REGISTERED NUMBER: 08355112 (England and Wales)

BLAENPANT FARM LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G O James

Mrs G James

Mr G O James

REGISTERED OFFICE:

Blaenpant

Llechryd

Cardigan

Ceredigion

SA43 2RA

REGISTERED NUMBER:

08355112 (England and Wales)

ACCOUNTANTS:

D M B Davies Limited

Broyan House

Priory Street

Cardigan

Ceredigion

SA43 1BZ

FIXED ASSETS

Intangible assets

4

800

-

Tangible assets

5

1,295,604

1,321,731

1,296,404

1,321,731

CURRENT ASSETS

Stocks

380,287

391,258

Debtors

6

81,882

59,858

Investments

7

58,831

58,674

Prepayments and accrued income

1,056

-

Cash at bank

91,037

35,981

613,093

545,771

CREDITORS

Amounts falling due within one year

8

842,197

873,802

NET CURRENT LIABILITIES

(229,104

)

(328,031

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,067,300

993,700

CREDITORS

Amounts falling due after more than one year

9

(11,851

)

(27,029

)

PROVISIONS FOR LIABILITIES

(115,435

)

(121,966

)

NET ASSETS

940,014

844,705

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

940,011

844,702

SHAREHOLDERS' FUNDS

940,014

844,705

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 23 December 2025 and were signed on its behalf by:

Mr G O James - Director

1.	STATUTORY INFORMATION

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

Single farm payment entitlement

The single farm payment entitlement is being amortized over its expected useful life.

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

-

25% on reducing balance and 15% on reducing balance

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.

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 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

73,306

Additions

1,200

At 31 March 2025

74,506

AMORTISATION

At 1 April 2024

73,306

Charge for year

400

At 31 March 2025

73,706

NET BOOK VALUE

At 31 March 2025

800

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

833,867

1,019,395

24,731

1,877,993

Additions

-

56,835

-

56,835

At 31 March 2025

833,867

1,076,230

24,731

1,934,828

DEPRECIATION

At 1 April 2024

-

539,356

16,906

556,262

Charge for year

-

81,006

1,956

82,962

At 31 March 2025

-

620,362

18,862

639,224

NET BOOK VALUE

At 31 March 2025

833,867

455,868

5,869

1,295,604

At 31 March 2024

833,867

480,039

7,825

1,321,731

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

68,397

54,660

Other debtors

13,485

5,198

81,882

59,858

7.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

First Milk investment

54,760

54,760

CCF Share account

4,071

3,914

58,831

58,674

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

14,701

40,052

Trade creditors

84,234

88,255

Taxation and social security

45,903

52,354

Other creditors

697,359

693,141

842,197

873,802

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

11,851

27,029

10.	RELATED PARTY DISCLOSURES

11.	ULTIMATE CONTROLLING PARTY