Company registration number 03815770 (England and Wales)
LONDON FARMERS' MARKETS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
LONDON FARMERS' MARKETS LIMITED
CONTENTS
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 6
LONDON FARMERS' MARKETS LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2025
30 November 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
3,663
4,020
Current assets
Debtors
4
60,130
4,523
Cash at bank and in hand
786,736
950,013
846,866
954,536
Creditors: amounts falling due within one year
5
(329,133)
(377,650)
Net current assets
517,733
576,886
Total assets less current liabilities
521,396
580,906
Provisions for liabilities
(916)
(810)
Net assets
520,480
580,096
Capital and reserves
Called up share capital
6
120
120
Share premium account
80,605
80,605
Capital redemption reserve
4
4
Profit and loss reserves
439,751
499,367
Total equity
520,480
580,096

LONDON FARMERS' MARKETS LIMITED
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2025
30 November 2025
- 2 -

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 4 June 2026 and are signed on its behalf by:
Mr S Hargrave
Director
Company registration number 03815770 (England and Wales)
LONDON FARMERS' MARKETS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 3 -
1
Accounting policies
Company information

London Farmers' Markets Limited is a private company limited by shares incorporated in England and Wales. The registered office is 11 O'Donnell Court, Brunswick Centre, London, United Kingdom, WC1N 1NY.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

1.2
Turnover

Turnover is measured at the fair value of the consideration received or receivable for the sale of goods and the rendering of services in the normal course of business, and is shown net of discounts and VAT.

Rendering of services

Revenue arises from the provision of management services.

Revenue is recognised proportionally over the performance of the service contract, by reference to the stage of completion of the transaction at the end of the reporting period.

1.3
Tangible fixed assets

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

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% reducing balance
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

LONDON FARMERS' MARKETS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Financial instruments
Basic financial assets

Short term debtors are measured at transaction price less any provision for impairment. Loans receivable are measured initially at fair value, net of transaction costs and are subsequently carried at amortised costs using the effective interest method, less any provision for impairment.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Short term creditors are measured at transaction price. Other financial liabilities, including bank loans and other loans, are measured initially at fair value, net of transaction costs and are subsequently carried at amortised costs using the effective interest method.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

1.9
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
6
5
LONDON FARMERS' MARKETS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 5 -
3
Tangible fixed assets
Fixtures and fittings
Motor vehicles
Total
£
£
£
Cost
At 1 December 2024
21,482
29,989
51,471
Additions
650
-
0
650
At 30 November 2025
22,132
29,989
52,121
Depreciation and impairment
At 1 December 2024
19,329
28,122
47,451
Depreciation charged in the year
540
467
1,007
At 30 November 2025
19,869
28,589
48,458
Carrying amount
At 30 November 2025
2,263
1,400
3,663
At 30 November 2024
2,153
1,867
4,020
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
34,837
-
0
Other debtors
25,293
4,523
60,130
4,523
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
8,311
3,030
Corporation tax
180,324
201,084
Other taxation and social security
110,965
134,384
Other creditors
29,533
39,152
329,133
377,650
LONDON FARMERS' MARKETS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 6 -
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
9,756 Ordinary shares of 1p each
9,756
9,756
98
98
2,244 Ordinary B shares of 1p each
2,244
2,244
22
22
12,000
12,000
120
120
2025-11-30 2024-12-01 false false false 04 June 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr S Hargrave Mr I H Smith Mr M R Handley 03815770 2024-12-01 2025-11-30 03815770 2025-11-30 03815770 2024-11-30 03815770 core:FurnitureFittings 2025-11-30 03815770 core:MotorVehicles 2025-11-30 03815770 core:FurnitureFittings 2024-11-30 03815770 core:MotorVehicles 2024-11-30 03815770 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-30 03815770 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 03815770 core:WithinOneYear 2025-11-30 03815770 core:WithinOneYear 2024-11-30 03815770 core:CurrentFinancialInstruments 2025-11-30 03815770 core:CurrentFinancialInstruments 2024-11-30 03815770 core:ShareCapital 2025-11-30 03815770 core:ShareCapital 2024-11-30 03815770 core:SharePremium 2025-11-30 03815770 core:SharePremium 2024-11-30 03815770 core:CapitalRedemptionReserve 2025-11-30 03815770 core:CapitalRedemptionReserve 2024-11-30 03815770 core:RetainedEarningsAccumulatedLosses 2025-11-30 03815770 core:RetainedEarningsAccumulatedLosses 2024-11-30 03815770 core:ShareCapitalOrdinaryShareClass1 2025-11-30 03815770 core:ShareCapitalOrdinaryShareClass1 2024-11-30 03815770 core:ShareCapitalOrdinaryShareClass2 2025-11-30 03815770 core:ShareCapitalOrdinaryShareClass2 2024-11-30 03815770 core:ShareCapitalOrdinaryShares 2025-11-30 03815770 core:ShareCapitalOrdinaryShares 2024-11-30 03815770 bus:Director1 2024-12-01 2025-11-30 03815770 core:FurnitureFittings 2024-12-01 2025-11-30 03815770 core:MotorVehicles 2024-12-01 2025-11-30 03815770 2023-12-01 2024-11-30 03815770 core:FurnitureFittings 2024-11-30 03815770 core:MotorVehicles 2024-11-30 03815770 2024-11-30 03815770 bus:OrdinaryShareClass1 2024-12-01 2025-11-30 03815770 bus:OrdinaryShareClass2 2024-12-01 2025-11-30 03815770 bus:OrdinaryShareClass1 2025-11-30 03815770 bus:OrdinaryShareClass1 2024-11-30 03815770 bus:OrdinaryShareClass2 2025-11-30 03815770 bus:OrdinaryShareClass2 2024-11-30 03815770 bus:AllOrdinaryShares 2025-11-30 03815770 bus:AllOrdinaryShares 2024-11-30 03815770 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 03815770 bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 03815770 bus:FRS102 2024-12-01 2025-11-30 03815770 bus:AuditExemptWithAccountantsReport 2024-12-01 2025-11-30 03815770 bus:Director2 2024-12-01 2025-11-30 03815770 bus:Director3 2024-12-01 2025-11-30 03815770 bus:FullAccounts 2024-12-01 2025-11-30 xbrli:pure xbrli:shares iso4217:GBP