REGISTERED NUMBER: 04513638 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Folland Farm Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B Folland

Mrs J Folland

SECRETARY:

Mrs J Folland

REGISTERED OFFICE:

Mabws Fach

Mathry

HAVERFORDWEST

Pembrokeshire

SA62 5JB

REGISTERED NUMBER:

04513638 (England and Wales)

FIXED ASSETS

Tangible assets

4

2,890

3,401

CURRENT ASSETS

Debtors

14

-

Cash at bank

101,402

93,365

101,416

93,365

CREDITORS

Amounts falling due within one year

71,861

70,266

NET CURRENT ASSETS

29,555

23,099

TOTAL ASSETS LESS CURRENT LIABILITIES

32,445

26,500

PROVISIONS FOR LIABILITIES

549

646

NET ASSETS

31,896

25,854

CAPITAL AND RESERVES

Called up share capital

50

50

Retained earnings

31,846

25,804

SHAREHOLDERS' FUNDS

31,896

25,854

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 December 2025 and were signed on its behalf by:

B Folland - Director

Mrs J Folland - Director

1.	STATUTORY INFORMATION

Folland Farm Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant, Machinery & Equipment

-

15% on reducing balance

Shared Machinery

-

15% on reducing balance

Tractors

-

15% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

65,733

DEPRECIATION

At 1 April 2024

62,332

Charge for year

511

At 31 March 2025

62,843

NET BOOK VALUE

At 31 March 2025

2,890

At 31 March 2024

3,401