REGISTERED NUMBER: 05094947 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2025

FOR

THREE COUNTIES FARMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P R Clarke

Mrs A E Clarke

A J Taylor

Mrs J A Campbell

SECRETARY:

Mrs A E Clarke

REGISTERED OFFICE:

Coombe House

Ham Spray

Marlborough

Wiltshire

SN8 3QZ

REGISTERED NUMBER:

05094947 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

BANKERS:

National Westminster Bank Plc

PO Box 333

Silbury House

300 Silbury Boulevard

Milton Keynes

MK9 2ZF

FIXED ASSETS

Intangible assets

4

89,666

89,666

Tangible assets

5

989,151

1,157,320

Investments

6

1

1

1,078,818

1,246,987

CURRENT ASSETS

Stocks

866,314

994,034

Debtors

7

609,703

582,315

Cash at bank

698,193

358,907

2,174,210

1,935,256

CREDITORS

Amounts falling due within one year

8

914,862

729,389

NET CURRENT ASSETS

1,259,348

1,205,867

TOTAL ASSETS LESS CURRENT LIABILITIES

2,338,166

2,452,854

PROVISIONS FOR LIABILITIES

225,036

266,230

NET ASSETS

2,113,130

2,186,624

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

2,112,130

2,185,624

2,113,130

2,186,624

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

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

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6th November 2025 and were signed on its behalf by:

P R Clarke - Director

Mrs A E Clarke - Director

1.	STATUTORY INFORMATION

Three Counties Farms Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Purchased company entitlements are stated at cost less provision for any permanent diminution in value.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost, 2% on cost, 10-20% on cost and 10-33.33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st May 2024

and 30th April 2025

201,920

AMORTISATION

At 1st May 2024

and 30th April 2025

112,254

NET BOOK VALUE

At 30th April 2025

89,666

At 30th April 2024

89,666

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st May 2024

1,871,547

Additions

15,445

Disposals

(12,000

)

At 30th April 2025

1,874,992

DEPRECIATION

At 1st May 2024

714,227

Charge for year

183,372

Eliminated on disposal

(11,758

)

At 30th April 2025

885,841

NET BOOK VALUE

At 30th April 2025

989,151

At 30th April 2024

1,157,320

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st May 2024

and 30th April 2025

1

NET BOOK VALUE

At 30th April 2025

1

At 30th April 2024

1

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

366,045

292,645

Amounts owed by group undertakings

1,338

1,338

Other debtors

242,320

288,332

609,703

582,315

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

364,819

92,389

Trade creditors

272,488

327,922

Amounts owed to group undertakings

199,006

242,890

Taxation and social security

17,737

751

Other creditors

60,812

65,437

914,862

729,389