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Registered number: 09591103
New Barn Farm (Dorset) Ltd
ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
Prepared By:
Willow Accounting & Consultancy
47a Commercial Road
Ashley Cross
Poole
Dorset
BH14 0HU

New Barn Farm (Dorset) Ltd

ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
DIRECTORS
Lewis Matthews
REGISTERED OFFICE
New Barn Farm
Knowlton
Wimborne
Dorset
BH21 5AE
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09591103
ACCOUNTANTS
Willow Accounting & Consultancy
47a Commercial Road
Ashley Cross
Poole
Dorset
BH14 0HU

New Barn Farm (Dorset) Ltd

ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
CONTENTS |  |
|  | Page
Directors' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

New Barn Farm (Dorset) Ltd

BALANCE SHEET AT 28 February 2025
|  |  |  |  |  | 2025 |  |  |  | 2024
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Tangible assets |  | 3&4 |  |  |  | 877,871 |  |  |  | 1,422,693
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Stock |  | 5 |  | 513,056 |  |  |  | 421,231 |  |
Debtors |  | 6 |  | 2,027,037 |  |  |  | 2,122,146 |  |
Current Asset Investments |  | 7 |  | 500 |  |  |  | 500 |  |
Cash at bank and in hand |  |  |  | 29 |  |  |  | 40 |  |
|  |  |  | 2,540,622 |  |  |  | 2,543,917 |  |
CREDITORS: Amounts falling due within one year |  | 8 |  | 4,700,605 |  |  |  | 4,491,420 |  |
NET CURRENT LIABILITIES |  |  |  |  |  | (2,159,983) |  |  |  | (1,947,503)
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | (1,282,112) |  |  |  | (524,810)
CREDITORS: Amounts falling due after more than one year |  | 9 |  |  |  | 39,334 |  |  |  | 54,452
PROVISIONS FOR LIABILITIES AND CHARGES |  | 10 |  |  |  | 160,847 |  |  |  | 168,202
NET LIABILITIES |  |  |  |  |  | (1,482,293) |  |  |  | (747,464)
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 11 |  |  |  | 100 |  |  |  | 100
Revaluation reserve |  | 12 |  |  |  | 544,667 |  |  |  | 200,118
Profit and loss account |  |  |  |  |  | (2,027,060) |  |  |  | (947,682)
SHAREHOLDERS' FUNDS |  |  |  |  |  | (1,482,293) |  |  |  | (747,464)
For the year ending 28 February 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 9 June 2026 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Lewis Matthews |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

New Barn Farm (Dorset) Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1b. Going Concern
The company has made a loss during the period and has a deficiency of assets at the period end of £1,482,293. The company is dependant upon the continued support of its director and external lenders, who have confirmed their support over the next 12 months, in order that it can meet its day to day working capital requirements.

1c. Depreciation |  |
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant And Machinery |  | 25%
Commercial Vehicles |  | 25%
Fixtures And Fittings |  | 25%
Equipment |  | 25%

1d. Investment Properties
Investment properties are included in the financial statements at fair value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.

1e. Stocks
Stocks, which consist of livestock, are stated at the lower of cost and estimated selling price less costs to sell (net realisable value). Cost represents acquisition cost plus any directly associated costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
Work in progress represents unbilled costs and associated overheads incurred in the development of sites on behalf of third parties and is stated at the lower of cost and net realisable value.

New Barn Farm (Dorset) Ltd

1f. Group Accounts
These financial statements present information about the company as an individual entity and not about its group. The company and its subsidiaries comprise a small-sized group and have therefore taken advantage of the exemption from preparing consolidated financial statements provided by Section 399 of the Companies Act 2006.

2. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 3 |  | 3

3. TANGIBLE FIXED ASSETS |  |  |  |  |  |  |  |  |  |
|  | Plant and |  | Commercial |  | Fixtures |  |  |  |
|  | Machinery |  | Vehicles |  | and Fittings |  | Equipment |  | Total
|  | £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |  |
At 29 February 2024 |  | 212,286 |  | 23,984 |  | 1,694 |  | 9,970 |  | 247,934
Additions |  | 8,946 |  | - |  | - |  | - |  | 8,946
Disposals |  | - |  | (14,995) |  | - |  | - |  | (14,995)
At 28 February 2025 |  | 221,232 |  | 8,989 |  | 1,694 |  | 9,970 |  | 241,885
Depreciation |  |  |  |  |  |  |  |  |  |
At 29 February 2024 |  | 87,449 |  | 14,969 |  | 1,039 |  | 7,348 |  | 110,805
Disposals |  | - |  | (12,532) |  | - |  | - |  | (12,532)
For the year |  | 33,446 |  | 1,638 |  | 164 |  | 656 |  | 35,904
At 28 February 2025 |  | 120,895 |  | 4,075 |  | 1,203 |  | 8,004 |  | 134,177
Net Book Amounts |  |  |  |  |  |  |  |  |  |
At 28 February 2025 |  | 100,337 |  | 4,914 |  | 491 |  | 1,966 |  | 107,708
At 28 February 2024 |  | 124,837 |  | 9,015 |  | 655 |  | 2,622 |  | 137,129
Included in plant and machinery is an asset held under a hire purchase contract, the net book value of which amounts to £41,906 at 28th February 2025. Depreciation of £13,969 has been charged against this asset in the year.

New Barn Farm (Dorset) Ltd

4. INVESTMENT PROPERTIES |  |  |  |
|  | Investment |  |
|  | Properties |  | Total
|  | £ |  | £
Fair value |  |  |  |
At 29 February 2024 |  | 1,285,564 |  | 1,285,564
Additions |  | 5,935 |  | 5,935
Disposals |  | (521,336) |  | (521,336)
At 28 February 2025 |  | 770,163 |  | 770,163
The director has provided fair value estimates for the investment property as at 28 February 2025.

5. STOCK |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Stock comprises: |  |  |  |  |  |
Stock |  |  |  | 37,036 |  | 118,498
Work in progress |  |  |  | 476,020 |  | 302,733
|  |  |  | 513,056 |  | 421,231

6. DEBTORS |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
Trade debtors |  |  |  | 1,260 |  | -
VAT |  |  |  | 10,564 |  | -
Other debtors |  |  |  | 91,073 |  | 114,190
Amounts due from group companies |  |  |  | 1,924,140 |  | 2,007,956
|  |  |  | 2,027,037 |  | 2,122,146

7. CURRENT ASSET INVESTMENTS |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Investments in subsidiaries |  |  |  | 500 |  | 500
|  |  |  | 500 |  | 500

New Barn Farm (Dorset) Ltd

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
VAT |  |  |  | - |  | 3,724
PAYE control |  |  |  | 87,477 |  | 116,972
Bank Loan |  |  |  | 51,771 |  | 51,771
Loans (secured) |  |  |  | 2,115,693 |  | 2,715,537
Hire purchase |  |  |  | 13,908 |  | 11,627
Trade creditors |  |  |  | 174,252 |  | 234,328
Other creditors |  |  |  | 2,248,925 |  | 1,353,882
Accruals |  |  |  | 8,579 |  | 3,579
|  |  |  | 4,700,605 |  | 4,491,420

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Hire purchase |  |  |  | 39,334 |  | 54,452
|  |  |  | 39,334 |  | 54,452

10. PROVISIONS FOR LIABILITIES |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Deferred taxation |  |  |  | 160,847 |  | 168,202
|  |  |  | 160,847 |  | 168,202

11. SHARE CAPITAL |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
100 Ordinary shares of £1 each |  |  |  | 100 |  | 100
|  |  |  | 100 |  | 100

New Barn Farm (Dorset) Ltd

12. REVALUATION RESERVE |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Revaluation reserve |  |  |  | 544,667 |  | 200,118
|  |  |  | 544,667 |  | 200,118
This is a non-distributable reserve arising on the movement in fair value of the investment property.

13. CONTROLLING PARTY
The ultimate controlling party is Mr L Matthews, by virtue of his 100% holding of the issued voting share capital of the