Registration number:
Feltham's Farm Ltd
for the Year Ended 31 October 2025
Feltham's Farm Ltd
Contents
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Company Information |
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Director's Report |
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Accountants' Report |
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Profit and Loss Account |
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Statement of Comprehensive Income |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Unaudited Financial Statements |
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iXBRL Detailed Profit and Loss Account |
Feltham's Farm Ltd
Company Information
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Director |
Mrs Penelope Nagle |
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Company secretary |
Mr Marcus Fergusson |
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Registered office |
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Accountants |
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Feltham's Farm Ltd
Director's Report for the Year Ended 31 October 2025
The director presents her report and the financial statements for the year ended 31 October 2025.
Incorporation
The company was incorporated on
Director of the company
The director who held office during the year was as follows:
Principal activity
The principal activity of the company is Growing of crops combined with farming of animals (mixed farming) and cheese making
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Feltham's Farm Ltd
for the Year Ended 31 October 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Feltham's Farm Ltd for the year ended 31 October 2025 as set out on pages 4 to 15 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.
This report is made solely to the Board of Directors of Feltham's Farm Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Feltham's Farm Ltd and state those matters that we have agreed to state to the Board of Directors of Feltham's Farm Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Feltham's Farm Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Feltham's Farm Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Feltham's Farm Ltd. You consider that Feltham's Farm Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Feltham's Farm Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Chartered Accountant
City Road
London
EC1V 2NX
Feltham's Farm Ltd
Profit and Loss Account for the Year Ended 31 October 2025
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Note |
2025 |
2024 |
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Turnover |
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Cost of sales |
( |
( |
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Gross profit |
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Administrative expenses |
( |
( |
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Operating loss |
( |
( |
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Loss before tax |
( |
( |
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Tax on loss |
- |
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Loss for the financial year |
( |
( |
The above results were derived from continuing operations.
The company has no recognised gains or losses for the year other than the results above.
Feltham's Farm Ltd
Statement of Comprehensive Income for the Year Ended 31 October 2025
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2025 |
2024 |
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Loss for the year |
( |
( |
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Total comprehensive income for the year |
( |
( |
Feltham's Farm Ltd
(Registration number: 09280528)
Balance Sheet as at 31 October 2025
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Note |
2025 |
2024 |
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Fixed assets |
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Intangible assets |
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Tangible assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
2 |
2 |
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Retained earnings |
(808,758) |
(717,485) |
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Shareholders' deficit |
(808,756) |
(717,483) |
For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.
Approved and authorised by the
Feltham's Farm Ltd
(Registration number: 09280528)
Balance Sheet as at 31 October 2025
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Feltham's Farm Ltd
Statement of Changes in Equity for the Year Ended 31 October 2025
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Share capital |
Retained earnings |
Total |
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At 1 November 2024 |
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( |
( |
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Loss for the year |
- |
( |
( |
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At 31 October 2025 |
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( |
( |
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Share capital |
Retained earnings |
Total |
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At 1 November 2023 |
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( |
( |
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Loss for the year |
- |
( |
( |
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At 31 October 2024 |
2 |
(717,485) |
(717,483) |
Feltham's Farm Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025
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General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Feltham's Farm Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Property Improvements |
5% straight line basis |
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Furniture, fittings and Equipment |
25% reducing balance basis |
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Motor Vehicles |
25% reducing balance basis |
Intangible assets
Separately acquired trademarks and licences are shown at historical cost.
Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.
Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.
Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
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Asset class |
Amortisation method and rate |
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Copyrights |
written off straight line over 20 years |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Feltham's Farm Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
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Loss before tax |
Arrived at after charging/(crediting)
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2025 |
2024 |
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Depreciation expense |
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Amortisation expense |
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Feltham's Farm Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025
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Intangible assets |
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Trademarks, patents and licenses |
Total |
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Cost or valuation |
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At 1 November 2024 |
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At 31 October 2025 |
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Amortisation |
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At 1 November 2024 |
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Amortisation charge |
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At 31 October 2025 |
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Carrying amount |
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At 31 October 2025 |
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At 31 October 2024 |
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The aggregate amount of research and development expenditure recognised as an expense during the period is £
Feltham's Farm Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025
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Tangible assets |
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Land and buildings |
Furniture, fittings and equipment |
Motor vehicles |
Total |
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Cost or valuation |
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At 1 November 2024 |
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Additions |
- |
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Disposals |
- |
( |
( |
( |
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At 31 October 2025 |
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Depreciation |
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At 1 November 2024 |
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Charge for the year |
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Eliminated on disposal |
- |
( |
( |
( |
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At 31 October 2025 |
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Carrying amount |
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At 31 October 2025 |
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At 31 October 2024 |
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Included within the net book value of land and buildings above is £690,712 (2024 - £740,579) in respect of long leasehold land and buildings.
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Stocks |
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2025 |
2024 |
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Other inventories |
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Debtors |
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Current |
2025 |
2024 |
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Trade debtors |
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Other debtors |
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Feltham's Farm Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025
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Creditors |
Creditors: amounts falling due within one year
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2025 |
2024 |
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Due within one year |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Share capital |
Allotted, called up and fully paid shares
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2025 |
2024 |
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No. |
£ |
No. |
£ |
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2 |
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2 |
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Related party transactions |
Feltham's Farm Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025
Director's remuneration
The director's remuneration for the year was as follows:
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2025 |
2024 |
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Remuneration |
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Contributions paid to money purchase schemes |
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27,393 |
22,152 |
Feltham's Farm Ltd
iXBRL Detailed Profit and Loss Account for the Year Ended 31 October 2025
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2025 |
2024 |
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Turnover/revenue |
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Cost of sales |
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Opening other inventories |
( |
( |
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Purchase of raw materials and consumables |
( |
( |
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Closing other inventories |
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Property repairs and maintenance |
- |
( |
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Company contributions to money purchase plans, directors |
- |
( |
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Subcontractor costs |
( |
( |
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Gross profit |
86,354 |
83,398 |
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Distribution costs |
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Administrative expenses |
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Audit and accountancy other services |
( |
( |
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Advertising, promotions and marketing costs |
( |
( |
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Client entertaining costs |
- |
( |
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Other repairs and maintenance costs |
( |
( |
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Cleaning costs |
( |
( |
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Depreciation of fixed assets |
( |
( |
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Amortisation of intangible assets |
( |
( |
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Vehicle costs |
- |
( |
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Wages and salaries excluding directors |
( |
( |
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Pension costs defined contribution schemes excluding directors |
( |
( |
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Staff costs excluding directors |
( |
( |
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Salaries and fees, directors |
( |
( |
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Company contributions to money purchase plans, directors |
( |
- |
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Staff costs, directors |
( |
( |
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Travel and subsistence |
( |
( |
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Legal and professional costs |
( |
( |
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Bad debts and impairment losses |
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- |
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Insurance costs |
( |
( |
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IT and computing |
( |
( |
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Telecommunications |
( |
( |
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Printing, postage and stationery |
( |
( |
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Research and development |
( |
( |
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Subscriptions |
( |
( |
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Other costs |
( |
( |
Feltham's Farm Ltd
iXBRL Detailed Profit and Loss Account for the Year Ended 31 October 2025
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2025 |
2024 |
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Other operating income |
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Other items |
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Loss on ordinary activities before taxation |
( |
( |
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Tax on profit or loss on ordinary activities |
- |
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Loss for the financial year |
( |
( |