REGISTERED NUMBER: 04547109 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Cilevan Farm Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J D Phillips

Mrs E W Phillips

SECRETARY:

Mrs E W Phillips

REGISTERED OFFICE:

The Old School

The Quay

Carmarthen

Carmarthenshire

SA31 3JP

REGISTERED NUMBER:

04547109 (England and Wales)

FIXED ASSETS

Tangible assets

4

119,854

129,760

CURRENT ASSETS

Stocks

35,500

87,055

Debtors

5

4,747

15,741

Investments

6

12,709

12,709

Cash at bank

74,637

89,481

127,593

204,986

CREDITORS

Amounts falling due within one year

7

20,124

41,192

NET CURRENT ASSETS

107,469

163,794

TOTAL ASSETS LESS CURRENT LIABILITIES

227,323

293,554

PROVISIONS FOR LIABILITIES

7,600

9,436

NET ASSETS

219,723

284,118

CAPITAL AND RESERVES

Called up share capital

22

22

Retained earnings

219,701

284,096

SHAREHOLDERS' FUNDS

219,723

284,118

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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

J D Phillips - Director

1.	STATUTORY INFORMATION

Cilevan 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 and machinery

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

COST

At 1 April 2024

79,853

301,635

1,967

383,455

Disposals

-

(2,500

)

-

(2,500

)

At 31 March 2025

79,853

299,135

1,967

380,955

DEPRECIATION

At 1 April 2024

-

251,938

1,757

253,695

Charge for year

-

9,364

42

9,406

Eliminated on disposal

-

(2,000

)

-

(2,000

)

At 31 March 2025

-

259,302

1,799

261,101

NET BOOK VALUE

At 31 March 2025

79,853

39,833

168

119,854

At 31 March 2024

79,853

49,697

210

129,760

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,639

11,945

Other debtors

3,108

3,796

4,747

15,741

6.	CURRENT ASSET INVESTMENTS

31.3.25

31.3.24

£

£

D.F.O.B Retention

12,709

12,709

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

7,424

24,149

Taxation and social security

-

11,632

Other creditors

12,700

5,411

20,124

41,192

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

J D Phillips and Mrs E W Phillips

Balance outstanding at start of year

(3,788

)

(43,501

)

Amounts advanced

46,114

67,824

Amounts repaid

(46,507

)

(28,111

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(4,181

)

(3,788

)