REGISTERED NUMBER: 05620457 (England and Wales)

PARK FARM ROASTS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P A Stretton

SECRETARY:

G J Stretton

REGISTERED OFFICE:

Central Chambers

45-47 Albert Street

Rugby

Warwickshrie

CV21 2SG

REGISTERED NUMBER:

05620457 (England and Wales)

ACCOUNTANTS:

Atkinson Finch & Co

Chartered Accountants

Central Chambers

45-47 Albert Street

Rugby

Warwickshire

CV21 2SG

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

951

1,188

951

1,188

CURRENT ASSETS

Debtors

6

62,640

39,534

Cash at bank

128

1,153

62,768

40,687

CREDITORS

Amounts falling due within one year

7

28,538

28,341

NET CURRENT ASSETS

34,230

12,346

TOTAL ASSETS LESS CURRENT LIABILITIES

35,181

13,534

CREDITORS

Amounts falling due after more than one year

8

(1,611

)

(4,544

)

PROVISIONS FOR LIABILITIES

(181

)

(226

)

NET ASSETS

33,389

8,764

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

33,289

8,664

SHAREHOLDERS' FUNDS

33,389

8,764

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 her 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 1st December 2025 and were signed by:

P A Stretton - Director

1.	STATUTORY INFORMATION

Park Farm Roasts 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.

Significant judgements and estimates

There are no significant judgements that have a material effect on the accounts nor any accounting estimates that have a high risk of causing a material adjustment in a future accounting period.

Turnover

Turnover represents catering services provided. The company is not VAT registered.

Goodwill

Goodwill, being the amount paid in connection with the aquisition of a business in 2005, has been amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

60,000

AMORTISATION

At 1st April 2024

and 31st March 2025

60,000

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1st April 2024

and 31st March 2025

3,590

DEPRECIATION

At 1st April 2024

2,402

Charge for year

237

At 31st March 2025

2,639

NET BOOK VALUE

At 31st March 2025

951

At 31st March 2024

1,188

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

4,700

Other debtors

62,640

34,834

62,640

39,534

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

3,490

3,967

Corporation tax payable

7,952

1,896

Other creditors

-

12,045

Directors' current accounts

15,991

9,352

Accrued expenses

1,105

1,081

28,538

28,341

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

1,611

4,544

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2025 and 31st March 2024:

2025

2024

£

£

P A Stretton

Balance outstanding at start of year

-

1,804

Amounts repaid

-

(1,804

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-