Lower Claverham Farm Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04620758 (England and Wales)

LOWER CLAVERHAM FARM LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

Mr P E Rossi

Mrs R E Rossi

Mr A J Rossi

SECRETARY:

Mrs R E Rossi

REGISTERED OFFICE:

20 Eversley Road

Bexhill-on-Sea

East Sussex

TN40 1HE

REGISTERED NUMBER:

04620758 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

20 Eversley Road

Bexhill-on-Sea

East Sussex

TN40 1HE

FIXED ASSETS

Tangible assets

4

321,056

283,470

Investments

5

256,149

219,945

Investment property

6

260,000

837,205

763,415

CURRENT ASSETS

Stocks

29,860

Debtors

7

100,786

127,243

Cash at bank

590,785

161,803

721,431

318,906

CREDITORS

Amounts falling due within one year

8

175,159

139,477

NET CURRENT ASSETS

546,272

179,429

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,383,477

942,844

PROVISIONS FOR LIABILITIES

79,107

62,304

NET ASSETS

1,304,370

880,540

CAPITAL AND RESERVES

Called up share capital

9

200

Fair value reserve

32,900

13,009

Retained earnings

1,271,270

867,331

SHAREHOLDERS' FUNDS

1,304,370

880,540

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 16 July 2026 and were signed on its behalf by:

Mrs R E Rossi - Director

1.	STATUTORY INFORMATION

Lower Claverham 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

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.

Long leasehold

-

10% on reducing balance

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

10% on reducing balance

INVESTMENT PROPERTY

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

STOCKS

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

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Long

Plant and

Motor

Computer

leasehold

machinery

vehicles

equipment

Totals

£

COST

At 1 January 2025

43,120

776,297

74,245

6,669

900,331

Additions

-

97,350

-

97,350

Disposals

-

(65,450

)

-

(65,450

)

At 31 December 2025

43,120

808,197

74,245

6,669

932,231

DEPRECIATION

At 1 January 2025

33,576

541,203

37,242

4,840

616,861

Charge for year

955

31,459

9,252

185

41,851

Eliminated on disposal

-

(47,537

)

-

(47,537

)

At 31 December 2025

34,531

525,125

46,494

5,025

611,175

NET BOOK VALUE

At 31 December 2025

8,589

283,072

27,751

1,644

321,056

At 31 December 2024

9,544

235,094

37,003

1,829

283,470

5.	FIXED ASSET INVESTMENTS

Other

investmen

£

COST OR VALUATION

At 1 January 2025

219,945

Revaluations

36,204

At 31 December 2025

256,149

NET BOOK VALUE

At 31 December 2025

256,149

At 31 December 2024

219,945

Cost or valuation at 31 December 2025 is represented by:

Other

investmen

£

Valuation in 2016

137,916

Valuation in 2017

26,701

Valuation in 2018

(12,133

)

Valuation in 2019

(62,773

)

Valuation in 2020

5,434

Valuation in 2021

(71,984

)

Valuation in 2022

(4,871

)

Valuation in 2023

1,371

Valuation in 2024

200,284

Valuation in 2025

36,204

256,149

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

260,000

NET BOOK VALUE

At 31 December 2025

260,000

At 31 December 2024

260,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2016

249,751

Valuation in 2017

249

Valuation in 2018

10,000

260,000

If the investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

Cost

249,751

Investment property was valued on an open market basis on 31 December 2023 by the directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

88,663

117,747

VAT

1,608

-

Prepayments

10,515

9,496

100,786

127,243

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

10,371

26,548

Tax

133,413

19,602

VAT

-

1,205

Other creditors

25,047

85,793

Directors' current accounts

828

829

Accrued expenses

5,500

175,159

139,477

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary 'A' shares

£1

100

Ordinary 'B' shares

£1

100

200

The company is under the control of the owners of the ordinary 'A' shares. The ordinary 'B' shares do not carry any voting rights and are not entitled to any surplus on winding-up.

10.	OTHER FINANCIAL COMMITMENTS

The company has provided a charge over the investment property and has given a guarantee in the form of a floating charge in support of third party finance provided to the directors.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

Mrs R E Rossi and Mr P E Rossi

Balance outstanding at start of year

(829

)

(242

)

Amounts advanced

-

68,502

Amounts repaid

-

(69,089

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(829

)

(829

)

12.	RELATED PARTY DISCLOSURES

As referred to in Note 10, the company has provided security in respect of third party finance provided to the directors during the year.