Charton Manor Farm Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03683978 (England and Wales)

Charton Manor Farm Limited

Unaudited Financial Statements for the Year Ended 29 April 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R T Goldsworthy

Mrs N P Goldsworthy

SECRETARY:

Mrs N P Goldsworthy

REGISTERED OFFICE:

The White House

2 Meadrow

Godalming

Surrey

GU7 3HN

REGISTERED NUMBER:

03683978 (England and Wales)

ACCOUNTANTS:

Hughes Waddell

The White House

2 Meadrow

Godalming

Surrey

GU7 3HN

FIXED ASSETS

Tangible assets

4

715,090

772,864

CURRENT ASSETS

Stock

12,647

Debtors

5

336,072

368,994

Cash at bank

9,049

8,022

357,768

389,663

CREDITORS

Amounts falling due within one year

6

305,939

390,094

NET CURRENT ASSETS/(LIABILITIES)

51,829

(431

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

766,919

772,433

CREDITORS

Amounts falling due after more than one
year

7

(268,249

)

(296,755

)

PROVISIONS FOR LIABILITIES

(26,226

)

(33,574

)

NET ASSETS

472,444

442,104

CAPITAL AND RESERVES

Called up share capital

300

Revaluation reserve

441,750

Retained earnings

30,394

54

SHAREHOLDERS' FUNDS

472,444

442,104

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 April 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.

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 28 April 2026 and were signed on its behalf by:

R T Goldsworthy - Director

1.	STATUTORY INFORMATION

Charton Manor 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover and revenue recognition

Turnover represents goods and services provided in the year net of value added tax. Where goods are sold on a sale or return basis, turnover represents the best estimate of income earned during the year. Any accrued income is added to turnover.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

not provided

Plant and machinery etc

-

25% on reducing balance

Stock

Stocks are valued at the lower of cost and net realisable value.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 30 April 2024

475,000

567,552

1,042,552

Additions

-

31,204

Disposals

-

(175,930

)

(175,930

)

At 29 April 2025

475,000

422,826

897,826

DEPRECIATION

At 30 April 2024

-

269,688

Charge for year

-

38,872

Eliminated on disposal

-

(125,824

)

(125,824

)

At 29 April 2025

-

182,736

NET BOOK VALUE

At 29 April 2025

475,000

240,090

715,090

At 29 April 2024

475,000

297,864

772,864

Land and building cost and valuation at 29 April 2024 is represented by:

Valuation in 2018

441,750

Cost

33,250

475,00

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and

machinery

etc

£

COST

At 30 April 2024

266,261

Additions

27,000

Transfer to ownership

(108,000

)

At 29 April 2025

185,261

DEPRECIATION

At 30 April 2024

129,485

Charge for year

31,536

Transfer to ownership

(70,367

)

At 29 April 2025

90,654

NET BOOK VALUE

At 29 April 2025

94,607

At 29 April 2024

136,776

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.4.25

29.4.24

£

Trade debtors

15,175

39,895

Other debtors

320,897

329,099

336,072

368,994

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.4.25

29.4.24

£

Bank loans and overdrafts

32,498

31,068

Trade creditors

10,989

25,300

Taxation and social security

78,940

86,740

Other creditors

183,512

246,986

305,939

390,094

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

29.4.25

29.4.24

£

Bank loans

256,793

265,580

Other creditors

11,456

31,175

268,249

296,755

29.4.25

29.4.24

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

208,073

216,860

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 29 April 2025 and the period ended 29 April 2024:

29.4.25

29.4.24

£

R T Goldsworthy

Balance outstanding at start of year

237,001

179,441

Amounts advanced

-

57,560

Amounts repaid

(5,513

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

231,488

237,001

Interest has been charged on the loan to the director at HMRC's official rate.