Mountain Hall Farm Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 12042973

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		41,239		48,751

			41,239		48,751
CURRENT ASSETS
Stocks	5	20,000		20,000
Debtors	6	224		578
Cash at bank and in hand		663		530

		20,887		21,108
Creditors: Amounts Falling Due Within One Year	7	(461,988 )		(459,634 )

NET CURRENT ASSETS (LIABILITIES)			(441,101 )		(438,526 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(399,862 )		(389,775 )

NET LIABILITIES			(399,862 )		(389,775 )

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			(399,864 )		(389,777 )

SHAREHOLDERS' FUNDS			(399,862)		(389,775)

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Alexander Heffron

Director

05/12/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Mountain Hall Farm Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12042973 . The registered office is Mountain Hall Farm, Hermon, Glogue, SA36 0DX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% RB
Motor Vehicles	25% RB
Computer Equipment	33% SL

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

Page 2

Page 3

Mountain Hall Farm Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 July 2024	86,307	3,420	506	90,233

As at 30 June 2025	86,307	3,420	506	90,233

Depreciation
As at 1 July 2024	38,705	2,608	169	41,482
Provided during the period	7,141	203	168	7,512

As at 30 June 2025	45,846	2,811	337	48,994

Net Book Value
As at 30 June 2025	40,461	609	169	41,239

As at 1 July 2024	47,602	812	337	48,751

5. Stocks

	2025	2024
	£	£
Stock - livestock	20,000	20,000

6. Debtors

	2025	2024
	£	£
Due within one year
VAT	224	578

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	91	823
Accruals and deferred income	275	275
Directors' loan accounts	461,622	458,536

	461,988	459,634

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

Page 3