Aldsworth Farm Limited

Aldsworth Farm Limited
Contents Page
For the year ended 31 March 2025

Company information	1
Directors' report	2
Accountants' report	3
Statement of financial position	4
Notes to the financial statements	5

Aldsworth Farm Limited
Company Information
For the year ended 31 March 2025

Directors	Alexander John Elms Andrew John Elms Roseld Ann Elms
Registered Number	06453668
Registered Office	Coltsfoot, Farm Lane Nutbourne Chichester West Sussex PO18 8SA
Accountants	Pink Mango Accountants Ltd Coltsfoot Farm Lane Chichester PO18 8SA
Secretary	Andrew John Elms

1

Aldsworth Farm Limited
Directors' Report
For the year ended 31 March 2025

Director's report and financial statements

The directors present their annual report and the financial statements for the year ended 31 March 2025.

Principal activities

Principal activity of the company during the financial year was of mixed farming.

Directors

The directors who served the company throughout the year were as follows:

Alexander John Elms

Andrew John Elms

Roseld Ann Elms

Statement of directors' responsibilities

The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions.

This report was approved by the board and signed on its behalf by:

----------------------------------
Alexander John Elms
Director

Date approved: 17 December 2025

2

Aldsworth Farm Limited Accountants' Report For the year ended 31 March 2025
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Aldsworth Farm Limited for the year ended 31 March 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Aldsworth Farm Limited for the year ended 31 March 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance This report is made solely to the Board of Directors of Aldsworth Farm Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Aldsworth Farm Limited and state those matters that we have agreed to state to the Board of Directors of Aldsworth Farm Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aldsworth Farm Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Aldsworth Farm Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Aldsworth Farm Limited . You consider that Aldsworth Farm Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Aldsworth Farm Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. .................................................... Pink Mango Accountants Ltd Coltsfoot Farm Lane Chichester PO18 8SA 17 December 2025 3

Aldsworth Farm Limited
Accountants' Report
For the year ended 31 March 2025

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Aldsworth Farm Limited for the year ended 31 March 2025.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Aldsworth Farm Limited for the year ended 31 March 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance

This report is made solely to the Board of Directors of Aldsworth Farm Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Aldsworth Farm Limited and state those matters that we have agreed to state to the Board of Directors of Aldsworth Farm Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aldsworth Farm Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Aldsworth Farm Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Aldsworth Farm Limited . You consider that Aldsworth Farm Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Aldsworth Farm Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

....................................................

Pink Mango Accountants Ltd
Coltsfoot
Farm Lane
Chichester
PO18 8SA
17 December 2025

3

Registered Number: 06453668 Aldsworth Farm Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	194,889	168,986
		194,889	168,986
Current assets
Debtors	4	4,579	19,399
Creditors: amount falling due within one year	5	(83,033)	(52,575)
Net current assets		(78,454)	(33,176)

Total assets less current liabilities		116,435	135,810
Provisions for liabilities	6	(4,638)	(651)
Net assets		111,797	135,159

Capital and reserves
Called up share capital		100	100
Profit and loss account		111,697	135,059
Shareholders' funds		111,797	135,159

For the year ended 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 accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 17 December 2025 and were signed on its behalf by:

-------------------------------
Alexander John Elms
Director

4

Aldsworth Farm Limited
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

Aldsworth Farm Limited is a private company, limited by shares, registered in England and Wales, registration number 06453668, registration address Coltsfoot, Farm Lane, Nutbourne, Chichester, West Sussex, PO18 8SA.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation

Taxation for the period comprises current and deferred tax. 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 taxation

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 period 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.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	50 years Straight Line
Plant and Machinery	5 years Straight Line
Vehicles	25% Reducing Balance

Investment properties

Investment properties are recognised initially at cost and subsequently measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

2.	Average number of employees The average number of employees includes directors. Average number of employees during the year was 3 (2024 : 3).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Vehicles	Computer Equipment	Investment properties	Total
	£	£	£	£	£	£
At 01 April 2024	18,944	40,029	16,825	-	152,294	228,092
Additions	9,456	25,645	-	332	-	35,433
Disposals	-	-	-	-	-	-
At 31 March 2025	28,400	65,674	16,825	332	152,294	263,525
Depreciation
At 01 April 2024	1,172	30,968	7,361	-	19,606	59,107
Charge for year	512	6,616	2,366	35	-	9,529
On disposals	-	-	-	-	-	-
At 31 March 2025	1,684	37,584	9,727	35	19,606	68,636
Net book values
Closing balance as at 31 March 2025	26,716	28,090	7,098	297	132,688	194,889
Opening balance as at 01 April 2024	17,772	9,062	9,464	-	132,688	168,986

There has been no valuation of investment property by an independent valuer. However, the directors agree that the value shown above is considered fair value.

4.

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	484	298
Prepayments & Accrued Income	2,793	2,276
Other Debtors	-	396
Directors' Current Accounts	-	15,123
VAT	1,302	1,306
	4,579	19,399

5.

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	1,853	4,585
Bank Loans & Overdrafts	8,446	7,056
Corporation Tax	21,755	23,255
Accrued Expenses	10,455	1,107
Other Creditors	10,412	16,572
Directors' Current Accounts	30,112	-
	83,033	52,575

6.

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	4,638		651
	4,638		651

5

Registered Number: 06453668
England and Wales
Unaudited Financial Statements

for the year ended 31 March 2025
for
ALDSWORTH FARM LIMITED