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COMPANY REGISTRATION NUMBER: 11356333

Forest Farm (Poultry) Limited

Filleted Unaudited Financial Statements

For the year ended

31 May 2025

Forest Farm (Poultry) Limited

Statement of Financial Position

31 May 2025

| 2025 | 2024
Note | £ | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 3,764,302 |  | 3,765,068

Current assets

Debtors | 6 | 18,152 |  | 8,376 |
Cash at bank and in hand | 14,506 |  | 10,128 |
| -------- |  | -------- |
| 32,658 |  | 18,504 |

Creditors: amounts falling due within one year | 7 | 171,844 |  | 311,670 |
| ---------- |  | ---------- |
Net current liabilities |  | 139,186 |  | 293,166
|  | ------------- |  | -------------
Total assets less current liabilities |  | 3,625,116 |  | 3,471,902

Creditors: Amounts falling due one to five years | 8 |  | 2,680,142 |  | 2,753,648
|  | ------------- |  | -------------
Net assets |  | 944,974 |  | 718,254
|  | ------------- |  | -------------

Capital and reserves

Called up share capital |  | 100 |  | 100
Profit and loss account |  | 944,874 |  | 718,154
|  | ---------- |  | ----------
Shareholders funds |  | 944,974 |  | 718,254
|  | ---------- |  | ----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Forest Farm (Poultry) Limited

Statement of Financial Position (continued)

31 May 2025
These financial statements were approved by the board of directors and authorised for issue on 6 February 2026 , and are signed on behalf of the board by:

Mr G A Hawcroft
Director

Company registration number: 11356333

Forest Farm (Poultry) Limited

Notes to the Financial Statements

Year ended 31 May 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Holme Lodge Farm, Holme On Spalding Moor, York, YO43 4BU.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
(a) Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by investment properties measured at fair value through the Income Statement. The financial statements are prepared in sterling, which is the functional currency of the entity.
(b) Going concern
The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.
(c) Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
(d) Current and deferred tax
The taxation expense represents the amount of current tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
(e) Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to the expense over the lease term, on a straight-line basis.
(f) Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
(g) Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 25% reducing balance

(h) Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
(i) Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).
5. Tangible assets

| Investment property | Plant and machinery | Total
| £ | £ | £
Cost/Valuation |  |  |
At 1 June 2024 and 31 May 2025 | 3,762,005 | 8,050 | 3,770,055
| ------------- | ------- | -------------
Depreciation |  |  |
At 1 June 2024 | – | 4,987 | 4,987
Charge for the year | – | 766 | 766
| ------------- | ------- | -------------
At 31 May 2025 | – | 5,753 | 5,753
| ------------- | ------- | -------------
Carrying amount |  |  |
At 31 May 2025 | 3,762,005 | 2,297 | 3,764,302
| ------------- | ------- | -------------
At 31 May 2024 | 3,762,005 | 3,063 | 3,765,068
| ------------- | ------- | -------------

Tangible assets held at valuation
Investment property included above at £3,762,005 (2024: £3,762,005) was valued in May 2025 by the directors who have experience in the location and category of the investment property being valued.
6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 18,152 | 8,376
| -------- | -------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 182,227 | 283,143
Trade creditors | 1,590 | 6,784
Social security and other taxes | 19,218 | 21,191
Directors loan account | ( 31,191) | 552
| ---------- | ----------
| 171,844 | 311,670
| ---------- | ----------

One of the bank loans is secured by a fixed charge over the associated asset and another loan is secured by a fixed and floating charge over all the assets of the company.
8. Creditors: Amounts falling due one to five years

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 2,680,142 | 2,753,648
| ------------- | -------------

One of the bank loans is secured by a fixed charge over the associated asset and another loan is secured by a fixed and floating charge over all the assets of the company.
Included within creditors: amounts falling due after more than one year is an amount of £1,375,812 (2024: £1,399,493) in respect of liabilities payable by installments which fall due for payment after more than five years from the reporting date.
9. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:

| 2025
|  | Balance brought forward | Advances/ (credits) to the directors | Amounts repaid | Balance outstanding
|  | £ | £ | £ | £
| Mr G A Hawcroft | ( 276) | 19,122 | ( 3,250) | 15,596
| Mrs J Hawcroft | ( 276) | 19,121 | ( 3,250) | 15,595
|  | ---- | -------- | ------- | --------
|  | ( 552) | 38,243 | ( 6,500) | 31,191
|  | ---- | -------- | ------- | --------

| 2024
|  | Balance brought forward | Advances/ (credits) to the directors | Amounts repaid | Balance outstanding
|  | £ | £ | £ | £
| Mr G A Hawcroft | ( 72,737) | 124,138 | ( 51,677) | ( 276)
| Mrs J Hawcroft | ( 72,737) | 124,139 | ( 51,678) | ( 276)
|  | ---------- | ---------- | ---------- | ----
|  | ( 145,474) | 248,277 | ( 103,355) | ( 552)
|  | ---------- | ---------- | ---------- | ----

The directors have repaid the advances in full within 9 months of the accounting year end date.