REGISTERED NUMBER: 00829884 (England and Wales)

FAIRACRES FARM LIMITED

Unaudited Financial Statements

for the Year Ended 30 September 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

P G L Mortimer

Secretary:

H M Mortimer

Registered office:

Fairacres Farm

Oakley Green

Dedworth Road

Windsor

Berkshire

SL4 4LN

Registered number:

00829884 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

1,145,028

776,705

Current assets

Stocks

404,945

399,533

Debtors

5

70,318

29,767

Cash in hand

3,879,915

4,333,056

4,355,178

4,762,356

Creditors

Amounts falling due within one year

6

44,758

110,284

Net current assets

4,310,420

4,652,072

Total assets less current liabilities

5,455,448

5,428,777

Provisions for liabilities

7

58,938

23,096

Net assets

5,396,510

5,405,681

Capital and reserves

Called up share capital

8

5,000

5,000

Retained earnings

9

5,391,510

5,400,681

Shareholders' funds

5,396,510

5,405,681

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

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

The director acknowledges his 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 19 May 2026 and were signed by:

P G L Mortimer - Director

1.	Statutory information

Fairacres 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.

Going concern

At the time of approving the financial statements the director has reasonable expectations that the company has adequate resources to continue in operational existence for the foreseeable future. This view has been given due consideration and is to the best knowledge of the director based on the current circumstances and with the day to day working capital requirements being met by the continued support of the director. For this reason the director continues to adopt the going concern basis of accounting in preparing the financial statements.

Revenue recognition

Turnover comprises agricultural income derived from trading, exclusive of VAT, which is recognised when goods are invoiced. Other income consists of rental income on a receivable basis and subsidy income which is recognised on receipt.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold property

-

2% straight line

Plant and machinery

-

15-20% reducing balance

Motor vehicles

-

20% reducing balance

Stocks

Stock is valued at its actual realisable value based on subsequent sales made.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

3.	Employees and directors

The average number of employees during the year was 5 (2024 - 5 ) .

4.	Tangible fixed assets

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

Cost

At 1 October 2024

751,731

308,416

353,659

1,413,806

Additions

228,408

41,328

160,450

430,186

At 30 September 2025

980,139

349,744

514,109

1,843,992

Depreciation

At 1 October 2024

63,580

279,012

294,509

637,101

Charge for year

7,282

14,007

40,574

61,863

At 30 September 2025

70,862

293,019

335,083

698,964

Net book value

At 30 September 2025

909,277

56,725

179,026

1,145,028

At 30 September 2024

688,151

29,404

59,150

776,705

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

33,818

14,691

Other debtors

36,500

15,076

70,318

29,767

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

29,667

32,867

Taxation and social security

-

60,231

Other creditors

15,091

17,186

44,758

110,284

7.	Provisions for liabilities

2025

2024

£

£

Deferred tax

Accelerated capital allowances

58,938

23,096

Deferred tax

£

Balance at 1 October 2024

23,096

Charge to Income Statement during year

35,842

Balance at 30 September 2025

58,938

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

5,000

Ordinary

1

5,000

5,000

9.

Reserves

Retained

earnings

£

At 1 October 2024

5,400,681

Deficit for the year

(9,171

)

At 30 September 2025

5,391,510

10.	Related party disclosures

The company was under the control of P G L Mortimer throughout the current and previous year. P G L Mortimer is the managing director and majority shareholder.

During the year the company paid rent of £35,000 (2024: £31,000) to the director for use of his land. Dividends totalling £Nil(2024: £25,000) were paid to the director during the year.