REGISTERED NUMBER: 06913251 (England and Wales)

Moore Farming Limited

Unaudited Financial Statements

for the Year Ended 3rd April 2025

Page

Company information

1

Balance sheet

2

to

3

Notes to the financial statements

4

to

6

Director:

P G Moore

Registered office:

Encampment Farm

Cornhill-On-Tweed

Northumberland

TD12 4TF

Registered number:

06913251 (England and Wales)

Accountants:

Rennie Welch LLP

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Fixed assets

Tangible assets

4

204,903

226,726

Current assets

Stocks

55,668

62,245

Debtors

5

55,555

55,190

Cash at bank and in hand

200

10,274

111,423

127,709

Creditors

Amounts falling due within one year

6

46,165

87,975

Net current assets

65,258

39,734

Total assets less current liabilities

270,161

266,460

Provisions for liabilities

38,932

43,078

Net assets

231,229

223,382

Capital and reserves

Called up share capital

100

100

Retained earnings

231,129

223,282

Shareholders' funds

231,229

223,382

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 3rd April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 3rd 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 income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29th December 2025 and were signed by:

P G Moore - Director

1.	Statutory information

Moore Farming 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.

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 the total invoice value, excluding value added tax, of sales invoiced during the year, or the fair value of services provided for amounts not invoiced at the year end.

Turnover arising from the sale of goods is recognised when the significant risks and rewards of ownership have passed to the buyer. Turnover arising from the provision of contracting services is recognised as contract activity progresses and the right to consideration is earned.

Tangible fixed assets

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

Equipment

-

15% on reducing balance

Tractors and combines

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Stocks

Stock is valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of completion.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, accruals, bank overdrafts, other loans and directors' loans.

Directors' loans and other loans (being repayable on demand), trade debtors, trade creditors, bank overdrafts and accruals are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss in the Statement of Income and Retained Earnings.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Going concern

The director has considered the company's financial position for a minimum period of 12 months and beyond from the date of signing these financial statements and has an expectation that the company should be in a position to continue trading in the current format for the foreseeable future. Accordingly, he continues to adopt the going concern basis in preparing these financial statements.

3.	Employees and directors

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

4.	Tangible fixed assets

Tractors

and

Motor

Equipment

combines

vehicles

Totals

£

£

£

£

Cost

At 4th April 2024

85,000

200,682

12,400

298,082

Additions

1,695

12,890

-

14,585

At 3rd April 2025

86,695

213,572

12,400

312,667

Depreciation

At 4th April 2024

18,170

42,897

10,289

71,356

Charge for year

10,279

25,601

528

36,408

At 3rd April 2025

28,449

68,498

10,817

107,764

Net book value

At 3rd April 2025

58,246

145,074

1,583

204,903

At 3rd April 2024

66,830

157,785

2,111

226,726

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

26,129

11,360

Amounts owed by participating interests

26,552

43,588

Other debtors

2,874

242

55,555

55,190

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

480

19,316

Trade creditors

38,577

18,876

Taxation and social security

7,108

31,746

Other creditors

-

18,037

46,165

87,975

7.	Secured debts

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

480

19,316

HSBC Bank PLC holds a fixed and floating charge over the undertaking and all property and assets of the company.