REGISTERED NUMBER: 01111707 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2025

FOR

MORTIMERS FARM LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs C G Piper

SECRETARY:

Mrs K MacGilvray Maclean

REGISTERED OFFICE:

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

REGISTERED NUMBER:

01111707 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

4

2,113,355

2,031,184

Investments

5

50

50

2,113,405

2,031,234

CURRENT ASSETS

Stocks

90,776

80,793

Debtors

6

36,699

63,744

Cash at bank and in hand

410,856

690,734

538,331

835,271

CREDITORS

Amounts falling due within one year

7

7,278

132,301

NET CURRENT ASSETS

531,053

702,970

TOTAL ASSETS LESS CURRENT LIABILITIES

2,644,458

2,734,204

CREDITORS

Amounts falling due after more than one year

8

509,641

511,976

NET ASSETS

2,134,817

2,222,228

CAPITAL AND RESERVES

Called up share capital

9

1,662,286

1,662,286

Retained earnings

472,531

559,942

SHAREHOLDERS' FUNDS

2,134,817

2,222,228

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 13th May 2026 and were signed by:

Mrs C G Piper - Director

1.	STATUTORY INFORMATION

Mortimers 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.

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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant, machinery & fittings

-

10% on reducing balance

Motor vehicles

-

10% on reducing balance

Computer equipment

-

33% on cost

Freehold land and buildings are not depreciated as their value is considered to be well in excess of the current book value.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant,

Freehold

machinery

Motor

Computer

property

& fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st December 2024

1,827,701

224,749

3,500

2,190

2,058,140

Additions

77,942

24,237

-

-

102,179

At 30th November 2025

1,905,643

248,986

3,500

2,190

2,160,319

DEPRECIATION

At 1st December 2024

-

22,940

1,826

2,190

26,956

Charge for year

-

19,841

167

-

20,008

At 30th November 2025

-

42,781

1,993

2,190

46,964

NET BOOK VALUE

At 30th November 2025

1,905,643

206,205

1,507

-

2,113,355

At 30th November 2024

1,827,701

201,809

1,674

-

2,031,184

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st December 2024

and 30th November 2025

50

NET BOOK VALUE

At 30th November 2025

50

At 30th November 2024

50

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

29,509

Other debtors

36,699

34,235

36,699

63,744

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,183

34,184

Taxation and social security

-

89,633

Other creditors

4,095

8,484

7,278

132,301

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

509,641

511,976

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

437,286

Ordinary

1

437,286

437,286

725,000

Preference

1

725,000

725,000

500,000

A Preference

1

500,000

500,000

1,662,286

1,662,286

The preference shares are redeemable at the option of the company.

Preference shareholders are entitled to a noncumulative dividend of 3% which is due for payment on 30th June each year. The preference shareholders have waived their right to the dividend in the current and preceding year.

Preference shares have priority over other classes of shares on winding up or other repayment of capital. The preference shares do not confer any other rights to the shareholders.

The A preference shares are irredeemable, have priority over other classes of shares on winding up or other repayment of capital. The preference shares do not confer any other rights to the shareholders.