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Mountjoy Farms Limited
Registered Number:10687335
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2025
Mountjoy Farms Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
10687335
As at 31 March 2025
Mountjoy Farms Limited
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
1,052,235
722,383
2
3
302,349
312,125
Investment property
1,354,584
1,034,508
Current assets
Inventories
77,902
65,985
5
Trade and other receivables
92,196
125,232
6
74,722
Cash and cash equivalents
200,571
391,788
244,820
Trade and other payables: amounts falling due within one
year
(212,071)
(204,266)
8
32,749
187,522
Net current assets
Total assets less current liabilities
1,542,106
1,067,257
Trade and other payables: amounts falling due after more
than one year
-
(300,062)
9
1,242,044
Net assets
1,067,257
Capital and reserves
Called up share capital
100
100
Retained earnings
1,241,944
1,067,157
1,242,044
1,067,257
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.
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4
Registered Number :
10687335
For the year ended 31 March 2025
Mountjoy Farms Limited
Statement of Financial Position Continued
Mr William Hannah Director
These financial statements were approved and authorised for issue by the Board on 23 December 2025 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 March 2025
Mountjoy Farms Limited
Notes to the Financial Statements
Statutory Information
Mountjoy Farms Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 10687335.
Registered address:
Mountjoy Farm
Treffgarne
Haverfordwest
Pemrbrokeshire
SA62 5PJ
The presentation currency is £ sterling.
1. Accounting policies
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.
2. Property, plant and equipment
Total
Motor
Vehicles
Plant and
Machinery
Land and
Buildings
£
£
£
£
Cost or
valuation
At 01 April 2024
1,091,751
33,138
807,353
251,260
424,169
-
51,172
372,997
Additions
At 31 March 2025
624,257
858,525
33,138
1,515,920
Provision for depreciation and impairment
At 01 April 2024
369,368
28,363
308,786
32,219
Charge for year
94,317
1,194
80,536
12,587
At 31 March 2025
463,685
29,557
389,322
44,806
At 31 March 2025
Net book value
579,451
469,203
3,581
1,052,235
At 31 March 2024
219,041
498,567
4,775
722,383
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6
For the year ended 31 March 2025
Mountjoy Farms Limited
Notes to the Financial Statements Continued
3. Investment property
Total
£
Fair value
At 01 April 2024
312,125
Disposals
(9,776)
At 31 March 2025
302,349
Net book value
At 31 March 2025
302,349
At 31 March 2024
312,125
Investment property, which is property held to earn rentals and/or capital appreciation, is intially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting date. Changes in fair value are recognised in the profit and loss account.
4. Investments held as fixed assets
Dairy Production Herd
5. Inventories
2024
2025
£
£
Stocks
65,985
77,902
6. Trade and other receivables
2024
2025
£
£
Trade debtors
4,727
3,619
Other debtors
120,505
88,577
92,196
125,232
7. Financial instruments at fair value
The company has elected to apply the provisions
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7
For the year ended 31 March 2025
Mountjoy Farms Limited
Notes to the Financial Statements Continued
8. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Bank loans and overdraft
13,068
23,243
Trade creditors
47,335
34,663
Taxation and social security
72,644
53,079
Other creditors
71,219
101,086
204,266
212,071
9. Trade and other payables: amounts falling due after more than one year
2024
2025
£
£
Bank loans and overdraft
300,062
-
10. Average number of persons employed
During the year the average number of employees was 4 (2024 : 4)
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