Bluegate Hall Farms Limited
Unaudited Financial Statements
For the year ended 30 September 2025
Pages for filing with registrar
Company Registration No. 04071167 (England and Wales)
BLUEGATE HALL FARMS LIMITED
Bluegate Hall Farms Limited
CONTENTS
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 10
BLUEGATE HALL FARMS LIMITED
Bluegate Hall Farms Limited
The Accountants Report to the Board of Directors on the Unaudited Financial Statements of Bluegate Hall Farms Limited
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bluegate Hall Farms Limited for the year ended 30 September 2025 set out on the following pages from the company’s accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Bluegate Hall Farms Limited, as a body, in accordance with the terms of our engagement letter dated 14 March 2011. Our work has been undertaken solely to prepare for your approval the financial statements of Bluegate Hall Farms Limited. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bluegate Hall Farms Limited and Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Bluegate Hall Farms Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bluegate Hall Farms Limited. You consider that Bluegate Hall Farms Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bluegate Hall Farms Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Churchgate Accountants Limited
8 May 2026
The Accountants
18 Langton Place
Bury St Edmunds
Suffolk
IP33 1NE
BLUEGATE HALL FARMS LIMITED
Bluegate Hall Farms Limited
BALANCE SHEET
AS AT
30 SEPTEMBER 2025
30 September 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
5,718,958
5,873,071
Investment property
5
200,000
530,000
Investments
4
100
100
5,919,058
6,403,171
Current assets
Stocks
369,908
600,244
Debtors
6
4,656,598
4,105,783
Cash at bank and in hand
12,943
181,387
5,039,449
4,887,414
Creditors: amounts falling due within one year
7
(3,687,179)
(4,076,867)
Net current assets
1,352,270
810,547
Total assets less current liabilities
7,271,328
7,213,718
Creditors: amounts falling due after more than one year
8
(60,000)
(118,020)
Provisions for liabilities
(26,327)
(43,030)
Net assets
7,185,001
7,052,668
Capital and reserves
Called up share capital
9
792,000
792,000
Capital redemption reserve
198,000
198,000
Non-distributable profits reserve
10
146,624
400,059
Distributable profit and loss reserves
6,048,377
5,662,609
Total equity
7,185,001
7,052,668
BLUEGATE HALL FARMS LIMITED
Bluegate Hall Farms Limited
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2025
30 September 2025
- 3 -

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

T he 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 8 May 2026 and are signed on its behalf by:
N W Reed
Director
Company registration number 04071167 (England and Wales)
BLUEGATE HALL FARMS LIMITED
Bluegate Hall Farms Limited
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 4 -
1
Accounting policies
Company information

Bluegate Hall Farms Limited is a private company limited by shares incorporated in England and Wales. The registered office is Bluegate Hall Farm, Great Bardfield, Braintree, Essex, CM7 4PZ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings Freehold
0 - 4% Straight line
Plant and machinery
15 - 33% Reducing balance
Fixtures, fittings & equipment
10 - 25% Reducing balance
Motor vehicles
25% Reducing balance
Tractors
15% Reducing balance
Combines
15% Reducing balance
BLUEGATE HALL FARMS LIMITED
Bluegate Hall Farms Limited
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 5 -

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

BLUEGATE HALL FARMS LIMITED
Bluegate Hall Farms Limited
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 6 -
1.7
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.8
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

BLUEGATE HALL FARMS LIMITED
Bluegate Hall Farms Limited
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 7 -
1.10
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

1.11
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.12
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.13
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.14
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

BLUEGATE HALL FARMS LIMITED
Bluegate Hall Farms Limited
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 8 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 15 (2024 - 16).

2025
2024
Number
Number
Total
15
16
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Tractors
Combines
Total
£
£
£
£
£
Cost
At 1 October 2024
5,479,298
1,550,105
711,175
225,000
7,965,578
Additions
-
0
2,750
-
0
-
0
2,750
At 30 September 2025
5,479,298
1,552,855
711,175
225,000
7,968,328
Depreciation and impairment
At 1 October 2024
460,853
1,233,522
345,257
52,875
2,092,507
Depreciation charged in the year
15,375
49,710
65,959
25,819
156,863
At 30 September 2025
476,228
1,283,232
411,216
78,694
2,249,370
Carrying amount
At 30 September 2025
5,003,070
269,623
299,959
146,306
5,718,958
At 30 September 2024
5,018,445
316,583
365,918
172,125
5,873,071
4
Fixed asset investments
2025
2024
£
£
Other investments other than loans
100
100

