Registration number: 00821126

Kingtonmead Farms Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

Kingtonmead Farms Limited

Company Information

Directors

Mr D G T Staley Mr J R J Staley

Company secretary

Mr D G T Staley

Registered office

Kingtonmead Farm Kington Thornbury South Gloucestershire BS35 1PQ

Accountants

Burton Sweet Limited Chartered Accountants and Business Advisers Spencer House Morston Court Aisecome Way Weston-super-Mare North Somerset BS22 8NG

Kingtonmead Farms Limited

(Registration number: 00821126)
Balance Sheet
31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	10,230	13,639
Investment property	5	3,552,589	3,552,589
		3,562,819	3,566,228
Current assets
Debtors	6	27,013	16,301
Cash at bank and in hand		286,410	218,718
		313,423	235,019
Creditors: Amounts falling due within one year	7	(55,437)	(48,780)
Net current assets		257,986	186,239
Total assets less current liabilities		3,820,805	3,752,467
Provisions for liabilities		(339,235)	(339,235)
Net assets		3,481,570	3,413,232
Capital and reserves
Called up share capital		1,800	1,800
Share premium reserve		14,200	14,200
Fair value reserve		2,476,566	2,476,566
Retained earnings		989,004	920,666
Shareholders' funds		3,481,570	3,413,232

Kingtonmead Farms Limited

(Registration number: 00821126)
Balance Sheet
31 March 2025

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 24 December 2025 and signed on its behalf by:
 

......................................... Mr D G T Staley Company secretary and director

Kingtonmead Farms Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

1	General information

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

The address of its registered office is:
Kingtonmead Farm
Kington
Thornbury
South Gloucestershire BS35 1PQ

The principal place of business is:
Kingtonmead Farm
Kington
Thornbury
Bristol BS12 1PQ
BS35 1QP

These financial statements were authorised for issue by the Board on 24 December 2025.

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.

Kingtonmead Farms Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of 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 corporation 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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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 & Machinery	25% per annum reducing balance
Furniture & Equipment	25% per annum reducing balance

Kingtonmead Farms Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

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.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Total £
Cost or valuation
At 1 April 2024	85,448	29,560	115,008
At 31 March 2025	85,448	29,560	115,008
Depreciation
At 1 April 2024	71,985	29,384	101,369
Charge for the year	3,365	44	3,409
At 31 March 2025	75,350	29,428	104,778
Carrying amount
At 31 March 2025	10,098	132	10,230
At 31 March 2024	13,463	176	13,639

Kingtonmead Farms Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

5	Investment properties

	2025 £
At 1 April	3,552,589
At 31 March	3,552,589

The fair value of the investment property has been determined by the director(s) based on current market conditions.  No professional valuer was used

6

Debtors

	2025 £	2024 £
Trade debtors	10,577	9,394
Other debtors	10,000	-
Prepayments	5,186	5,657
Accrued income	1,250	1,250
	27,013	16,301

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	19,500	17,254
Taxation and social security	20,766	20,619
Accruals and deferred income	11,214	6,950
Other creditors	3,957	3,957
	55,437	48,780