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Registered number: 07980095
Writtle Farm Machinery Ltd
Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07980095
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,576 7,435
5,576 7,435
CURRENT ASSETS
Stocks 5 146,359 194,994
Debtors 6 7,189 38,264
Cash at bank and in hand 23,013 7,975
176,561 241,233
Creditors: Amounts Falling Due Within One Year 7 (176,888 ) (234,589 )
NET CURRENT ASSETS (LIABILITIES) (327 ) 6,644
TOTAL ASSETS LESS CURRENT LIABILITIES 5,249 14,079
NET ASSETS 5,249 14,079
CAPITAL AND RESERVES
Called up share capital 8 3 3
Profit and Loss Account 5,246 14,076
SHAREHOLDERS' FUNDS 5,249 14,079
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Andrew Towns
Director
26 November 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Writtle Farm Machinery Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07980095 . The registered office is Damer House, Meadow Way, Wickford, Essex, SS12 9HA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added taxes, and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.
The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
The average number of employees, including directors, during the year was as follows: 1 (2024: 1)
1 1
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4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 23,500
As at 31 March 2025 23,500
Depreciation
As at 1 April 2024 16,065
Provided during the period 1,859
As at 31 March 2025 17,924
Net Book Value
As at 31 March 2025 5,576
As at 1 April 2024 7,435
5. Stocks
2025 2024
£ £
Stocks 146,359 194,994
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,835 37,322
Other debtors 3,354 942
7,189 38,264
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 20,155 46,814
Other creditors 155,240 175,660
Taxation and social security 1,493 12,115
176,888 234,589
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3 3
Page 5