SPENCE FARMS LIMITED

Company Registration Number:
13894398 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

SPENCE FARMS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

SPENCE FARMS LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 632,740 630,364
Total fixed assets: 632,740 630,364
Current assets
Cash at bank and in hand: 69,860 55,048
Total current assets: 69,860 55,048
Creditors: amounts falling due within one year: 4 (55,994) (53,743)
Net current assets (liabilities): 13,866 1,305
Total assets less current liabilities: 646,606 631,669
Creditors: amounts falling due after more than one year: 5 (585,522) (623,089)
Total net assets (liabilities): 61,084 8,580
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 60,984 8,480
Shareholders funds: 61,084 8,580

The notes form part of these financial statements

SPENCE FARMS LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 December 2025
and signed on behalf of the board by:

Name: Mr J E Spence
Status: Director

The notes form part of these financial statements

SPENCE FARMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SPENCE FARMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 2 2

SPENCE FARMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 685,647
Additions 41,010
Disposals (32,445)
At 31 March 2025 694,212
Depreciation
At 01 April 2024 55,283
Charge for year 20,384
On disposals (14,195)
At 31 March 2025 61,472
Net book value
At 31 March 2025 632,740
At 31 March 2024 630,364

SPENCE FARMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

Bank loans and overdrafts - £46,667 Corporation tax - £3,776 VAT - £1,728 Directors' current accounts - £2,923 Accruals and deferred income - £900

SPENCE FARMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due after more than one year note

Bank loans - 1-2years - £46,667 Bank loans - 2-5years - £140,000 Bank loans more than 5 yr by instal - £361,480 Directors' loan accounts - £37,375