REGISTERED NUMBER: 04976067 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

KNAPTON FARMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N A Knapton

Mrs J E Knapton

C G Knapton

Mrs J K Knapton

SECRETARY:

Mrs J E Knapton

REGISTERED OFFICE:

Moor Farm

Humbleton Moor

Hull

HU11 4ND

REGISTERED NUMBER:

04976067 (England and Wales)

ACCOUNTANTS:

Sowerby

Chartered Accountants

Beckside Court

Annie Reed Road

Beverley

East Yorkshire

HU17 0LF

FIXED ASSETS

Tangible assets

4

164,878

173,338

CURRENT ASSETS

Debtors

5

168,069

32,144

Cash at bank

53,985

123,254

222,054

155,398

CREDITORS

Amounts falling due within one year

6

30,900

15,225

NET CURRENT ASSETS

191,154

140,173

TOTAL ASSETS LESS CURRENT LIABILITIES

356,032

313,511

PROVISIONS FOR LIABILITIES

13,166

4,667

NET ASSETS

342,866

308,844

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

342,766

308,744

SHAREHOLDERS' FUNDS

342,866

308,844

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 2 December 2025 and were signed on its behalf by:

N A Knapton - Director

1.	STATUTORY INFORMATION

Knapton Farms Limited is a private company limited by shares and incorporated and domiciled in England. It has its registered office and principal place of business at Moor Farm, Humbleton Moor, Hull, East Yorkshire, HU11 4ND.

The principal activity of the company is Farming.

The presentational currency of the financial statements is Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

The directors, having taken into the factors discussed above as well as the uncertainties of the current economic environment, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Turnover

Turnover is the amount derived from ordinary activities, measured at the fair value of the consideration received or receivable. Turnover excludes value added tax and trade discounts.

Turnover from services is recognised on completion of service, or when those services span the year end date, by reference to the stage of completion at the balance sheet date.

Sales are recognised at the point which the company has fulfilled its contractual obligations and the risks and rewards attached to the product, have been transferred to the customer.

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

-

5% on cost

Plant and machinery etc

-

10% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

44,194

243,146

287,340

DEPRECIATION

At 1 April 2024

39,975

74,027

114,002

Charge for year

2,210

6,250

8,460

At 31 March 2025

42,185

80,277

122,462

NET BOOK VALUE

At 31 March 2025

2,009

162,869

164,878

At 31 March 2024

4,219

169,119

173,338

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

5,400

-

Other debtors

162,666

32,143

168,066

32,143

2025

2024

£

£

Amounts falling due after more than one year:

Other debtors

3

1

Aggregate amounts

168,069

32,144

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

30,900

15,225