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REGISTERED NUMBER: 12709743 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

LIME KILN FARM 2020 LTD

LIME KILN FARM 2020 LTD (REGISTERED NUMBER: 12709743)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025




Page

Balance Sheet 1

Notes to the Financial Statements 2


LIME KILN FARM 2020 LTD (REGISTERED NUMBER: 12709743)

BALANCE SHEET
31 JULY 2025

31.7.25 31.7.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,361,828 803,737

CURRENT ASSETS
Debtors 5 17,195 2,164
Cash at bank 26,096 87,634
43,291 89,798
CREDITORS
Amounts falling due within one year 6 40,640 24,647
NET CURRENT ASSETS 2,651 65,151
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,364,479

868,888

CREDITORS
Amounts falling due after more than one
year

7

(1,267,716

)

(825,084

)

PROVISIONS FOR LIABILITIES (19,211 ) (6,986 )
NET ASSETS 77,552 36,818

CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 43,634 43,634
Retained earnings 33,818 (6,916 )
SHAREHOLDERS' FUNDS 77,552 36,818

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by:





Mr Sean Gerald Knowles - Director


LIME KILN FARM 2020 LTD (REGISTERED NUMBER: 12709743)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025

1. STATUTORY INFORMATION

Lime Kiln Farm 2020 Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12709743

Registered office: School Farm
Wood Dalling
Norwich
Norfolk
NR11 6SN

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 as modified by the revaluation of certain assets.

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

Land is not depreciated. Depreciation on other assets is provided at the following rates in order to write off each asset over the estimated useful life or, if held under finance lease, over the lease term whichever is the shorter.

Land and buildings - 20% on reducing balance
Plant and machinery etc - 20% on reducing balance and 10% on reducing balance
Motor Vehicles - 4 years reducing balance

Any revaluation increase in the carrying amount is recognised in other comprehensive income and included in the revaluation reserve in equity, or to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit and loss, in which case the increase is credited to profit or loss to the extent of the decrease previously expended. Decreases that offset previous increases of the same asset are charged in other comprehensive income and debited against revaluation reserve in equity; decreases exceeding the balance in revaluation reserve relating to an asset are recognised in profit or loss.

On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in comprehensive income.

Government grants
Government grants are recognised when it is reasonable to expect that the grants will be received and that all the related conditions will be met, usually on submission of a valid claim for payment.

Government grants in respect of capital expenditure are credited to a deferred income account and released to profit over the expected useful lives of the relevant assets by equal annual instalments.

Grants of a revenue nature are credited to income so as to match them with the expenditure to which they relate.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


LIME KILN FARM 2020 LTD (REGISTERED NUMBER: 12709743)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 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 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 August 2024 470,983 430,904 901,887
Additions 490,252 137,948 628,200
Disposals - (36,000 ) (36,000 )
At 31 July 2025 961,235 532,852 1,494,087
DEPRECIATION
At 1 August 2024 - 98,150 98,150
Charge for year - 44,669 44,669
Eliminated on disposal - (10,560 ) (10,560 )
At 31 July 2025 - 132,259 132,259
NET BOOK VALUE
At 31 July 2025 961,235 400,593 1,361,828
At 31 July 2024 470,983 332,754 803,737

Cost or valuation at 31 July 2025 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2025 961,235 - 961,235
Cost - 532,852 532,852
961,235 532,852 1,494,087

LIME KILN FARM 2020 LTD (REGISTERED NUMBER: 12709743)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2025

4. TANGIBLE FIXED ASSETS - continued

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

31.7.25 31.7.24
£    £   
Cost 903,056 412,804

Value of land in freehold land and buildings 821,251 351,251

Freehold land and buildings were valued on an open market basis on 31 July 2025 by the company directors .

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and
machinery
etc
£   
COST OR VALUATION
Additions 101,598
At 31 July 2025 101,598
DEPRECIATION
Charge for year 1,693
At 31 July 2025 1,693
NET BOOK VALUE
At 31 July 2025 99,905

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.25 31.7.24
£    £   
Other debtors 17,195 2,164

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.25 31.7.24
£    £   
Bank loans and overdrafts 38,840 15,094
Taxation and social security - 7,753
Other creditors 1,800 1,800
40,640 24,647

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.25 31.7.24
£    £   
Bank loans 234,265 200,835
Other creditors 1,033,451 624,249
1,267,716 825,084

LIME KILN FARM 2020 LTD (REGISTERED NUMBER: 12709743)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2025

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.25 31.7.24
value: £    £   
41 Ordinary A £1 41 41
41 Ordinary B £1 41 41
6 Ordinary C £1 6 6
6 Ordinary D £1 6 6
6 Ordinary E £1 6 6
100 100

9. RESERVES
Revaluation
reserve
£   
At 1 August 2024
and 31 July 2025 43,634