TORRANCE FARMS LIMITED

Company Registration Number:
SC036311 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

TORRANCE FARMS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

TORRANCE FARMS LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Intangible assets: 3 12,586 12,586
Tangible assets: 4 4,021,289 4,036,946
Investments: 5 1,070 1,070
Total fixed assets: 4,034,945 4,050,602
Current assets
Stocks: 661,236 641,642
Debtors:   382,447 384,360
Cash at bank and in hand: 87 87
Total current assets: 1,043,770 1,026,089
Creditors: amounts falling due within one year:   (3,388,898) (3,420,621)
Net current assets (liabilities): (2,345,128) (2,394,532)
Total assets less current liabilities: 1,689,817 1,656,070
Total net assets (liabilities): 1,689,817 1,656,070
Capital and reserves
Called up share capital: 40,000 40,000
Profit and loss account: 1,649,817 1,616,070
Shareholders funds: 1,689,817 1,656,070

The notes form part of these financial statements

TORRANCE FARMS LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 November 2025
and signed on behalf of the board by:

Name: Robert F Torrance
Status: Director

The notes form part of these financial statements

TORRANCE FARMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TORRANCE FARMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 10 9

TORRANCE FARMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Intangible Assets

Total
Cost £
At 01 April 2024 12,586
At 31 March 2025 12,586
Net book value
At 31 March 2025 12,586
At 31 March 2024 12,586

TORRANCE FARMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Tangible Assets

Total
Cost £
At 01 April 2024 5,203,954
Additions 126,900
Disposals (74,300)
At 31 March 2025 5,256,554
Depreciation
At 01 April 2024 1,167,008
Charge for year 137,963
On disposals (69,706)
At 31 March 2025 1,235,265
Net book value
At 31 March 2025 4,021,289
At 31 March 2024 4,036,946

TORRANCE FARMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Fixed investments

Fixed investments represent long term investment.