REGISTERED NUMBER: 01045801 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

LECONFIELD FARMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Lord Egremont

Lady Egremont

G Wyndham

SECRETARY:

T P Wardle

REGISTERED OFFICE:

Petworth House

Petworth

West Sussex

GU28 0DU

REGISTERED NUMBER:

01045801 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Intangible assets

4

-

3,180

Tangible assets

5

211,769

217,632

Investments

6

30,832

29,194

242,601

250,006

CURRENT ASSETS

Stocks

269,369

257,709

Debtors

7

235,783

161,380

Cash at bank

317,718

261,637

822,870

680,726

CREDITORS

Amounts falling due within one year

8

361,391

202,908

NET CURRENT ASSETS

461,479

477,818

TOTAL ASSETS LESS CURRENT LIABILITIES

704,080

727,824

PROVISIONS FOR LIABILITIES

5,858

5,547

NET ASSETS

698,222

722,277

CAPITAL AND RESERVES

Called up share capital

40,100

40,100

Fair value reserve

9

24,974

23,647

Retained earnings

633,148

658,530

698,222

722,277

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 November 2025 and were signed on its behalf by:

Lord Egremont - Director

1.	STATUTORY INFORMATION

Leconfield 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.

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.

Entitlements are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Land and buildings

-

Between 2% and 15% reducing balance

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

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

The stocks have been valued at the balance sheet date by professional valuers, Savills.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Fixed asset investments

Listed investments are included at fair value and gains are recognised in the income statement. Unlisted investments are included at cost less impairment where it is not possible to measure fair value reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st April 2024

and 31st March 2025

6,364

AMORTISATION

At 1st April 2024

3,184

Charge for year

3,180

At 31st March 2025

6,364

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

3,180

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st April 2024

555,474

310,137

865,611

Additions

5,050

24,944

29,994

At 31st March 2025

560,524

335,081

895,605

DEPRECIATION

At 1st April 2024

437,974

210,005

647,979

Charge for year

5,110

30,747

35,857

At 31st March 2025

443,084

240,752

683,836

NET BOOK VALUE

At 31st March 2025

117,440

94,329

211,769

At 31st March 2024

117,500

100,132

217,632

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st April 2024

29,194

Disposals

1,638

At 31st March 2025

30,832

NET BOOK VALUE

At 31st March 2025

30,832

At 31st March 2024

29,194

The book cost of listed and unlisted investments before revaluation to fair value at the year ended 31 March 2025 was £nil (2024: £nil).

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

327

2,888

Other debtors

235,456

158,492

235,783

161,380

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

5,980

-

Trade creditors

232,306

58,220

Taxation and social security

3,883

3,382

Other creditors

119,222

141,306

361,391

202,908

9.

RESERVES

Fair

value

reserve

£

At 1st April 2024

23,647

Movement during year

1,327

At 31st March 2025

24,974