Blooms Hall Farms Limited - Filleted accounts

Registered number

00753022

Blooms Hall Farms Limited

Unaudited Filleted Accounts

31 March 2025

Blooms Hall Farms Limited
Registered number:		00753022
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		2,769,117			2,601,152
Investments	4		17,213			16,100
			2,786,330			2,617,252

Current assets
Stocks		277,951			402,991
Debtors	5	48,752			90,259
Cash at bank and in hand		464,474			374,415
		791,177			867,665

Creditors: amounts falling due within one year	6	(154,733)			(226,114)

Net current assets			636,444			641,551

Total assets less current liabilities			3,422,774			3,258,803

Creditors: amounts falling due after more than one year	7		(355,004)			(413,655)

Provisions for liabilities			(136,194)			(92,625)


Net assets			2,931,576			2,752,523

Capital and reserves
Called up share capital			9,201			9,201
Capital redemption reserve			800			800
Profit and loss account			2,921,575			2,742,522

Shareholders' funds			2,931,576			2,752,523

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




G Flatt
Director
Approved by the board on 18 December 2025

Blooms Hall Farms Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			7.5% reducing balance
	Plant and machinery			5% to 20% reducing balance
	Motor vehicles			25% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					4		4


3	Tangible fixed assets
		Land and buildings		Plant and machinery		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	2,514,288		1,537,286		44,982		4,096,556
	Additions	-		268,493		-		268,493
	Disposals	-		(137,274)		-		(137,274)
	At 31 March 2025	2,514,288		1,668,505		44,982		4,227,775

	Depreciation
	At 1 April 2024	290,883		1,170,267		34,254		1,495,404
	Charge for the year	7,089		67,725		2,683		77,497
	On disposals	-		(114,243)		-		(114,243)
	At 31 March 2025	297,972		1,123,749		36,937		1,458,658

	Net book value
	At 31 March 2025	2,216,316		544,756		8,045		2,769,117
	At 31 March 2024	2,223,405		367,019		10,728		2,601,152


4	Investments

Other
investments
£
	Cost
	At 1 April 2024							16,100
	Additions							1,113

	At 31 March 2025							17,213


5	Debtors					2025		2024
£							£

	Trade debtors					28,800		85,051
	Other debtors					19,952		5,208
						48,752		90,259


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					58,291		62,434
	Trade creditors					37,064		48,803
	Taxation and social security costs					24,313		54,791
	Other creditors					35,065		60,086
						154,733		226,114


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					355,004		413,655


8	Loans					2025		2024
£							£
	Creditors include:
	Instalments falling due for payment after more than five years					102,523		168,431


	Secured bank loans					413,295		476,089

	Bank loans are secured on the Freehold properties owned by the company


9	Related party transactions

	At the year end the company owed £28 to G Flatt and £589 to B Flatt (2024 £181 and £2,417 respectively). Equity dividends amounting to £25,770 were paid to the directors during the year.


10	Controlling party

	The company is controlled by G Flatt by virtue of his shareholding


11	Other information

	Blooms Hall Farms Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Malt Office Lane
	Rumburgh
	Halesworth
	IP19 0JD