Thistledown Cowford Farms Limited

Registered number

11266328

Filleted Accounts

31 March 2025

Thistledown Cowford Farms Limited
Registered number:		11266328
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		3,575,998			3,628,247

Current assets
Stocks		411,804			398,555
Debtors	4	2,715			9,532
Cash at bank and in hand		39,933			42,001
		454,452			450,088

Creditors: amounts falling due within one year	5	(435,841)			(395,272)

Net current assets			18,611			54,816

Net assets			3,594,609			3,683,063

Capital and reserves
Called up share capital			5,000,000			5,000,000
Profit and loss account			(1,405,391)			(1,316,937)

Shareholders' funds			3,594,609			3,683,063

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr A C Anderson
Director
Approved by the board on 23 December 2025

Thistledown Cowford Farms Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			15% straight line
	Motor vehicles			25% straight line

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					2		2


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	3,663,138		378,029		27,035		4,068,202
	At 31 March 2025	3,663,138		378,029		27,035		4,068,202

	Depreciation
	At 1 April 2024	77,355		335,565		27,035		439,955
	Charge for the year	12,892		39,357		-		52,249
	At 31 March 2025	90,247		374,922		27,035		492,204

	Net book value
	At 31 March 2025	3,572,891		3,107		-		3,575,998
	At 31 March 2024	3,585,783		42,464		-		3,628,247


4	Debtors					2025		2024
£							£

	Trade debtors					-		5,894
	Other debtors					2,715		3,638
						2,715		9,532


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					5,792		14,732
	Taxation and social security costs					668		-
	Other creditors					429,381		380,540
						435,841		395,272


6	Related party transactions

	A C Anderson, G B Anderson and J J Melrose are directors of Thistledown Investments Limited. During the year the following transactions took place with Thistledown Investments Limited.

						2025		2024
£							£

	Loan received					20,000		-
	Interest payable					27,437		26,494

	Included within other creditors is the following amount due to Thistledown Investments Limited

	Loan payable					427,977		380,540


7	Controlling party

	The company is controlled by Mr A C Anderson who owns the entire share capital.


8	Other information

	Thistledown Cowford Farms Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Stoneleigh Events
	Stoneleigh Park
	Kenilworth
	Warwickshire
	CV8 2LZ