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Registered number: 01079458
H. & M. (Farmers) Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
TS Partners Ltd
2-4 Gladstone Place
Newton Abbot
Devon
TQ12 2AN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01079458
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 925,137 925,183
925,137 925,183
CURRENT ASSETS
Stocks 5 9,405 5,845
Debtors 6 2,000 3,000
Cash at bank and in hand 627 1,225
12,032 10,070
Creditors: Amounts Falling Due Within One Year 7 (41,844 ) (41,764 )
NET CURRENT ASSETS (LIABILITIES) (29,812 ) (31,694 )
TOTAL ASSETS LESS CURRENT LIABILITIES 895,325 893,489
Creditors: Amounts Falling Due After More Than One Year 8 - (366 )
PROVISIONS FOR LIABILITIES
Provisions For Charges (22,904 ) (22,904 )
NET ASSETS 872,421 870,219
CAPITAL AND RESERVES
Called up share capital 9 10,000 10,000
Revaluation reserve 10 840,849 840,849
Profit and Loss Account 21,572 19,370
SHAREHOLDERS' FUNDS 872,421 870,219
Page 1
Page 2
For the year ending 31 October 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Anthony Harrison
Director
Mrs Susan King
Director
21/04/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
H. & M. (Farmers) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01079458 . The registered office is Middle Rixdale Farm, Luton, Chudleigh, Devon, TQ13 0BW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold N/A
Plant & Machinery 25% Reducing Balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 November 2024 925,000 1,137 926,137
As at 31 October 2025 925,000 1,137 926,137
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 November 2024 - 954 954
Provided during the period - 46 46
As at 31 October 2025 - 1,000 1,000
Net Book Value
As at 31 October 2025 925,000 137 925,137
As at 1 November 2024 925,000 183 925,183
5. Stocks
2025 2024
£ £
Closing Livestock 9,405 5,175
Closing gas oil - 670
9,405 5,845
6. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income - 1,000
Other debtors 2,000 2,000
2,000 3,000
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 596 542
Directors' loan accounts 41,248 41,222
41,844 41,764
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Accruals and deferred income - 366
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10,000 10,000
Page 4
Page 5
10. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 November 2024 840,849 19,370
Profit for the year and total comprehensive income - 2,202
As at 31 October 2025 840,849 21,572
Page 5