IRIS Accounts Production v26.1.10.61 09480131 director 1.4.24 31.3.25 31.3.25 0 0 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 09480131 2024-03-31 09480131 2025-03-31 09480131 2024-04-01 2025-03-31 09480131 2023-03-31 09480131 2023-04-01 2024-03-31 09480131 2024-03-31 09480131 ns15:EnglandWales 2024-04-01 2025-03-31 09480131 ns14:PoundSterling 2024-04-01 2025-03-31 09480131 ns10:Director1 2024-04-01 2025-03-31 09480131 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09480131 ns10:SmallEntities 2024-04-01 2025-03-31 09480131 ns10:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 09480131 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 09480131 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09480131 ns10:FullAccounts 2024-04-01 2025-03-31 09480131 ns10:RegisteredOffice 2024-04-01 2025-03-31 09480131 ns5:CurrentFinancialInstruments 2025-03-31 09480131 ns5:CurrentFinancialInstruments 2024-03-31 09480131 ns5:Non-currentFinancialInstruments 2025-03-31 09480131 ns5:Non-currentFinancialInstruments 2024-03-31 09480131 ns5:ShareCapital 2025-03-31 09480131 ns5:ShareCapital 2024-03-31 09480131 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 09480131 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 09480131 ns5:LandBuildings 2024-03-31 09480131 ns5:LandBuildings 2024-04-01 2025-03-31 09480131 ns5:LandBuildings 2025-03-31 09480131 ns5:LandBuildings 2024-03-31 09480131 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 09480131 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 09480131 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-03-31 09480131 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2024-03-31 09480131 ns5:Secured 2025-03-31 09480131 ns5:Secured 2024-03-31

REGISTERED NUMBER: 09480131 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

GOBIANS FARM LIMITED

GOBIANS FARM LIMITED (REGISTERED NUMBER: 09480131)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Chartered Accountants' Report | 7 |

GOBIANS FARM LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTOR: | Ms R J D Mcevoy

| REGISTERED OFFICE: | Gobions Farm

| Church Street

| Billericay

| CM11 2TR

| REGISTERED NUMBER: | 09480131 (England and Wales)

| ACCOUNTANTS: | D.R.E. & Co. Limited

| Chartered Accountants

| 7 Lower Brook Street

| Oswestry

| Shropshire

| SY11 2HG

GOBIANS FARM LIMITED (REGISTERED NUMBER: 09480131)

BALANCE SHEET

31 MARCH 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | - |  | 247,760 |  |

CURRENT ASSETS

Stocks | - |  | 475,000 |  |

Debtors | 6 | - |  | 148,822 |  |

Cash at bank | 24,634 |  | 1,896 |  |

24,634 |  | 625,718 |  |

CREDITORS

Amounts falling due within one year | 7 | 145,764 |  | 928,650 |  |

NET CURRENT LIABILITIES | (121,130 | ) | (302,932 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (121,130 | ) | (55,172 | ) |

CREDITORS

Amounts falling due after more than one year | 8 | 23,601 |  | 29,117 |  |

NET LIABILITIES | (144,731 | ) | (84,289 | ) |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (144,831 | ) | (84,389 | ) |

(144,731 | ) | (84,289 | ) |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

GOBIANS FARM LIMITED (REGISTERED NUMBER: 09480131)

BALANCE SHEET - continued

31 MARCH 2025

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 2 June 2026 and were signed by:

Ms R J D Mcevoy - Director

GOBIANS FARM LIMITED (REGISTERED NUMBER: 09480131)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Gobians 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. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements are presented in Sterling (£) rounded to the nearest £1.

| These financial statements are for the individual entity.

| Going Concern

| The accounts have been prepared on a going concern basis. At the balance sheet date, the company had net liabilities of £144,731 (2024: £84,289). Shareholders will continue to financially support the company for the next 12 months from the date of these financial statements.

| Turnover and rental income

| Turnover and rents received are 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.

| Freehold property - not provided

| Stocks

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

GOBIANS FARM LIMITED (REGISTERED NUMBER: 09480131)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

3. | ACCOUNTING POLICIES - continued

| Financial instruments

| The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

| For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

| For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

| Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an 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.

| 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.

4. | EMPLOYEES AND DIRECTORS

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

5. | TANGIBLE FIXED ASSETS

| Land and

| buildings

£ |

| COST

| At 1 April 2024 | 247,760 |  |

| Disposals | (247,760 | ) |

| At 31 March 2025 | - |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  |

| At 31 March 2024 | 247,760 |  |

| The director considers the current valuation reasonable and inline with market value.

GOBIANS FARM LIMITED (REGISTERED NUMBER: 09480131)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Other debtors | - |  | 148,822 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans and overdrafts | 6,120 |  | 688,650 |  |

| Trade creditors | 75,001 |  | 75,000 |  |

| Tax | 7,340 |  | 6,858 |  |

| Other creditors | 100 |  | - |  |

| Directors' current accounts | 52,403 |  | 153,342 |  |

| Accrued expenses | 4,800 |  | 4,800 |  |

145,764 |  | 928,650 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans - 1-2 years | 23,601 |  | 29,117 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans | 29,721 |  | 717,767 |  |

| The banks loans in the previous year include a fixed charge and negative pledges which are secured against the Freehold property dated 10 December 2015, 53 Peninsula Cottages dated 25 June 2019 and 6 Gobians Farm dated 25 June 2021. These properties have been sold in the current year and the bank loans repaid.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR

ON THE UNAUDITED FINANCIAL STATEMENTS OF

GOBIANS FARM LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Gobians Farm Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Gobians Farm Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Gobians Farm Limited and state those matters that we have agreed to state to the director of Gobians Farm Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Gobians Farm Limited and its director for our work or for this report.

It is your duty to ensure that Gobians Farm 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 loss of Gobians Farm Limited. You consider that Gobians Farm 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 Gobians Farm 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.

D.R.E. & Co. Limited

Chartered Accountants

7 Lower Brook Street

Oswestry

Shropshire

SY11 2HG

2 June 2026