REGISTERED NUMBER: 01533438 (England and Wales)

BRACKENBARN LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

C M Smith

B C Smith

SECRETARY:

Mrs P S Smith

REGISTERED OFFICE:

Decoy Farm

Cuckoo Bridge

Spalding

Lincolnshire

PE11 3JQ

REGISTERED NUMBER:

01533438 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

3 Castlegate

Grantham

Lincolnshire

NG31 6SF

SOLICITORS:

Roythornes Limited

Enterprise Way

Pinchbeck

Spalding

Lincs

PE11 3YR

FIXED ASSETS

Investments

4

52,713

51,072

CURRENT ASSETS

Debtors

5

12,750

12,750

Cash at bank

83

100

12,833

12,850

CREDITORS

Amounts falling due within one year

6

14,828

15,185

NET CURRENT LIABILITIES

(1,995

)

(2,335

)

TOTAL ASSETS LESS CURRENT LIABILITIES

50,718

48,737

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

50,618

48,637

SHAREHOLDERS' FUNDS

50,718

48,737

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 Income Statement 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 M Smith - Director

1.	STATUTORY INFORMATION

Brackenbarn 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 comprises the fair value of the company's share of the results of a farming partnership in which the company is a partner, together with rental income, both of which are recognised as they are accrued.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Fixed asset investments

The company's share of the results of the partnership for the period is included in the income statement and the accumulated amount of any undrawn profits are included within fixed assets.

Other fixed assets

The company holds an agricultural tenancy which was acquired at "nil" cost. In the absence of an appropriate valuation method, the asset is recognised at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 6 April 2024

51,072

Share of profit/(loss)

4,929

Impairments

(3,288

)

At 5 April 2025

52,713

NET BOOK VALUE

At 5 April 2025

52,713

At 5 April 2024

51,072

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

12,750

12,750

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

12,750

12,750

Taxation

704

1,139

Accrued expenses

1,374

1,296

14,828

15,185

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary shares

£1

100

100