Registration number: 05627919

Overdale Farms Limited

(Registration number: 05627919)

Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	3	775,799	802,862
Investment property	4	400,000	400,000
		1,175,799	1,202,862
Current assets
Debtors	5	6,627	16,210
Cash at bank and in hand		62,502	185,178
		69,129	201,388
Creditors: Amounts falling due within one year	6	(11,267)	(2,800)
Net current assets		57,862	198,588
Total assets less current liabilities		1,233,661	1,401,450
Creditors: Amounts falling due after more than one year	6	(1,518,815)	(1,694,116)
Provisions for liabilities		(6,094)	-
Net liabilities		(291,248)	(292,666)
Capital and reserves
Called up share capital		1	1
Revaluation reserve		83,201	83,201
Retained earnings		(374,450)	(375,868)
Shareholders' deficit		(291,248)	(292,666)

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Director's Report and the Profit and Loss Account has been taken.

Overdale Farms Limited

(Registration number: 05627919)

Balance Sheet as at 30 November 2025 (continued)

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the director on 21 April 2026
 

.........................................

A J B Smith

Director

Overdale Farms Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1	Accounting policies

Statutory information

Overdale Farms Limited is a private company, limited by shares, domiciled in England and Wales, company number 05627919. The registered office is at Pegasus House, 463a Glossop Road Sheffield, S10 2QD.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Going concern

The financial statements have been prepared on a going concern basis based on the directors continued support of the company.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Overdale Farms Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025 (continued)

1	Accounting policies (continued)

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Leasehold improvements	2% straight line
Plant and machinery	20-25% straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

3	Tangible assets

	Land and buildings £	Plant and machinery £	Total £
Cost or valuation
At 1 December 2024	1,152,223	87,597	1,239,820
Disposals	-	(87,597)	(87,597)
At 30 November 2025	1,152,223	-	1,152,223
Depreciation
At 1 December 2024	353,380	83,578	436,958
Charge for the year	23,044	1,187	24,231
Eliminated on disposal	-	(84,765)	(84,765)
At 30 November 2025	376,424	-	376,424
Carrying amount
At 30 November 2025	775,799	-	775,799
At 30 November 2024	798,843	4,019	802,862

Included within the net book value of land and buildings above is £775,799 (2024 - £798,843) in respect of leasehold land and buildings.
 

Overdale Farms Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025 (continued)

4	Investment properties

	2025 £
At 1 December 2024	400,000
At 30 November 2025	400,000