Harveys Jersey Cream Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 04226712

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		465,000		380,000
Investments	5		4,678,151		4,363,538

			5,143,151		4,743,538
CURRENT ASSETS
Cash at bank and in hand		72		377

		72		377
Creditors: Amounts Falling Due Within One Year	6	(179,882 )		(179,583 )

NET CURRENT ASSETS (LIABILITIES)			(179,810 )		(179,206 )

TOTAL ASSETS LESS CURRENT LIABILITIES			4,963,341		4,564,332

PROVISIONS FOR LIABILITIES
Deferred Taxation			(21,250 )		-

NET ASSETS			4,942,091		4,564,332

CAPITAL AND RESERVES
Called up share capital	7		900		900
Share premium account			1,999,200		1,999,200
Revaluation reserve			162,589		98,839
Profit and Loss Account			2,779,402		2,465,393

SHAREHOLDERS' FUNDS			4,942,091		4,564,332

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Harveys Jersey Cream Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr James Harvey

Director

11 December 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Harveys Jersey Cream Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04226712 . The registered office is Langage Farm, Higher Challonsleigh, Smithaleigh, Plymouth, PL7 5AY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

2.2. Turnover

The turnover shown in the profit and loss account represents the company's share of profits from Langage Farm LLP during the period.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.4. Taxation

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

2.5.

Business combinations

Investments in associates are accounted for using the cost method, with the associates valued at cost less any impairment losses. All distributions received from associates are recognised as income through the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Investment Property

	2025
	£
Fair Value
As at 1 April 2024	380,000
Revaluations	85,000

As at 31 March 2025	465,000

The investment properties have been included at a value the directors consider to be fair value. An independent valuation has not taken place.

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Harveys Jersey Cream Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Investments

	Associates
	£
Cost or Valuation
As at 1 April 2024	4,363,538
Additions	420,845
Disposals	(106,232 )

As at 31 March 2025	4,678,151

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	4,678,151

As at 1 April 2024	4,363,538

The company is a corporate partner in Langage Farm Limited Liability Partnership. The carrying value of the investment is stated as the company's share of the capital assets of the partnership plus its share of profits less any amounts withdrawn.

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	75,250	74,851
Taxation and social security	104,632	104,732

	179,882	179,583

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	900	900

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