Birdsall Farms Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03336971

Birdsall Farms Limited

Filleted Unaudited Financial Statements

For the year ended

31 March 2025

Birdsall Farms Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	6		5,620,247		5,706,760

Current assets

Stocks		553,326	304,483
Debtors	7	81,016	98,793
Cash at bank and in hand		586,788	802,005
		-------------	-------------
		1,221,130	1,205,281

Creditors: amounts falling due within one year	8	223,051		270,093
		-------------		-------------
Net current assets			998,079		935,188
			-------------		-------------
Total assets less current liabilities			6,618,326		6,641,948

Creditors: amounts falling due after more than one year	9		431,493		452,887

Provisions

Taxation including deferred tax	50,316	65,116
	-------------	-------------
Net assets	6,136,517	6,123,945
	-------------	-------------

Capital and reserves

Called up share capital	202	202
Share premium account	3,579,182	3,579,182
Profit and loss account	2,557,133	2,544,561
	-------------	-------------
Shareholders funds	6,136,517	6,123,945
	-------------	-------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Birdsall Farms Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 16 December 2025 , and are signed on behalf of the board by:

Mr H Birdsall	Mr CL Birdsall
Director	Director

Company registration number: 03336971

Birdsall Farms Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is Commonside Farm, New Road, Old Snydale, Pontefract, West Yorkshire, WF7 6HE.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

(a) Basis of preparation

The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.

(b) Going concern

The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.

(c) Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

(d) Current & deferred tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

(e) Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	5% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

(f) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

(g) Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold Buildings	-	2% straight line
Plant & Machinery	-	25% reducing balance

(h) Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

(i) Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

(j) Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 6 (2024: 6 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 April 2024 and 31 March 2025	600
	----
Amortisation
At 1 April 2024 and 31 March 2025	600
	----
Carrying amount
At 31 March 2025	–
	----
At 31 March 2024	–
	----

6. Tangible assets

	Land and buildings	Plant and machinery	Total
	£	£	£
Cost
At 1 April 2024	5,841,774	1,972,656	7,814,430
Additions	–	9,463	9,463
Disposals	( 3,641)	( 783)	( 4,424)
	-------------	-------------	-------------
At 31 March 2025	5,838,133	1,981,336	7,819,469
	-------------	-------------	-------------
Depreciation
At 1 April 2024	401,690	1,705,980	2,107,670
Charge for the year	23,297	69,015	92,312
Disposals	–	( 760)	( 760)
	-------------	-------------	-------------
At 31 March 2025	424,987	1,774,235	2,199,222
	-------------	-------------	-------------
Carrying amount
At 31 March 2025	5,413,146	207,101	5,620,247
	-------------	-------------	-------------
At 31 March 2024	5,440,084	266,676	5,706,760
	-------------	-------------	-------------

7. Debtors

	2025	2024
	£	£
Trade debtors	40,519	54,915
Other debtors	40,497	43,878
	--------	--------
	81,016	98,793
	--------	--------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	17,959	14,524
Trade creditors	58,414	56,835
Accruals and deferred income	53,496	8,000
Corporation tax	21,267	25,000
Social security and other taxes	1,279	1,151
Directors current account	–	95,828
Credit card	2,029	1,338
Other creditors	68,607	67,417
	----------	----------
	223,051	270,093
	----------	----------

The bank loan is secured by a fixed charge on the 168 acres of land at Felkirk owned by the company .

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	431,493	452,887
	----------	----------

Included within creditors: amounts falling due after more than one year is an amount of £359,659 (2024: £394,789) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

The bank loan is secured by a fixed charge on the 168 acres of land owned by the company .

10. Related party transactions

During the year the directors made available loans to the company . The loans are interest free and repayable on demand. At the year end date the balance due to the directors totalled £nil (2024: £95,828).