| Adams Keyston Hill Limited |
| Registered Number:08054481 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Adams Keyston Hill Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Adams Keyston Hill Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
200,787
183,656
2
390,897
343,837
3
544,624
574,553
138,048
161,969
4
| Trade and other receivables |
662,767
952,870
5
1,114,839
800,815
| Trade and other payables: amounts falling due within one |
| year |
(368,550)
(419,432)
6
432,265
695,407
Net current assets
| Total assets less current liabilities |
1,240,031
1,006,818
1,240,031
Net assets
1,006,818
99
99
1,239,932
1,006,719
1,240,031
1,006,818
Shareholders' funds
| For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| 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 director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 19 December 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Adams Keyston Hill Limited
Notes to the Financial Statements
Statutory Information
| Adams Keyston Hill Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 08054481. |
Keyston Hill Farm
Keyston
Haverfordwest
Pembrokeshire
SA62 6EJ
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
| No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected |
| useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
| would be immaterial. The directors undertake an annual impairment review of these properties. |
Government grants
| Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred. |
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Foreign currencies
| Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 March 2025
Adams Keyston Hill Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
379,710
758
-
307,011
71,941
40,568
-
5,950
34,618
-
341,629
5,950
758
420,278
71,941
| Provision for depreciation and impairment |
196,054
459
-
195,595
-
Charge for year
23,437
45
1,487
21,905
-
219,491
504
1,487
217,500
-
71,941
124,129
4,463
254
200,787
71,941
111,416
-
299
183,656
| 3. Investments held as fixed assets |
390,897
390,897
(47,060)
(47,060)
343,837
343,837
343,837
343,837
390,897
390,897
Dairy Production Herd
2024
2025
138,900
125,749
23,069
12,299
161,969
138,048
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For the year ended 31 March 2025
Adams Keyston Hill Limited
Notes to the Financial Statements Continued
| 5. Trade and other receivables |
2024
2025
116,466
109,906
836,404
552,861
662,767
952,870
| 6. Trade and other payables: amounts falling due within one year |
2024
2025
95,604
96,595
133,712
174,661
| Taxation and social security |
132,475
60,448
57,641
36,846
419,432
368,550
| 7. Average number of persons employed |
During the year the average number of employees was 5 (2024 : 5)
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