REGISTERED NUMBER: 00746293 (England and Wales)

Financial Statements for the Year Ended 30 April 2025

for

Elms Farm (Albrighton) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P C Wellsbury

Mrs L Wellsbury

SECRETARY:

Mrs L Wellsbury

REGISTERED OFFICE:

Leasowes Farm

Watling Street

Stretton

Staffordshire

ST19 9QX

REGISTERED NUMBER:

00746293 (England and Wales)

ACCOUNTANTS:

Haines Watts Wolverhampton Limited

Keepers Lane

The Wergs

Wolverhampton

West Midlands

WV6 8UA

FIXED ASSETS

Tangible assets

4

418,527

464,297

Investments

5

756

756

Herd basis

6

97,370

97,370

516,653

562,423

CURRENT ASSETS

Stocks

7

240,946

205,906

Debtors

8

70,538

51,642

Cash at bank

392,602

292,117

704,086

549,665

CREDITORS

Amounts falling due within one year

9

168,542

153,053

NET CURRENT ASSETS

535,544

396,612

TOTAL ASSETS LESS CURRENT LIABILITIES

1,052,197

959,035

CREDITORS

Amounts falling due after more than one year

10

(7,500

)

(17,500

)

PROVISIONS FOR LIABILITIES

(90,804

)

(98,767

)

NET ASSETS

953,893

842,768

CAPITAL AND RESERVES

Called up share capital

12

1,000

1,000

Retained earnings

952,893

841,768

SHAREHOLDERS' FUNDS

953,893

842,768

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 January 2026 and were signed on its behalf by:

P C Wellsbury - Director

1.	STATUTORY INFORMATION

Elms Farm (Albrighton) 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.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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.

Long leasehold

-

10% on cost

Plant and machinery

-

10% on cost

Motor vehicles

-

16.7% on cost

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 Profit and Loss Account, 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 6 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Long

Plant and

Motor

leasehold

machinery

vehicles

Totals

£

£

£

£

COST

At 1 May 2024

448,543

613,516

357,050

1,419,109

Additions

-

56,775

-

56,775

Disposals

-

(15,500

)

-

(15,500

)

At 30 April 2025

448,543

654,791

357,050

1,460,384

DEPRECIATION

At 1 May 2024

379,313

420,450

155,049

954,812

Charge for year

13,920

35,682

48,293

97,895

Eliminated on disposal

-

(10,850

)

-

(10,850

)

At 30 April 2025

393,233

445,282

203,342

1,041,857

NET BOOK VALUE

At 30 April 2025

55,310

209,509

153,708

418,527

At 30 April 2024

69,230

193,066

202,001

464,297

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 May 2024

and 30 April 2025

756

NET BOOK VALUE

At 30 April 2025

756

At 30 April 2024

756

6.	HERD BASIS

Herd

basis

£

COST

At 1 May 2024

and 30 April 2025

97,370

NET BOOK VALUE

At 30 April 2025

97,370

At 30 April 2024

97,370

7.

STOCKS

2025

2024

as

restated

£

£

Stocks

240,946

205,906

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as

restated

£

£

Trade debtors

48,480

28,382

Other debtors

22,058

23,260

70,538

51,642

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as

restated

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

53,843

51,660

Taxation and social security

55,211

24,357

Other creditors

49,488

67,036

168,542

153,053

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

as

restated

£

£

Bank loans

7,500

17,500

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

as

restated

£

£

Bank loans

17,500

27,500

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

as restated

£

£

1,000

Ordinary

£1

1,000

1,000