REGISTERED NUMBER: 03237372 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

WINNALL DOWN FARM LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss E Cowen

Miss V Cowen

Miss C A Cowen

Mrs L Cowen

H W McCowen

F J A Schiff

S P McLaughlin

SECRETARY:

Martin and Company (Company Secretaries) Limited

REGISTERED OFFICE:

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

REGISTERED NUMBER:

03237372 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Intangible assets

4

-

1,835

Tangible assets

5

6,554,882

6,576,282

6,554,882

6,578,117

CURRENT ASSETS

Debtors

6

218,445

130,755

Cash at bank

6,013

3,348

224,458

134,103

CREDITORS

Amounts falling due within one year

7

139,156

1,621,324

NET CURRENT ASSETS/(LIABILITIES)

85,302

(1,487,221

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,640,184

5,090,896

CREDITORS

Amounts falling due after more than one year

8

(3,785,569

)

(2,261,351

)

PROVISIONS FOR LIABILITIES

(73,300

)

(79,241

)

NET ASSETS

2,781,315

2,750,304

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

2,781,313

2,750,302

SHAREHOLDERS' FUNDS

2,781,315

2,750,304

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 8th December 2025 and were signed on its behalf by:

F J A Schiff - Director

1.	STATUTORY INFORMATION

Winnall Down Farm 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.

Tangible fixed assets

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

Freehold property

-

nil

Plant and machinery

-

20% on reducing balance

Solar PV Panels

-

4% on cost

Motor vehicles

-

20% on reducing balance

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 pays into a defined contribution pension scheme. Contributions payable to the pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st April 2024

1,835

Impairments

(1,835

)

At 31st March 2025

-

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

1,835

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Solar PV

Motor

property

machinery

Panels

vehicles

Totals

£

£

£

£

£

COST

At 1st April 2024

6,369,011

224,099

155,968

93,646

6,842,724

Additions

-

4,870

-

-

4,870

At 31st March 2025

6,369,011

228,969

155,968

93,646

6,847,594

DEPRECIATION

At 1st April 2024

-

122,561

76,818

67,063

266,442

Charge for year

-

14,714

6,239

5,317

26,270

At 31st March 2025

-

137,275

83,057

72,380

292,712

NET BOOK VALUE

At 31st March 2025

6,369,011

91,694

72,911

21,266

6,554,882

At 31st March 2024

6,369,011

101,538

79,150

26,583

6,576,282

Included within Land and Buildings are properties whose residual value is considered greater than their cost and are therefore not depreciated.

The balance of the category relates to non-depreciable freehold land.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,069

1,000

Other debtors

216,376

129,755

218,445

130,755

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

44,085

1,538,593

Hire purchase contracts

2,821

2,589

Trade creditors

10,198

15,348

Taxation and social security

48,166

33,196

Other creditors

33,886

31,598

139,156

1,621,324

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,527,039

-

Hire purchase contracts

8,530

11,351

Other creditors

2,250,000

2,250,000

3,785,569

2,261,351

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans

2,250,000

2,250,000