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Company Registration No. 09739580 (England and Wales)
Hazel Farms Limited Unaudited accounts for the year ended 31 March 2025
Hazel Farms Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Hazel Farms Limited Company Information for the year ended 31 March 2025
Director
W Reed
Company Number
09739580 (England and Wales)
Registered Office
Cleave Farm Templeton Tiverton Devon EX16 8BP
Accountants
EllamWalker Accountants Ltd Sydeham Farm Rackenford Tiverton Devon EX16 8ER
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Hazel Farms Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
34,365
-
Current assets
Inventories
59,400
-
Debtors
5
240,413
291
Cash at bank and in hand
2,910
38
302,723
329
Creditors: amounts falling due within one year
6
(78,133)
(3,379)
Net current assets/(liabilities)
224,590
(3,050)
Total assets less current liabilities
258,955
(3,050)
Creditors: amounts falling due after more than one year
7
(335,636)
-
Net liabilities
(76,681)
(3,050)
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
(76,781)
(3,150)
Shareholders' funds
(76,681)
(3,050)
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 March 2026 and were signed on its behalf by
W Reed Director Company Registration No. 09739580
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Hazel Farms Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Hazel Farms Limited is a private company, limited by shares, registered in England and Wales, registration number 09739580. The registered office is Cleave Farm, Templeton, Tiverton, Devon, EX16 8BP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Computer equipment
3 Years Straight Line
Going concern
The financial statements have been prepared on a going concern basis. The directors have considered the company’s financial position, together with its forecasts and projections, and have taken into account the availability of banking facilities and the continued support of the director. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
-
-
-
Additions
138,371
400
138,771
Disposals
(123,480)
-
(123,480)
At 31 March 2025
14,891
400
15,291
Depreciation
Charge for the year
10,235
78
10,313
On disposals
(29,387)
-
(29,387)
At 31 March 2025
(19,152)
78
(19,074)
Net book value
At 31 March 2025
34,043
322
34,365
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Hazel Farms Limited Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
191
Trade debtors
195,400
-
Amounts due from group undertakings etc.
3,587
-
Accrued income and prepayments
4,346
-
Other debtors
37,080
100
240,413
291
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
4,013
-
Trade creditors
40,064
-
Amounts owed to group undertakings and other participating interests
-
1,148
Taxes and social security
1,800
1,300
Other creditors
27,825
-
Accruals
4,431
931
78,133
3,379
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
335,636
-
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
Included in other debtors are loans where W Reed is also a partner, as follows: Reed Partnership - £22,221 (2024 - £Nil)
10
Average number of employees
During the year the average number of employees was 1 (2024: 0).
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