REGISTERED NUMBER: 04554945 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Spring Farm Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R W Snooks

J E Snooks

SECRETARY:

H Snooks

REGISTERED OFFICE:

The Mills

Canal Street

Derby

DE1 2RJ

REGISTERED NUMBER:

04554945 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Owned

Tangible assets

4

-

186

Investment property

5

1,000,000

1,000,000

Right-of-use

Tangible assets

4, 9

30,145

-

1,030,145

1,000,186

CURRENT ASSETS

Debtors

6

1,129

-

Cash at bank

43,312

26,154

44,441

26,154

CREDITORS

Amounts falling due within one year

7

33,899

44,477

NET CURRENT ASSETS/(LIABILITIES)

10,542

(18,323

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,040,687

981,863

CREDITORS

Amounts falling due after more than one year

8

(14,652

)

-

PROVISIONS FOR LIABILITIES

10

(56,604

)

(54,790

)

NET ASSETS

969,431

927,073

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

11

457,186

457,186

Retained earnings

11

512,145

469,787

SHAREHOLDERS' FUNDS

969,431

927,073

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2026 and were signed on its behalf by:

J E Snooks - Director

1.	STATUTORY INFORMATION

Spring Farm Investments 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.

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.

The company has early adopted the amendments to FRS 102 (Periodic Review 2024) with effect from 1 November 2024, prior to their mandatory effective date of 1 January 2026.

Turnover

Turnover represents rental income receivable, excluding value added tax and is recognised in the period in which the property is occupied.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

over the period of the lease

Computer equipment

-

33% on cost

Investment property

Investment property is not depreciated but is revalued annually at its fair value with any surplus or

deficit reflected in the profit and loss account. Any aggregate surplus or deficit arising from changes in fair value is transferred to a fair value reserve.

Leases

Leases are recognised as finance leases. The lease liability is initially recognised at the present value of the lease payments which have not yet been made and subsequently measured under the amortised cost method. The initial cost of the right-of-use asset comprises the amount of the initial measurement of the lease liability, lease payments made prior to the lease commencement date, initial direct costs and the estimated costs of removing or dismantling the underlying asset per the conditions of the contract.

Where ownership of the right-of-use asset transfers to the lessee at the end of the lease term, the right-of-use asset is depreciated over the asset’s remaining useful life. If ownership of the right-of-use asset does not transfer to the lessee at the end of the lease term, depreciation is charged over the shorter of the useful life of the right-of-use asset and the lease term.

Deferred tax

Provision is made at current rates for taxation deferred in respect of all material timing differences, including provisions made for potential tax arising on assets which have been revalued.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 November 2024

743

-

3,820

4,563

Additions

-

33,913

-

33,913

At 31 October 2025

743

33,913

3,820

38,476

DEPRECIATION

At 1 November 2024

557

-

3,820

4,377

Charge for year

186

3,768

-

3,954

At 31 October 2025

743

3,768

3,820

8,331

NET BOOK VALUE

At 31 October 2025

-

30,145

-

30,145

At 31 October 2024

186

-

-

186

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

1,000,000

NET BOOK VALUE

At 31 October 2025

1,000,000

At 31 October 2024

1,000,000

Fair value at 31 October 2025 is represented by:

£

Valuation in 2025

1,000,000

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

2025

2024

£

£

Cost

488,024

488,024

Investment property was valued on a fair value basis on 31 October 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Prepayments

1,129

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Leases (see note 9)

8,236

-

Trade creditors

16

20

Tax

10,891

6,844

Social security and other taxes

6,602

6,789

Directors' current accounts

-

23,922

Accrued expenses and deferred income

8,154

6,902

33,899

44,477

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Leases (see note 9)

14,652

-

9.

LEASING

Right-of-use assets

Tangible fixed assets

2025

2024

£

£

COST OR VALUATION

Additions

33,913

-

DEPRECIATION

Charge for year

3,768

-

NET BOOK VALUE

30,145

-

Lease liabilities

Minimum lease payments fall due as follows:

2025

2024

£

£

Gross obligations repayable:

Within one year

9,134

-

Between one and five years

15,224

-

24,358

-

Finance charges repayable:

Within one year

898

-

Between one and five years

572

-

1,470

-

Net obligations repayable:

Within one year

8,236

-

Between one and five years

14,652

-

22,888

-

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Finance lease assets

1,814

-

Property revaluation

54,790

54,790

56,604

54,790

Deferred

tax

£

Balance at 1 November 2024

54,790

Provided during year

1,814

Balance at 31 October 2025

56,604

11.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 November 2024

469,787

457,186

926,973

Profit for the year

42,358

42,358

At 31 October 2025

512,145

457,186

969,331