Rookery Farm Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03198413

Rookery Farm Limited

Unaudited financial statements

30 September 2025

Rookery Farm Limited

Statement of financial position

30 September 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	6		5,332,137		4,942,214

Current assets

Stocks		332,754	333,555
Debtors	7	221,357	108,708
Cash at bank and in hand		58,336	189,820
		---------	---------
		612,447	632,083

Creditors: Amounts falling due within one year	8	1,290,619		1,013,450
		-----------		-----------
Net current liabilities			678,172		381,367
			-----------		-----------
Total assets less current liabilities			4,653,965		4,560,847

Creditors: Amounts falling due after more than one year	9		807,466		856,821

Provisions	73,510	28,305
	-----------	-----------
Net assets	3,772,989	3,675,721
	-----------	-----------

Capital and reserves

Called up share capital	4,300	4,300
Share premium account	2,467,332	2,467,332
Other reserves	492,059	492,059
Profit and loss account	809,298	712,030
	-----------	-----------
Shareholders funds	3,772,989	3,675,721
	-----------	-----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Rookery Farm Limited

Statement of financial position (continued)

30 September 2025

These financial statements were approved by the board of directors and authorised for issue on 7 May 2026 , and are signed on behalf of the board by:

Mr Russell Ling	Mrs Maureen Ling
Director	Secretary

Company registration number: 03198413

Rookery Farm Limited

Notes to the financial statements

Year ended 30 September 2025

1. General information

The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is The Rookery, Wortham, Diss, Norfolk, IP22 1RB, UK.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

The turnover shown in the profit and loss account represents the amount of goods and services provided during the year together with the movement in value of crops in store, exclusive of Value Added Tax.

Income tax

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Storage Containers	-	1% straight line
Plant & Machinery	-	15% reducing balance
Office Equipment	-	25% reducing balance
Tractors and Vehciles	-	10% reducing balance

Freehold land is not depreciated. Improvements to property are depreciated at 15% reducing balance .

Stocks

Commodity stocks, livestock and cultivations are valued at the lower of cost and net realisable value by the directors, after making due allowance for obsolete and slow moving items. The valuation of crops in store, livestock and cultivations includes an element of depreciation.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of employees during the year was 6 (2024: 4 ).

5. Tax on profit

Major components of tax expense

	2025	2024
	£	£

Deferred tax:

Origination and reversal of timing differences	45,205	28,305
	-------	-------
Tax on profit	45,205	28,305
	-------	-------

6. Tangible assets

	Freehold property	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 October 2024	4,033,678	964,677	8,124	1,279,622	6,286,101
Additions	233,780	101,000	–	323,589	658,369
Disposals	–	( 64,280)	–	( 33,457)	( 97,737)
	-----------	-----------	------	-----------	-----------
At 30 September 2025	4,267,458	1,001,397	8,124	1,569,754	6,846,733
	-----------	-----------	------	-----------	-----------
Depreciation
At 1 October 2024	437,720	518,171	6,639	381,357	1,343,887
Charge for the year	37,157	72,437	371	106,958	216,923
Disposals	–	( 28,225)	–	( 17,989)	( 46,214)
	-----------	-----------	------	-----------	-----------
At 30 September 2025	474,877	562,383	7,010	470,326	1,514,596
	-----------	-----------	------	-----------	-----------
Carrying amount
At 30 September 2025	3,792,581	439,014	1,114	1,099,428	5,332,137
	-----------	-----------	------	-----------	-----------
At 30 September 2024	3,595,958	446,506	1,485	898,265	4,942,214
	-----------	-----------	------	-----------	-----------

7. Debtors

	2025	2024
	£	£
Trade debtors	185,369	74,927
Other debtors	35,988	33,781
	---------	---------
	221,357	108,708
	---------	---------

8. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	275,104	122,271
Trade creditors	136,228	76,094
Accruals and deferred income	20,686	42,807
Social security and other taxes	1,250	1,064
Shares classed as financial liabilities	600,000	600,000
Obligations under finance leases and hire purchase contracts	159,577	133,742
Director loan accounts	97,774	37,472
	-----------	-----------
	1,290,619	1,013,450
	-----------	-----------

The bank borrowings are secured on the assets of the company and the hire purchase agreements secured against the fixed assets to which they relate.

9. Creditors: Amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	313,575	333,077
Other creditors	493,891	523,744
	---------	---------
	807,466	856,821
	---------	---------

The bank borrowings are secured on the assets of the company and the hire purchase agreements secured against the fixed assets to which they relate.