| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 1 June 2024 to 30 May 2025 |
| for |
| Arclid Farm Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 1 June 2024 to 30 May 2025 |
| for |
| Arclid Farm Limited |
| Arclid Farm Limited (Registered number: 07201753) |
| Contents of the Financial Statements |
| for the Period 1 June 2024 to 30 May 2025 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 3 |
| Arclid Farm Limited (Registered number: 07201753) |
| Balance Sheet |
| 30 May 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation reserve | 9 |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| 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. |
| Arclid Farm Limited (Registered number: 07201753) |
| Balance Sheet - continued |
| 30 May 2025 |
| The financial statements were approved by the director and authorised for issue on |
| Arclid Farm Limited (Registered number: 07201753) |
| Notes to the Financial Statements |
| for the Period 1 June 2024 to 30 May 2025 |
| 1. | STATUTORY INFORMATION |
| Arclid Farm Limited is a |
| Registered number: |
| Registered office: |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Revenue is recognised as the company becomes entitled to consideration for the goods and services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced on service contracts. |
| Goodwill |
| Goodwill is valued at the amount upon acquisition of the business in 2010. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Freehold property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| 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 period comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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. |
| Arclid Farm Limited (Registered number: 07201753) |
| Notes to the Financial Statements - continued |
| for the Period 1 June 2024 to 30 May 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| 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 period 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. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| 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 period was |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 June 2024 |
| and 30 May 2025 |
| NET BOOK VALUE |
| At 30 May 2025 |
| At 31 May 2024 |
| Arclid Farm Limited (Registered number: 07201753) |
| Notes to the Financial Statements - continued |
| for the Period 1 June 2024 to 30 May 2025 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | Plant and | and | Motor |
| property | machinery | fittings | vehicles | Totals |
| £ | £ | £ | £ | £ |
| COST OR VALUATION |
| At 1 June 2024 |
| Additions |
| Revaluations |
| At 30 May 2025 |
| DEPRECIATION |
| At 1 June 2024 |
| Charge for period |
| Revaluation adjustments | ( |
) | ( |
) |
| At 30 May 2025 |
| NET BOOK VALUE |
| At 30 May 2025 |
| At 31 May 2024 |
| Cost or valuation at 30 May 2025 is represented by: |
| Fixtures |
| Freehold | Plant and | and | Motor |
| property | machinery | fittings | vehicles | Totals |
| £ | £ | £ | £ | £ |
| Valuation in 2022 | 1,111,481 | - | - | - | 1,111,481 |
| Valuation in 2025 | 530,000 | - | - | - | 530,000 |
| Cost | 858,519 | 54,203 | 5,855 | 6,127 | 924,704 |
| 2,500,000 | 54,203 | 5,855 | 6,127 | 2,566,185 |
| Freehold property has been revalued as at the 31st May 2025 by the directors. |
| The directors consider this to be a fair value based on the current market. |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Arclid Farm Limited (Registered number: 07201753) |
| Notes to the Financial Statements - continued |
| for the Period 1 June 2024 to 30 May 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| Amounts owed to group undertakings |
| Other creditors |
| 9. | RESERVES |
| Revaluation |
| reserve |
| £ |
| At 1 June 2024 |
| Revaluation of freehold prop | 530,000 |
| Reversal of Depreciation | 55,401 |
| Historic valuation adjustment | 164,051 |
| Deferred tax on revaluation | (249,643 | ) |
| At 30 May 2025 |
| 10. | ULTIMATE CONTROLLING PARTY |
| The controlling party is Davenport Stables Holdings Limited. |