Farmpress Ltd - Filleted accounts


FARMPRESS LTD

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 NOVEMBER 2025



































Company Registration Number: 05633099

FARMPRESS LTD

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025


CONTENTS									PAGES



Company information									1

Balance sheet									2 to 3

Notes to the financial statements									4 to 8

FARMPRESS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2025


DIRECTORS

P N J Hill
Mrs J Hill


SECRETARY

Mrs J Hill


REGISTERED OFFICE

21 Jethro Tull Gardens
Crowmarsh Gifford
Nr Wallingford
Oxon
OX10 8DS


COMPANY REGISTRATION NUMBER

05633099 England and Wales

FARMPRESS LTD

BALANCE SHEET
AS AT 30 NOVEMBER 2025


	Notes	2025		2024
		£		£

FIXED ASSETS
Tangible assets	5		305		406

CURRENT ASSETS
Debtors	6	7,077		13,396
Cash at bank and in hand		7,934		7,411


		15,011		20,807

CREDITORS: Amounts falling due within one year	7	7,046		12,958
CREDITORS: Amounts falling due within one year


NET CURRENT ASSETS			7,965		7,849


TOTAL ASSETS LESS CURRENT LIABILITIES			8,270		8,255

Provisions for liabilities and charges			58		77


NET ASSETS			8,212		8,178


CAPITAL AND RESERVES
Called up share capital			10		10
Distributable profit and loss account			8,202		8,168


SHAREHOLDERS' FUNDS			8,212		8,178

FARMPRESS LTD

BALANCE SHEET
AS AT 30 NOVEMBER 2025


These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report.


Signed on behalf of the board of directors




P N J Hill						Mrs J Hill
Director						Director

Date approved by the board: 31 July 2026

FARMPRESS LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025


1	GENERAL INFORMATION

	Farmpress Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is:

	21 Jethro Tull Gardens
	Crowmarsh Gifford
	Nr Wallingford
	Oxon
	OX10 8DS

	The financial statements are presented in Sterling, which is the functional currency of the company.

2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of preparation of financial statements

	These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.

	Revenue recognition

	Turnover is measured at the fair value of consideration received or receivable. It is recognised in respect of journalism services as soon as there is a right to consideration and is determined by reference to the value of the work performed. Turnover is stated net of trade discounts and value added tax.

	The company recognises revenue when the amount of revenue can be measured reliably and when it is probable that future economic benefits will flow to the entity.


	Tangible fixed assets

	Fixed assets are carried at cost less accumulated depreciation and accumulated impairment losses.

	Depreciation has been provided at the following rate so as to write off the cost or valuation of assets less residual value of the assets over their estimated useful lives.

	Office equipment					Reducing balance basis at 25% per annum

	On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the profit and loss account, and included within administrative expenses.

FARMPRESS LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Financial Instruments

	A financial asset or financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

	The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

	Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through the profit and loss account.

	Basic financial assets and financial liabilities are initially recognised at transaction price and measured at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. They are subsequently carried at their amortised cost using the effective interest rate method, less any provision for impairment. If the effect of the time value of money is immaterial, they are measured at cost less impairment.

	Basic financial assets and liabilities which are measured at cost or amortised cost are reviewed for objective impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account immediately.

Any reversals of impairment are recognised in the profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset or liability which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.


	Financing transactions are measured at the present value of the future receipts discounted at a market rate of interest. They are subsequently measured at amortised costs using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

	Impairment of non-financial assets

	At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets (which is the higher of value in use and the fair value less cost to sell) is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the profit and loss account.

	If an impairment loss is subsequently reversed, the carrying amount of the asset, or group of related assets, is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset, or group of related assets, in prior periods. A reversal of an impairment loss is recognised immediately in the profit and loss account.

FARMPRESS LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Debtors

	Short term debtors are measured at transaction price, less any impairment.

	Creditors

	Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.

	Taxation

	Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.

	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 taxable profits.

	Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

	Current and deferred tax assets and liabilities are not discounted.

3	CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

	No significant accounting estimates and judgements have had to be made by the directors in preparing these financial statements.

4	EMPLOYEES

	The average number of persons employed by the company (including directors) during the year was:

		2025	2024
	Average number of employees	2	2

FARMPRESS LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025


5	TANGIBLE ASSETS
			Office equipment
			£
	Cost
	At 1 December 2024		5,214


	At 30 November 2025		5,214


	Accumulated depreciation and impairments
	At 1 December 2024		4,808

	Charge for year		101


	At 30 November 2025		4,909


	Net book value
	At 1 December 2024		406


	At 30 November 2025		305


6	DEBTORS
		2025	2024
		£	£
	Trade debtors	6,712	13,031
	Other debtors	365	365


		7,077	13,396


7	CREDITORS: Amounts falling due within one year
		2025	2024
		£	£
	Taxation and social security	3,533	9,093
	Accruals and deferred income	2,200	2,200
	Other creditors	1,313	1,665


		7,046	12,958

FARMPRESS LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025


8	RELATED PARTY TRANSACTIONS

	During the year, the following transactions with related parties took place:

	P N J Hill and Mrs J Hill
	Directors and shareholders		2025	2024
			£	£
	Advances to company	The directors have made advances to the company which are repayable on demand. No interest has been charged on these advances. At the year end, the company owed the directors the following amount:	1,313	1,665