REGISTERED NUMBER: 10272013 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

HILL FARM FINEST LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C J Randall

U Rauf

REGISTERED OFFICE:

C/o Philip Barnes & Co Ltd

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

REGISTERED NUMBER:

10272013 (England and Wales)

ACCOUNTANTS:

Philip Barnes & Co Limited

Chartered Accountants

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

FIXED ASSETS

Tangible assets

4

501,820

496,502

CURRENT ASSETS

Stocks

69,859

10,000

Debtors

5

67,345

161,302

Cash at bank and in hand

321,930

270,490

459,134

441,792

CREDITORS

Amounts falling due within one year

6

416,947

372,440

NET CURRENT ASSETS

42,187

69,352

TOTAL ASSETS LESS CURRENT LIABILITIES

544,007

565,854

PROVISIONS FOR LIABILITIES

93,943

96,707

NET ASSETS

450,064

469,147

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

449,964

469,047

SHAREHOLDERS' FUNDS

450,064

469,147

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 November 2025 and were signed on its behalf by:

C J Randall - Director

1.	STATUTORY INFORMATION

Hill Farm Finest 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.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

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.

Plant and machinery

-

15% reducing balance

Fixtures and fittings

-

Straight line over 5 years

Motor vehicles

-

25% reducing balance

Computer equipment

-

Straight line over 5 years

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 Profit and Loss Account, 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.

3.

EMPLOYEES

The average number of employees during the year was 8 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 August 2024

213,127

315,282

-

Additions

17,371

28,876

1,851

At 31 July 2025

230,498

344,158

1,851

DEPRECIATION

At 1 August 2024

-

39,941

-

Charge for year

-

43,499

314

At 31 July 2025

-

83,440

314

NET BOOK VALUE

At 31 July 2025

230,498

260,718

1,537

At 31 July 2024

213,127

275,341

-

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 August 2024

10,741

6,168

545,318

Additions

-

3,470

51,568

At 31 July 2025

10,741

9,638

596,886

DEPRECIATION

At 1 August 2024

7,343

1,532

48,816

Charge for year

850

1,587

46,250

At 31 July 2025

8,193

3,119

95,066

NET BOOK VALUE

At 31 July 2025

2,548

6,519

501,820

At 31 July 2024

3,398

4,636

496,502

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

43,907

124,560

Other debtors

23,438

36,742

67,345

161,302

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

146,827

259,304

Taxation and social security

62,858

20,730

Other creditors

207,262

92,406

416,947

372,440

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2025 and 31 July 2024:

2025

2024

£

£

C J Randall

Balance outstanding at start of year

(64,891

)

(64,258

)

Amounts advanced

64,889

78,206

Amounts repaid

(130,000

)

(78,839

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(130,002

)

(64,891

)

U Rauf

Balance outstanding at start of year

(25,239

)

(21,723

)

Amounts advanced

30,290

41,084

Amounts repaid

(70,000

)

(44,600

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(64,949

)

(25,239

)

9.	RELATED PARTY DISCLOSURES