5
Investment property
2025
£
Fair value
At 1 October 2024
530,000
Disposals
(330,000)
At 30 September 2025
200,000
BLUEGATE HALL FARMS LIMITED
Bluegate Hall Farms Limited
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 9 -
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
228,338
65,145
Corporation tax recoverable
23
23
Other debtors
4,428,237
4,040,615
4,656,598
4,105,783
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
1,800,000
2,400,000
Trade creditors
295,648
230,839
Other creditors
1,591,531
1,446,028
3,687,179
4,076,867
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
60,000
118,020
9
Called up share capital
2025
2024
£
£
Ordinary share capital
Issued and fully paid
370,289 Ordinary A shares of £1 each
370,289
370,289
39,600 Ordinary B shares of £1 each
39,600
39,600
114,037 Ordinary C shares of £1 each
114,037
114,037
114,037 Ordinary D shares of £1 each
114,037
114,037
114,037 Ordinary E shares of £1 each
114,037
114,037
40,000 Ordinary F shares of £1 each
40,000
40,000
792,000
792,000
BLUEGATE HALL FARMS LIMITED
Bluegate Hall Farms Limited
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 10 -
10
Non-distributable profits reserve
2025
2024
£
£
At the beginning of the year
400,059
400,059
Non distributable profits in the year
(253,435)
-
At the end of the year
146,624
400,059
2025-09-30 2024-10-01 false false false 08 May 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity N W Reed D M Reed 04071167 2024-10-01 2025-09-30 04071167 2025-09-30 04071167 2024-09-30 04071167 core:LandBuildings 2025-09-30 04071167 core:OtherPropertyPlantEquipment 2025-09-30 04071167 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2025-09-30 04071167 core:Non-standardPPEClass2ComponentTotalPropertyPlantEquipment 2025-09-30 04071167 core:LandBuildings 2024-09-30 04071167 core:OtherPropertyPlantEquipment 2024-09-30 04071167 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2024-09-30 04071167 core:Non-standardPPEClass2ComponentTotalPropertyPlantEquipment 2024-09-30 04071167 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-30 04071167 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 04071167 core:Non-currentFinancialInstruments core:AfterOneYear 2025-09-30 04071167 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 04071167 core:CurrentFinancialInstruments 2025-09-30 04071167 core:CurrentFinancialInstruments 2024-09-30 04071167 core:ShareCapital 2025-09-30 04071167 core:ShareCapital 2024-09-30 04071167 core:CapitalRedemptionReserve 2025-09-30 04071167 core:CapitalRedemptionReserve 2024-09-30 04071167 core:FurtherSpecificReserve1ComponentTotalEquity 2025-09-30 04071167 core:FurtherSpecificReserve1ComponentTotalEquity 2024-09-30 04071167 core:RetainedEarningsAccumulatedLosses 2025-09-30 04071167 core:RetainedEarningsAccumulatedLosses 2024-09-30 04071167 core:ShareCapitalOrdinaryShareClass1 2025-09-30 04071167 core:ShareCapitalOrdinaryShareClass1 2024-09-30 04071167 core:ShareCapitalOrdinaryShareClass2 2025-09-30 04071167 core:ShareCapitalOrdinaryShareClass2 2024-09-30 04071167 core:ShareCapitalOrdinaryShareClass3 2025-09-30 04071167 core:ShareCapitalOrdinaryShareClass3 2024-09-30 04071167 core:ShareCapitalOrdinaryShareClass4 2025-09-30 04071167 core:ShareCapitalOrdinaryShareClass4 2024-09-30 04071167 core:ShareCapitalOrdinaryShareClass5 2025-09-30 04071167 core:ShareCapitalOrdinaryShareClass5 2024-09-30 04071167 core:ShareCapitalOrdinaryShares 2025-09-30 04071167 core:ShareCapitalOrdinaryShares 2024-09-30 04071167 bus:Director1 2024-10-01 2025-09-30 04071167 core:LandBuildings core:OwnedOrFreeholdAssets 2024-10-01 2025-09-30 04071167 core:PlantMachinery 2024-10-01 2025-09-30 04071167 core:FurnitureFittings 2024-10-01 2025-09-30 04071167 core:MotorVehicles 2024-10-01 2025-09-30 04071167 2023-10-01 2024-09-30 04071167 core:LandBuildings 2024-09-30 04071167 core:OtherPropertyPlantEquipment 2024-09-30 04071167 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2024-09-30 04071167 core:Non-standardPPEClass2ComponentTotalPropertyPlantEquipment 2024-09-30 04071167 2024-09-30 04071167 core:LandBuildings 2024-10-01 2025-09-30 04071167 core:OtherPropertyPlantEquipment 2024-10-01 2025-09-30 04071167 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2024-10-01 2025-09-30 04071167 core:Non-standardPPEClass2ComponentTotalPropertyPlantEquipment 2024-10-01 2025-09-30 04071167 core:Non-currentFinancialInstruments 2025-09-30 04071167 core:Non-currentFinancialInstruments 2024-09-30 04071167 bus:OrdinaryShareClass1 2025-09-30 04071167 bus:OrdinaryShareClass2 2025-09-30 04071167 bus:OrdinaryShareClass3 2025-09-30 04071167 bus:OrdinaryShareClass4 2025-09-30 04071167 bus:OrdinaryShareClass5 2025-09-30 04071167 bus:OrdinaryShareClass1 2024-10-01 2025-09-30 04071167 bus:OrdinaryShareClass2 2024-10-01 2025-09-30 04071167 bus:OrdinaryShareClass3 2024-10-01 2025-09-30 04071167 bus:OrdinaryShareClass4 2024-10-01 2025-09-30 04071167 bus:OrdinaryShareClass5 2024-10-01 2025-09-30 04071167 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 04071167 bus:FRS102 2024-10-01 2025-09-30 04071167 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 04071167 bus:Director2 2024-10-01 2025-09-30 04071167 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 04071167 bus:FullAccounts 2024-10-01 2025-09-30 xbrli:pure xbrli:shares iso4217:GBP