REGISTERED NUMBER: 03160768 (England and Wales)

Financial Statements for the Year Ended 30 April 2025

for

J A EARLE (FARMS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J A Earle

H L Johnson

S Earle

SECRETARY:

H L Johnson

REGISTERED OFFICE:

Bolton Grange

Bolton-on-Swale

RICHMOND

North Yorkshire

DL10 6AH

REGISTERED NUMBER:

03160768 (England and Wales)

ACCOUNTANTS:

King Hope

31-33 Victoria Road

Darlington

Co. Durham

DL1 5SB

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

6,762

9,199

6,763

9,200

CURRENT ASSETS

Stocks

12,053

16,487

Debtors

6

14,578

11,282

Cash at bank and in hand

392,573

377,949

419,204

405,718

CREDITORS

Amounts falling due within one year

7

23,900

29,547

NET CURRENT ASSETS

395,304

376,171

TOTAL ASSETS LESS CURRENT LIABILITIES

402,067

385,371

PROVISIONS FOR LIABILITIES

1,285

1,589

NET ASSETS

400,782

383,782

CAPITAL AND RESERVES

Called up share capital

100,000

100,000

Share premium

154,311

154,311

Retained earnings

146,471

129,471

SHAREHOLDERS' FUNDS

400,782

383,782

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 11 December 2025 and were signed on its behalf by:

J A Earle - Director

1.	STATUTORY INFORMATION

J A Earle (Farms) 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is represented by arable sales (up until February 2024), recognised on transfer of the crop and the receipt of agricultural subsidies, recognised in the period for which the subsidy relates to.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Farm Tenancies were amortised evenly over their estimated useful life.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Farm improvements

-

10% on cost

Machinery and vehicles

-

25% on reducing balance

Stocks

Stock is valued at the lower of cost and net realisable value.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Farm

Tenancies

£

COST OR VALUATION

At 1 May 2024

and 30 April 2025

78,400

AMORTISATION

At 1 May 2024

and 30 April 2025

78,399

NET BOOK VALUE

At 30 April 2025

1

At 30 April 2024

1

Cost or valuation at 30 April 2025 is represented by:

Farm

Tenancies

£

Valuation in 1996

78,400

5.	TANGIBLE FIXED ASSETS

Machinery

Farm

and

improvements

vehicles

Totals

£

£

£

COST

At 1 May 2024

10,374

149,206

159,580

Disposals

-

(17,840

)

(17,840

)

At 30 April 2025

10,374

131,366

141,740

DEPRECIATION

At 1 May 2024

9,531

140,850

150,381

Charge for year

94

1,999

2,093

Eliminated on disposal

-

(17,496

)

(17,496

)

At 30 April 2025

9,625

125,353

134,978

NET BOOK VALUE

At 30 April 2025

749

6,013

6,762

At 30 April 2024

843

8,356

9,199

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Debtors and prepayments

5,024

11,282

Directors' current accounts

9,554

-

14,578

11,282

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

811

307

Tax

4,481

1,138

Social security and other taxes

913

1,643

Receipt in advance

14,520

20,718

Directors' current accounts

-

2,751

Accrued expenses

3,175

2,990

23,900

29,547

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

J A Earle

Balance outstanding at start of year

-

-

Amounts advanced

9,554

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

9,554

-