Company Registration Number 12284595 (England and Wales)
THE HOPE FARM PROJECT LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
THE HOPE FARM PROJECT LTD
BALANCE SHEET
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
£
£
£
£
Fixed assets
30,841
35,761
Current assets
31,813
18,930
Prepayments and accrued income
540
650
Creditors: amounts falling due within one year
(46,121)
(54,966)
Net current liabilities
(13,768)
(35,386)
Total assets less current liabilities
17,073
375
Net assets
17,073
375
Capital and reserves
17,073
375
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
At 31 October 2025, the company owed the director £44,237 (2024: £42,773). The balance is interest-free and repayable on demand.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2025
2024
Number
Number
Employees
6
6
The Hope Farm Project Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Lentells Limited, Ash House, Cook Way, Bindon Road, Taunton, Somerset, TA2 6BJ.
For the year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
THE HOPE FARM PROJECT LTD
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2025
31 October 2025
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 3 July 2026
S Woollett
Director
Company registration number 12284595 (England and Wales)
THE HOPE FARM PROJECT LTD
DETAILED PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2025
2025
2025
2024
2024
£
£
£
£
Turnover
Livestock sales
11,450
10,035
Meat sales
2,117
3,054
Own consumption
200
350
Services
83,496
47,412
Grants
4,507
-
101,770
60,851
Other income
Sundry income
651
-
651
-
Cost of raw materials and consumables
Opening livestock
8,003
6,026
Closing livestock
(8,360)
(8,003)
Livestock purchase
4,810
4,802
Feed
6,702
7,079
Veterinary fees and medicines
3,697
1,836
Slaughter/butchery costs
252
1,214
Haulage
211
92
Sub-contract labour
1,734
135
Other direct costs
1,533
1,244
(18,582)
(14,425)
Staff costs
Wages and salaries
26,122
18,647
Staff pension costs defined contribution
65
-
Directors' remuneration
12,570
12,570
(38,757)
(31,217)
Depreciation and other amounts written off assets
Depreciation
2,789
4,117
(2,789)
(4,117)
Other charges
Rent of land and buildings
2,400
1,400
Staff training
1,031
1,419
Use of home as office
312
312
Property repairs and maintenance
8,982
1,199
Insurance
2,638
1,558
Equipment repairs
3,884
5,157
Subscriptions
489
421
Legal and professional fees
3,047
1,510
Accountancy
2,236
2,020
Entertaining
172
115
Sundry expenses
404
333
(25,595)
(15,444)
Profit/(loss) for the year
16,698
(4,352)