REGISTERED NUMBER: 10879630 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

ELTON MOOR FARM LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J C Marsh

Mr. C. C. Marsh

REGISTERED OFFICE:

Spitfire House

19 Falcon Court

Preston Farm Industrial Estate

Stockton-on-Tees

TS18 3TU

REGISTERED NUMBER:

10879630 (England and Wales)

FIXED ASSETS

Intangible assets

4

2,560

2,560

Tangible assets

5

1,717,786

1,480,919

1,720,346

1,483,479

CURRENT ASSETS

Stocks

21,338

26,200

Debtors

21,970

20,040

Cash at bank and in hand

83,811

60,907

127,119

107,147

CREDITORS

Amounts falling due within one year

1,884,700

1,643,951

NET CURRENT LIABILITIES

(1,757,581

)

(1,536,804

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(37,235

)

(53,325

)

CREDITORS

Amounts falling due after more than one year

41,770

13,556

NET LIABILITIES

(79,005

)

(66,881

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(79,105

)

(66,981

)

SHAREHOLDERS' FUNDS

(79,005

)

(66,881

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 July 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 22 April 2026 and were signed on its behalf by:

Mr J C Marsh - Director

1.	STATUTORY INFORMATION

Elton Moor Farm 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.

Elton Moor Farm Limited has operated since incorporation as a provider of shooting excursions and experiences. The business is now transitioning to also provide a wedding venue, with work on conversion of the barn into a setting for wedding receptions commencing in December 2017. Work to convert the farmhouse into accommodation for the wedding party commenced during the year to 31 July 2024. As such the business has had a large outlay of costs over recent years and this year has reported a loss before tax of £55,323 (2023: a loss of 21,628). The time and work invested over recent years will generate income for the company in the years to come, with a large number of bookings already received for the coming 12 months and beyond.

While the balance sheet shows net liabilities of £66,881 (2023: £11,558) there is a creditor relating to a loan due to the director Mr. J. C. Marsh of £1,349,075 (2023: £1,376,221), who has funded this venture and is committed to a long-term investment. The directors are confident that the company will have adequate resources to continue in operational existence for the foreseeable future and therefore consider the going concern basis of accounting to be entirely correct.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Non-SDA Entitlements (land not in a Severely Disadvantaged Area) are initially measured at cost. After initial recognition, an annual impairment review is undertaken and any reduction in value is charged to the profit and loss account.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on cost

The company's property is maintained in such a state of repair that its residual value is considered to be at least equal to its net book value. As a result, the corresponding depreciation would not be material and, therefore, is not charged in the profit and loss account. The directors perform annual impairment reviews to ensure that the carrying value is not higher than the recoverable amount.

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 5 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 August 2024

and 31 July 2025

2,560

NET BOOK VALUE

At 31 July 2025

2,560

At 31 July 2024

2,560

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 August 2024

1,580,891

Additions

287,478

Disposals

(19,510

)

At 31 July 2025

1,848,859

DEPRECIATION

At 1 August 2024

99,972

Charge for year

42,589

Eliminated on disposal

(11,488

)

At 31 July 2025

131,073

NET BOOK VALUE

At 31 July 2025

1,717,786

At 31 July 2024

1,480,919