REGISTERED NUMBER: 14734840 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

FARMLAND FORESTRY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J S Foster

M J S Foster

SECRETARY:

M J S Foster

REGISTERED OFFICE:

Lothing House

Quay View Business Park

Lowestoft

Suffolk

NR32 2HD

REGISTERED NUMBER:

14734840 (England and Wales)

ACCOUNTANTS:

Juler Tooke

Lothing House

Quay View Business Park

Barnards Way

Lowestoft

Suffolk

NR32 2HD

FIXED ASSETS

Tangible assets

4

32,745

24,012

CURRENT ASSETS

Stocks

12,126

-

Debtors

5

73,682

82,239

Cash at bank

55,652

56,338

141,460

138,577

CREDITORS

Amounts falling due within one year

6

(44,112

)

(86,426

)

NET CURRENT ASSETS

97,348

52,151

TOTAL ASSETS LESS CURRENT LIABILITIES

130,093

76,163

PROVISIONS FOR LIABILITIES

(8,186

)

(6,003

)

NET ASSETS

121,907

70,160

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

121,807

70,060

SHAREHOLDERS' FUNDS

121,907

70,160

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 31 December 2025 and were signed on its behalf by:

J S Foster - Director

1.	STATUTORY INFORMATION

FARMLAND FORESTRY 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.

Tangible fixed assets

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

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

28,750

Additions

18,540

Disposals

(5,900

)

At 31 March 2025

41,390

DEPRECIATION

At 1 April 2024

4,738

Charge for year

7,567

Eliminated on disposal

(3,660

)

At 31 March 2025

8,645

NET BOOK VALUE

At 31 March 2025

32,745

At 31 March 2024

24,012

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

70,162

78,009

Other debtors

3,520

4,230

73,682

82,239

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Payments on account

-

15,660

Trade creditors

10,045

9,635

Taxation and social security

33,734

56,328

Other creditors

333

4,803

44,112

86,426

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £37,000 (2024 - £15,000) were paid to the directors .

The company operates a loan account with the directors and the balance at 31st March 2025 was £333.