Company No: 11284763 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	4	11,888		1,935
		11,888		1,935
Current assets
Debtors	5	47,107		29,216
Cash at bank and in hand	6	56,178		49,482
		103,285		78,698
Creditors: amounts falling due within one year	7	( 34,445)		( 23,296)
Net current assets		68,840		55,402
Total assets less current liabilities		80,728		57,337
Net assets		80,728		57,337
Capital and reserves
Called-up share capital	8	2		2
Profit and loss account		80,726		57,335
Total shareholders' funds		80,728		57,337

For the financial year ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Home Farm Asset Management Limited (registered number: 11284763) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

R C Marsh Director

06 August 2026

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Home Farm Asset Management Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Harleyford Golf Club Marlow Ltd, Henley Road, Marlow, SL7 2SP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	not depreciated
Computer equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		1

3. Dividends on equity shares

	2026		2025
	£		£
Amounts recognised as distributions to equity holders in the financial year:
Final dividend for the financial year ended 31 March 2026 of £Nil (2025: £1,000.00) per ordinary share	0		1,000

4. Tangible assets

	Land and buildings		Computer equipment		Total
	£		£		£
Cost
At 01 April 2025	0		8,693		8,693
Additions	8,418		3,241		11,659
At 31 March 2026	8,418		11,934		20,352
Accumulated depreciation
At 01 April 2025	0		6,758		6,758
Charge for the financial year	0		1,706		1,706
At 31 March 2026	0		8,464		8,464
Net book value
At 31 March 2026	8,418		3,470		11,888
At 31 March 2025	0		1,935		1,935

5. Debtors

	2026		2025
	£		£
Trade debtors	12,266		0
Prepayments	7,625		0
Other debtors	27,216		29,216
	47,107		29,216

6. Cash and cash equivalents

	2026		2025
	£		£
Cash at bank and in hand	56,178		49,482

7. Creditors: amounts falling due within one year

	2026		2025
	£		£
Directors loans (note 9)	3,902		3,902
Corporation tax	15,442		5,404
Accruals and deferred income	15,101		13,990
	34,445		23,296

8. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each	2		2

9. Related party transactions

The Company has availed of the exemption provided in FRS 102 Section 33 Related Party Disclosures not to disclose transactions entered into with fellow group companies that are wholly owned within the group of companies of which the Company is a wholly owned member.

Transactions with the entity’s directors (or members of its governing body)

Amounts owed to directors

	2026		2025
	£		£
Amounts owed to R Marsh	3,382		3,382
Amounts owed to A Marsh	520		520
	3,902		3,902