REGISTERED NUMBER: 01147765 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2025

FOR

WESTWELL FARMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P S Curtis

Mrs J E Curtis

J W Curtis

C A Curtis

SECRETARY:

Mrs J E Curtis

REGISTERED OFFICE:

Two Brewers House

50 North Street

Thame

Oxfordshire

OX9 3BH

REGISTERED NUMBER:

01147765 (England and Wales)

ACCOUNTANTS:

Martin and Company

Two Brewers House

50 North Street

Thame

Oxfordshire

OX9 3BH

FIXED ASSETS

Tangible assets

4

643,999

629,356

CURRENT ASSETS

Stocks

178,487

207,399

Debtors

5

193,136

191,035

Cash at bank

69,419

27,710

441,042

426,144

CREDITORS

Amounts falling due within one year

6

333,409

272,524

NET CURRENT ASSETS

107,633

153,620

TOTAL ASSETS LESS CURRENT LIABILITIES

751,632

782,976

CREDITORS

Amounts falling due after more than one year

7

(627,477

)

(665,700

)

PROVISIONS FOR LIABILITIES

(102,404

)

(95,784

)

NET ASSETS

21,751

21,492

CAPITAL AND RESERVES

Called up share capital

2,000

2,000

Retained earnings

19,751

19,492

21,751

21,492

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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 6th January 2026 and were signed on its behalf by:

P S Curtis - Director

Mrs J E Curtis - Director

C A Curtis - Director

J W Curtis - Director

1.	STATUTORY INFORMATION

Westwell Farms 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.

Plant and machinery etc

-

25% on reducing balance and 10% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st May 2024

395,031

749,192

56,881

11,169

1,212,273

Additions

-

95,250

-

-

95,250

Disposals

-

(58,460

)

(2,607

)

-

(61,067

)

At 30th April 2025

395,031

785,982

54,274

11,169

1,246,456

DEPRECIATION

At 1st May 2024

196,768

361,971

16,141

8,037

582,917

Charge for year

8,957

46,816

10,176

313

66,262

Eliminated on disposal

-

(44,150

)

(2,572

)

-

(46,722

)

At 30th April 2025

205,725

364,637

23,745

8,350

602,457

NET BOOK VALUE

At 30th April 2025

189,306

421,345

30,529

2,819

643,999

At 30th April 2024

198,263

387,221

40,740

3,132

629,356

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

22,188

13,066

Other debtors

80,188

60,209

102,376

73,275

Amounts falling due after more than one year:

Other debtors

90,760

117,760

Aggregate amounts

193,136

191,035

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

193,619

167,140

Hire purchase contracts

61,356

51,326

Trade creditors

12,443

6,014

Taxation and social security

3,338

2,721

Other creditors

62,653

45,323

333,409

272,524

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

258,289

243,237

Hire purchase contracts

150,921

150,463

Other creditors

218,267

272,000

627,477

665,700

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other creditors

218,267

272,000

8.	RELATED PARTY DISCLOSURES

Other creditors includes an amount of £218,267 (2024: £272,000) in respect of amounts due to P S Curtis (2014) Limited, which is related through common ownership. The amount is unsecured, interest free and payable on demand.

Other debtors includes an amount of £117,760 (2024: £144,761) in respect of amounts due from Westwell Downs Shepherds Huts Limited.

Mr J W Curtis and Mr C A Curtis are directors of Westwell Downs Shepherd Huts Limited.

The amount is unsecured, interest free and payable on demand.