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Company Registration No. 15650805 (England and Wales)
Spring Grounds Farm (2024) Limited Unaudited accounts for the period from 16 April 2024 to 30 April 2025
Spring Grounds Farm (2024) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Spring Grounds Farm (2024) Limited Company Information for the period from 16 April 2024 to 30 April 2025
Director
James George Frederick Leman
Company Number
15650805 (England and Wales)
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Spring Grounds Farm (2024) Limited Statement of financial position as at 30 April 2025
2025
Notes
£
Fixed assets
Tangible assets
4
186,072
Current assets
Debtors
5
6,567
Cash at bank and in hand
2,781
9,348
Creditors: amounts falling due within one year
6
(310,012)
Net current liabilities
(300,664)
Net liabilities
(114,592)
Capital and reserves
Profit and loss account
(114,592)
Shareholders' funds
(114,592)
For the period ending 30 April 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 14 April 2026 and were signed on its behalf by
James George Frederick Leman Director Company Registration No. 15650805
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Spring Grounds Farm (2024) Limited Notes to the Accounts for the period from 16 April 2024 to 30 April 2025
1
Statutory information
Spring Grounds Farm (2024) Limited is a private company, limited by shares, registered in England and Wales, registration number 15650805.
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 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:
Land & buildings
5% Straight-line
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Computer equipment
25% Straight-line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 16 April 2024
-
-
-
-
-
Additions
9,948
183,926
32,246
146
226,266
At 30 April 2025
9,948
183,926
32,246
146
226,266
Depreciation
Charge for the period
585
33,014
6,449
146
40,194
At 30 April 2025
585
33,014
6,449
146
40,194
Net book value
At 30 April 2025
9,363
150,912
25,797
-
186,072
5
Debtors
2025
£
Amounts falling due within one year
VAT
6,567
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Spring Grounds Farm (2024) Limited Notes to the Accounts for the period from 16 April 2024 to 30 April 2025
6
Creditors: amounts falling due within one year
2025
£
Trade creditors
1,428
Other creditors
960
Loans from directors
307,624
310,012
7
Average number of employees
During the period the average number of employees was 0.
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