Dinton & Baverstock Manor Farms Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00587311 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

DINTON & BAVERSTOCK MANOR FARMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J Combes

Mrs S Combes

B A Combes

REGISTERED OFFICE:

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

REGISTERED NUMBER:

00587311 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

4

1,135,195

1,102,087

Investments

5

1,759

1,136,954

1,103,846

CURRENT ASSETS

Stocks

338,533

281,140

Debtors

6

61,378

62,192

Cash at bank

97,344

300,136

497,255

643,468

CREDITORS

Amounts falling due within one year

7

126,076

142,759

NET CURRENT ASSETS

371,179

500,709

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,508,133

1,604,555

CREDITORS

Amounts falling due after more than one
year

8

(434,342

)

(532,721

)

PROVISIONS FOR LIABILITIES

(147,742

)

(141,451

)

NET ASSETS

926,049

930,383

CAPITAL AND RESERVES

Called up share capital

27,000

Capital redemption reserve

28,000

Retained earnings

871,049

875,383

SHAREHOLDERS' FUNDS

926,049

930,383

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 December 2025 and were signed on its behalf by:

S J Combes - Director

1.	STATUTORY INFORMATION

Dinton & Baverstock Manor 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.

Tangible fixed assets

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

Freehold land - not depreciated

Tenants improvements - 5% straight line

Plant and machinery - 10% reducing balance

Tractors and combines - 10% reducing balance

Motor vehicles - 25% 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.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Property

Plant and

property

improvements

machinery

£

COST

At 1 April 2024

262,803

401,757

546,738

Additions

-

18,000

Disposals

-

At 31 March 2025

262,803

401,757

564,738

DEPRECIATION

At 1 April 2024

-

263,787

261,428

Charge for year

-

17,868

30,333

Eliminated on disposal

-

At 31 March 2025

-

281,655

291,761

NET BOOK VALUE

At 31 March 2025

262,803

120,102

272,977

At 31 March 2024

262,803

137,970

285,310

Tractors

and

Motor

combines

vehicles

Totals

£

COST

At 1 April 2024

549,000

24,995

1,785,293

Additions

150,000

-

168,000

Disposals

(65,000

)

-

(65,000

)

At 31 March 2025

634,000

24,995

1,888,293

DEPRECIATION

At 1 April 2024

147,055

10,936

683,206

Charge for year

52,087

3,515

103,803

Eliminated on disposal

(33,911

)

-

(33,911

)

At 31 March 2025

165,231

14,451

753,098

NET BOOK VALUE

At 31 March 2025

468,769

10,544

1,135,195

At 31 March 2024

401,945

14,059

1,102,087

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

1,759

NET BOOK VALUE

At 31 March 2025

1,759

At 31 March 2024

1,759

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

26,491

36,164

Other debtors

34,887

26,028

61,378

62,192

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

18,029

17,121

Hire purchase contracts

66,460

63,794

Trade creditors

17,379

14,714

Taxation and social security

-

12,637

Other creditors

24,208

34,493

126,076

142,759

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans

365,160

383,190

Hire purchase contracts

69,182

99,531

Other creditors

-

50,000

434,342

532,721

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

311,176

306,834