REGISTERED NUMBER: 12581737 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

SOUTH EAST FARM SUPPLIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R B Waterhouse

REGISTERED OFFICE:

South Stour Offices

South Stour Road

Mersham

Ashford

Kent

TN25 7HS

BUSINESS ADDRESS:

Unit 54, Vinehall Business Centre

Vinehall Farm

Robertsbridge

East Sussex

TN32 5JW

REGISTERED NUMBER:

12581737 (England and Wales)

ACCOUNTANTS:

Cassidys Chartered Accountants

South Stour Offices

South Stour Road

Mersham

Ashford

Kent

TN25 7HS

FIXED ASSETS

Tangible assets

4

2,007

1,378

CURRENT ASSETS

Stocks

9,502

7,218

Debtors

5

73,713

83,899

Cash at bank and in hand

96,313

124,374

179,528

215,491

CREDITORS

Amounts falling due within one year

6

97,970

96,695

NET CURRENT ASSETS

81,558

118,796

TOTAL ASSETS LESS CURRENT LIABILITIES

83,565

120,174

PROVISIONS FOR LIABILITIES

7

461

308

NET ASSETS

83,104

119,866

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

83,004

119,766

83,104

119,866

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 23 November 2025 and were signed by:

R B Waterhouse - Director

1.	STATUTORY INFORMATION

South East Farm Supplies Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

31,533

Additions

984

At 31 May 2025

32,517

DEPRECIATION

At 1 June 2024

30,155

Charge for year

355

At 31 May 2025

30,510

NET BOOK VALUE

At 31 May 2025

2,007

At 31 May 2024

1,378

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

68,890

82,755

Other debtors

4,823

1,144

73,713

83,899

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade creditors

68,438

41,480

Taxation and social security

28,232

34,788

Other creditors

1,300

20,427

97,970

96,695

7.	PROVISIONS FOR LIABILITIES

31.5.25

31.5.24

£

£

Deferred tax

461

308

Deferred

tax

£

Balance at 1 June 2024

308

Provided during year

153

Balance at 31 May 2025

461

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £118,000 (2024 - £29,000) were paid to the director .

Mr R B Waterhouse - Director and Shareholder

At the balance sheet date Mr Waterhouse owed South East Farm Supplies Ltd £3,626 (2024 - the company owed Mr Waterhouse £19,447).