Registration number: 01376864

Melcourt Farms Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Melcourt Farms Limited

Company Information

Directors

Mr A J B Evans Mr A W Evans

Company secretary

Mr J P Devitt

Registered office

The Sawmill Station Street Bishops Castle SY9 5AQ

Accountants

CBSL Accountants Limited Chartered Accountants Rowan House North 1 The Professional Quarter Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

Melcourt Farms Limited

(Registration number: 01376864)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	46,013	46,826
Investment property	5	200,000	200,000
		246,013	246,826
Current assets
Debtors	6	90,904	93,795
Cash at bank and in hand		31,561	10,346
		122,465	104,141
Creditors: Amounts falling due within one year	7	(168,562)	(153,969)
Net current liabilities		(46,097)	(49,828)
Net assets		199,916	196,998
Capital and reserves
Called up share capital	8	800	800
Other reserves		27,047	27,047
Retained earnings		172,069	169,151
Shareholders' funds		199,916	196,998

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 December 2025 and signed on its behalf by:
 

Mr A W Evans Director

Melcourt Farms Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
The Sawmill
Station Street
Bishops Castle
SY9 5AQ

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Melcourt Farms Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% reducing balance
Motor vehicles	25% reducing balance
Fixtures and fittings	15% reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

Melcourt Farms Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Land and buildings £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2024	61,081	23,598	84,679
At 31 March 2025	61,081	23,598	84,679
Depreciation
At 1 April 2024	15,293	22,560	37,853
Charge for the year	591	222	813
At 31 March 2025	15,884	22,782	38,666
Carrying amount
At 31 March 2025	45,197	816	46,013
At 31 March 2024	45,788	1,038	46,826

Included within the net book value of land and buildings above is £42,548 (2024 - £42,548) in respect of freehold land and buildings and £2,649 (2024 - £3,240) in respect of short leasehold land and buildings.
 

5	Investment properties

	2025 £
At 1 April	200,000
At 31 March	200,000

There has been no valuation of investment property by an independent valuer.

6

Debtors

Current	2025 £	2024 £
Trade debtors	5,289	-
Prepayments	5,906	15,789
Other debtors	79,709	78,006
	90,904	93,795

Melcourt Farms Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	2,622	122
Taxation and social security	875	3,083
Accruals and deferred income	16,854	2,553
Other creditors	148,211	148,211
	168,562	153,969

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	800	800	800	800

9	Related party transactions

Included within other debtors within one year is a loan to the directors of £58,388 (2024 - £56,157).