REGISTERED NUMBER: 12655635 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

EMMERS FARM LIMITED

Page

Balance sheet

1

Notes to the financial statements

2

Fixed assets

Investment property

4

22,280

22,280

Current assets

Debtors

5

-

1,700

Cash at bank

209

827

209

2,527

Creditors

Amounts falling due within one year

6

9,314

13,234

Net current liabilities

(9,105

)

(10,707

)

Total assets less current liabilities

13,175

11,573

Capital and reserves

Called up share capital

7

100

100

Retained earnings

13,075

11,473

Shareholders' funds

13,175

11,573

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 November 2025 and were signed by:

Mr G J Revell - Director

1.	Statutory information

Emmers Farm Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 12655635. The registered office is 7&8 Church Street, Wimborne, Dorset, BH21 1JH and business address is Jubilee Farm, Burts Lane, Mannington, Wimborne, Dorset, BH21 7JX.

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 represents rental income accounted for on an accruals basis.

Investment property

Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from a change in fair value is recognised in other comprehensive income.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

4.	Investment property

Total

£

Fair value

At 1 May 2024

and 30 April 2025

22,280

Net book value

At 30 April 2025

22,280

At 30 April 2024

22,280

Included in fair value of investment property is freehold land of £ 22,280 (2024 - £ 22,280 ) which is not depreciated.

An option agreement is in place that restricts the company from entering into further leasing arrangements on land at Emmers Farm without the permission of the option holder.

Investment property was valued on an open market basis on 30 April 2025 by the director.

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

-

1,700

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

954

-

Tax

6,686

2,639

Accruals and deferred income

1,674

10,595

9,314

13,234

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

52

Ordinary

£1

52

100

(2024 - 100 )

24

"A" Ordinary

£1

24

-

24

"B" Ordinary

£1

24

-

100

100

On 9 January 2025, 48 Ordinary shares were reclassified into 24 "A" Ordinary shares and 24 "B" Ordinary shares.

8.	Ultimate controlling party

The Company is under the control of the director, by virtue of his 52% holding of the issued voting share capital of the Company.

9.	Options granted

During the period ended 30 April 2021, the company granted an option to lease land at Emmers Farm for which it receives an annual fee from the option holder. This option agreement was extended on 12 December 2024.

Potential future income from this option grant is contingent on either the option being exercised and no notice to terminate the option agreement being filed by either party.