4219661falsethat of residential and commercial property development, holding and letting, all of which is carried out within the United Kingdom2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:CompanySecretary12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/cd:Director22024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2025-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 4219661
FARMCOTE ESTATES LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
Prepared By:
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
FARMCOTE ESTATES LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
DIRECTORS
Peter John Barby
Mrs Suzanne Round
SECRETARY
Mrs Suzanne Round
REGISTERED OFFICE
7 DANESBROOK
CLAVERLEY
WOLVERHAMPTON
WEST MIDLANDS
WV5 7BB
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 4219661
BANKERS
NATIONAL WESTMINSTER BANK Plc & SVENSKA HANDELSBANKEN AB (publ)
SOLICITORS
ACCOUNTANTS
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
FARMCOTE ESTATES LIMITED
ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
FARMCOTE ESTATES LIMITED
BALANCE SHEET AT 31/03/2025
20252024
Notes££
FIXED ASSETS
Tangible assets21,313,6841,306,803
CURRENT ASSETS
Debtors345,17964,798
Cash at bank and in hand29,61416,711
74,79381,509
CREDITORS: Amounts falling due within one year451,79153,805
NET CURRENT ASSETS23,00227,704
TOTAL ASSETS LESS CURRENT LIABILITIES1,336,6861,334,507
CREDITORS: Amounts falling due after more than one year59,65817,168
PROVISIONS FOR LIABILITIES AND CHARGES89,0526,773
NET ASSETS1,317,9761,310,566
CAPITAL AND RESERVES
Called up share capital91,0001,000
Profit and loss account1,316,9761,309,566
SHAREHOLDERS' FUNDS1,317,9761,310,566
For the year ending 31/03/2025 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 24/09/2025 and signed on their behalf by
.............................
Mrs Suzanne Round
Director
FARMCOTE ESTATES LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.
Land and buildings are currently not depreciated as, in the opinion of the directors, the estimated residual value is not expected to be below the original cost.
Equipmentstraight line10%
1c. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
FARMCOTE ESTATES LIMITED
2. TANGIBLE FIXED ASSETS
Land And
BuildingsEquipmentTotal
£££
Cost
At 01/04/20241,257,34198,7871,356,128
Additions-12,88112,881
Disposals-(4,000)(4,000)
At 31/03/20251,257,341107,6681,365,009
Depreciation
At 01/04/2024-49,32549,325
Disposals-(4,000)(4,000)
For the year-6,0006,000
At 31/03/2025-51,32551,325
Net Book Amounts
At 31/03/20251,257,34156,3431,313,684
At 31/03/20241,257,34149,4621,306,803
In the opinion of the directors there is no significant difference between the open market value and cost of land and buildings.
3. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors42,33259,756
Prepayments2,8475,042
45,17964,798
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax32,93735,620
VAT5,6735,317
Directors current account297297
Directors current account2,0311,991
Bank Loan5,8665,866
Trade creditors73-
Other creditors1,3341,334
Accruals3,5803,380
51,79153,805
FARMCOTE ESTATES LIMITED
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
National Westminster Bank Plc Bounce back loan >1yr9,65817,168
9,65817,168
The bank loan is secured by a government guarantee.
6. SECURED CREDITORS
20252024
££
Amount of bank loans and overdrafts which are secured15,52423,034
7. EMPLOYEES
20252024
No.No.
Average number of employees22
Key management personnel is restricted to that of the two directors.
8. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation9,0526,773
9,0526,773
9. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
1000 Ordinary shares of £1 each10001000
1,0001,000
FARMCOTE ESTATES LIMITED
10. CONTROLLING PARTY
The company is under the joint control of the two directors Mr P J Barby and Mrs S Round.
11. RELATED PARTY TRANSACTIONS
Mr P J Barby received a dividend of £ 44,100 in the year to 31 March 2025 (2024 - £ 45,900). Mrs S Round received a dividend of £ 29,400 in the year to 31 March 2025 (2024 - £ 30,600).
12. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITY
The company operates in the residential and commercial property development and holding and letting sector, all of which is carried out within the United Kingdom.
13. GENERAL INFORMATION
Farmcote Estates Limited is a private company limited by shares and incorporated in England. Its registered office is 7 Danesbrook, Claverley, Wolverhampton, West Midlands, WV5 7BB.
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company.