Ty Cerrig Christmas Tree Farm Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08753080 (England and Wales)

TY CERRIG CHRISTMAS TREE FARM LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

S J Reynolds

Mrs H L Reynolds

C I J Reynolds

REGISTERED OFFICE:

Black House Farm

Beguildy

Knighton

Powys

LD7 1YU

REGISTERED NUMBER:

08753080 (England and Wales)

ACCOUNTANTS:

Davies Edwards & Co

Chartered Certified Accountants

West Lodge

Rainbow Street

Leominster

Herefordshire

HR6 8DQ

FIXED ASSETS

Tangible assets

4

27,361

31,472

CURRENT ASSETS

Stocks

52,508

53,958

Debtors

5

166,780

173,100

Cash at bank

55,561

2,336

274,849

229,394

CREDITORS

Amounts falling due within one year

6

53,306

33,427

NET CURRENT ASSETS

221,543

195,967

TOTAL ASSETS LESS CURRENT
LIABILITIES

248,904

227,439

PROVISIONS FOR LIABILITIES

3,115

3,665

NET ASSETS

245,789

223,774

CAPITAL AND RESERVES

Called up share capital

7

2

Retained earnings

8

245,787

223,772

SHAREHOLDERS' FUNDS

245,789

223,774

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 July 2026 and were signed on its behalf by:

S J Reynolds - Director

1.	STATUTORY INFORMATION

Ty Cerrig Christmas Tree Farm Ltd 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.	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.

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on reducing balance

Plant and machinery

-

15% on reducing balance

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 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

property

machinery

Totals

£

COST

At 1 November 2024

and 31 October 2025

29,477

55,768

85,245

DEPRECIATION

At 1 November 2024

17,294

36,479

53,773

Charge for year

1,218

2,893

4,111

At 31 October 2025

18,512

39,372

57,884

NET BOOK VALUE

At 31 October 2025

10,965

16,396

27,361

At 31 October 2024

12,183

19,289

31,472

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

17,845

Amounts owed by participating interests

148,436

154,547

Tax

-

245

Prepayments and accrued income

499

463

166,780

173,100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

11,573

13,927

Trade creditors

14,121

4,528

Tax

7,946

1,082

Social security and other taxes

-

10

Directors' current accounts

17,890

9,987

Accruals and deferred income

1,776

3,893

53,306

33,427

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

200

Ordinary

1p

2

8.

RESERVES

Retained

earnings

£

At 1 November 2024

223,772

Profit for the year

22,015

At 31 October 2025

245,787

9.	RELATED PARTY DISCLOSURES

S J Reynolds and H L Reynolds are also Directors of Ty Cerrig Woodland Retreats Ltd. Rent of £6,600 was paid to Ty Cerrig Woodland Retreats Ltd during the year. There was an intercompany loan, with a balance at 31st October 2025 of £31,474.84 owing to Ty Cerrig Christmas Tree Farm Ltd.

S J Reynolds also farms as a sole trader. No goods or services were supplied to this trade during the year to 31 October 2025.

Rent of £8,000 was paid to S J Reynolds during the year.

H L Reynolds and C I Reynolds also trade as a partnership. No goods and services were supplied to this trade during the year to 31 October 2025.

S J Reynolds and H L Reynolds are also Directors of Space Mobiles Ltd. There were no transactions with this company during the year. There is an intercompany loan, with a balance of £116,961 owed to Ty Cerrig Christmas Tree Farm Ltd at 31st October 2025.