party

Parent Company:

Strawberry Fields Holdings Limited
Lifton Farm Shop, Strawberry Fields, Lifton, PL16 0DE, United Kingdom