REGISTERED NUMBER: 02125859 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

HOWTON FARM LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S W Quan

J J Quan

SECRETARY:

S W Quan

REGISTERED OFFICE:

Benarth

Wormbridge

Hereford

HR2 0BS

REGISTERED NUMBER:

02125859 (England and Wales)

ACCOUNTANTS:

Green & Co

Accountants and Tax Advisors

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Tangible assets

4

744,455

513,163

CURRENT ASSETS

Stocks

102,628

97,793

Debtors

5

254,383

508,263

Cash at bank

161,446

299,910

518,457

905,966

CREDITORS

Amounts falling due within one year

6

225,583

356,712

NET CURRENT ASSETS

292,874

549,254

TOTAL ASSETS LESS CURRENT LIABILITIES

1,037,329

1,062,417

PROVISIONS FOR LIABILITIES

-

6,698

NET ASSETS

1,037,329

1,055,719

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Share premium

881,469

881,469

Retained earnings

154,860

173,250

SHAREHOLDERS' FUNDS

1,037,329

1,055,719

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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5th December 2025 and were signed on its behalf by:

S W Quan - Director

1.	STATUTORY INFORMATION

Howton 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

-

Not provided

Plant and machinery

-

20% on 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 Profit and Loss, 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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

£

£

COST

At 1st April 2024

483,760

38,050

521,810

Additions

230,200

8,716

238,916

At 31st March 2025

713,960

46,766

760,726

DEPRECIATION

At 1st April 2024

-

8,647

8,647

Charge for year

-

7,624

7,624

At 31st March 2025

-

16,271

16,271

NET BOOK VALUE

At 31st March 2025

713,960

30,495

744,455

At 31st March 2024

483,760

29,403

513,163

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

240,350

295,548

Other debtors

-

179,703

Corporation tax

10,375

10,375

VAT

3,658

22,637

254,383

508,263

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

221,375

352,779

Accrued expenses

4,208

3,933

225,583

356,712

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

8.	RELATED PARTY DISCLOSURES

During the year the company sold goods amounting to £54,218 (2024 - £91,246) from other related parties. These goods were sold on an arm's length basis.

During the year the company purchased goods amounting to £286,063 (2024 - £283,364) from other related parties. These goods were purchased on an arm's length basis.