REGISTERED NUMBER: 04947145 (England and Wales)

WOOD FARM LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

5

DIRECTORS:

N M Moor

Mrs D A Moor

SECRETARY:

N M Moor

REGISTERED OFFICE:

Woodfarm

Lowfields

Wellingore

Lincolnshire

LN5 0LP

REGISTERED NUMBER:

04947145 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

FIXED ASSETS

Tangible assets

4

362,911

352,996

CURRENT ASSETS

Debtors

5

12,944

30,015

Cash at bank

1,226

4,445

14,170

34,460

CREDITORS

Amounts falling due within one year

6

402,019

357,779

NET CURRENT LIABILITIES

(387,849

)

(323,319

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(24,938

)

29,677

PROVISIONS FOR LIABILITIES

10,818

16,136

NET (LIABILITIES)/ASSETS

(35,756

)

13,541

CAPITAL AND RESERVES

Called up share capital

7

300

300

Retained earnings

(36,056

)

13,241

SHAREHOLDERS' FUNDS

(35,756

)

13,541

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 2 July 2026 and were signed on its behalf by:

N M Moor - Director

Mrs D A Moor - Director

1.	STATUTORY INFORMATION

Wood 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sale of electricity and farming goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of goods and electricity provided to the grid.

Tangible fixed assets

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

Land and buildings

-

Land - Not depreciated

Plant and machinery etc

-

25% on reducing balance, 10% on cost and 4% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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.

Going concern

During the year to 31 October 2025, the company made a loss of £49,297 (2024: loss of £20,877) and at that date its liabilities exceeded its assets by £35,756 (2024: assets exceeded liabilities by £13,541). The company is reliant upon the ongoing support of its director. The director considers the going concern basis of accounting to be appropriate for the business and in these financial statements.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 November 2024

95,103

491,676

586,779

Additions

-

34,450

34,450

At 31 October 2025

95,103

526,126

621,229

DEPRECIATION

At 1 November 2024

-

233,783

233,783

Charge for year

-

24,535

24,535

At 31 October 2025

-

258,318

258,318

NET BOOK VALUE

At 31 October 2025

95,103

267,808

362,911

At 31 October 2024

95,103

257,893

352,996

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,412

6,251

Other debtors

9,532

23,764

12,944

30,015

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

8,001

9,181

Taxation and social security

-

4,356

Other creditors

394,018

344,242

402,019

357,779

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

300

Ordinary

£1

300

300