Lime Wharf Cafe and Farm Shop Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 09202682

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		121,000		134,500
Tangible Assets	5		77,500		78,500

			198,500		213,000
CURRENT ASSETS
Stocks	6	10,000		2,000
Cash at bank and in hand		31,949		45,238

		41,949		47,238
Creditors: Amounts Falling Due Within One Year	7	(135,674 )		(127,664 )

NET CURRENT ASSETS (LIABILITIES)			(93,725 )		(80,426 )

TOTAL ASSETS LESS CURRENT LIABILITIES			104,775		132,574

Creditors: Amounts Falling Due After More Than One Year	8		(89,651 )		(117,288 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(15,000 )		(15,000 )

NET ASSETS			124		286

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			24		186

SHAREHOLDERS' FUNDS			124		286

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Lime Wharf Cafe and Farm Shop Limited

Balance Sheet (continued)

As At 31 March 2025

For the 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.

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.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

V Ferrett

Director

22 December 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Lime Wharf Cafe and Farm Shop Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09202682 . The registered office is Riverside Cottage Station Road, Northiam, Rye, TN31 6FE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover represents net sales of food, alcohol and beverages.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Leasehold improvements

Leasehold improvements, being the amount paid in connection with the construction of a building/premises, is being amortised evenly over its estimated useful life of ten years, from 1/2/16, reevaluated to twenty years from 1/4/19 onwards.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	15% on cost
Equipment, fixtures & fittings	15% on reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Lime Wharf Cafe and Farm Shop Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 25 (2024: 25)

4. Intangible Assets

	Leasehold improvements
	£
Cost
As at 1 April 2024	269,646

As at 31 March 2025	269,646

Amortisation
As at 1 April 2024	135,146
Provided during the period	13,500

As at 31 March 2025	148,646

Net Book Value
As at 31 March 2025	121,000

As at 1 April 2024	134,500

5. Tangible Assets

	Equipment, fixtures & fittings
	£
Cost
As at 1 April 2024	175,265
Additions	12,591

As at 31 March 2025	187,856

...CONTINUED

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Lime Wharf Cafe and Farm Shop Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024	96,765
Provided during the period	13,591

As at 31 March 2025	110,356

Net Book Value
As at 31 March 2025	77,500

As at 1 April 2024	78,500

6. Stocks

	2025	2024
	£	£
Stock of food, alcohol and beverages	10,000	2,000

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	26,750	25,000
Corporation tax	6,354	9,645
VAT	5,751	3,731
Intercompany current accounts	81,850	52,250
Directors' loan accounts	14,969	37,038

	135,674	127,664

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loan - repayable within 5 years	89,651	117,288

The bank loan is secured by a first charge on the land and buildings at Rye Road, Newenden, owed by the directors.

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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Lime Wharf Cafe and Farm Shop Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

10. Related Party Transactions

The company is under the control of A F Bolton and V Ferrett, the directors. At the year end the directors are owed £44,569 by the company (2024: £37,038).

Rent is payable by the company to the Directors at the rate of £16,500 per annum in accordance with the initial 7 year lease which is expected to be renewed when this expires.

A management charge was paid to an associated company for £0 (2024: £16,000) during the year, relating to services provided at normal commercial rates.

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