Achentoul Farms Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 02101441

Achentoul Farms Limited

Filleted Unaudited Financial Statements

28 November 2025

Achentoul Farms Limited

Financial Statements

Year ended 28 November 2025

Contents	Pages

Chartered accountants' report to the board of directors on the preparation of the unaudited statutory financial statements of Achentoul Farms Limited.	1

Statement of financial position	2 to 3

Notes to the financial statements	4 to 8

Achentoul Farms Limited

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Achentoul Farms Limited.

Year ended 28 November 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 Achentoul Farms Limited for the year ended 28 November 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance. This report is made solely to the Board of Directors of Achentoul Farms Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Achentoul Farms Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Achentoul Farms Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Achentoul Farms Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Achentoul Farms Limited. You consider that Achentoul Farms Limited 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 financial statements of Achentoul Farms Limited. 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 financial statements.

RITSONS Chartered Accountants

103 High Street ELGIN IV30 1EB

24 August 2026

Achentoul Farms Limited

Statement of Financial Position

28 November 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5	426,133	472,980
Investments	6	680,165	691,911
		------------	------------
		1,106,298	1,164,891

Current assets

Stocks		110,307	71,453
Debtors	7	15,599	4,685
Cash at bank and in hand		381,740	337,173
		---------	---------
		507,646	413,311

Creditors: amounts falling due within one year	8	188,505		58,610
		---------		---------
Net current assets			319,141	354,701
			------------	------------
Total assets less current liabilities			1,425,439	1,519,592

Creditors: amounts falling due after more than one year	9	–	7,583
		------------	------------
Net assets		1,425,439	1,512,009
		------------	------------

Achentoul Farms Limited

Statement of Financial Position (continued)

28 November 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	1,001	1,001
Share premium account	867,754	867,754
Other reserves	127,791	127,791
Profit and loss account	428,893	515,463
	------------	------------
Shareholders funds	1,425,439	1,512,009
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 28 November 2025 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 year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 23 August 2026 , and are signed on behalf of the board by:

Sir John Grenfell Nutting Bart QC

Director

Company registration number: 02101441

Achentoul Farms Limited

Notes to the Financial Statements

Year ended 28 November 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is K3 Albany, London, W1J 0AY.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Heritable Property & Tenants Improvements	-	25% reducing balance
Machinery & Equipment	-	15% reducing balance
Tractors	-	28% reducing balance
Motor Vehicles	-	25% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Investments in joint ventures

Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 2 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£	£
Cost
At 29 November 2024	467,029	197,211	86,029	110,617	860,886
Additions	–	1,950	–	9,300	11,250
	---------	---------	--------	---------	---------
At 28 November 2025	467,029	199,161	86,029	119,917	872,136
	---------	---------	--------	---------	---------
Depreciation
At 29 November 2024	108,326	144,244	58,112	77,224	387,906
Charge for the year	31,370	8,237	7,817	10,673	58,097
	---------	---------	--------	---------	---------
At 28 November 2025	139,696	152,481	65,929	87,897	446,003
	---------	---------	--------	---------	---------
Carrying amount
At 28 November 2025	327,333	46,680	20,100	32,020	426,133
	---------	---------	--------	---------	---------
At 28 November 2024	358,703	52,967	27,917	33,393	472,980
	---------	---------	--------	---------	---------

6. Investments

	Other investments other than loans
	£
Cost
At 29 November 2024	691,911
Additions	1,339,390
Disposals	( 1,351,136)
	------------
At 28 November 2025	680,165
	------------
Impairment
At 29 November 2024 and 28 November 2025	–
	------------

Carrying amount
At 28 November 2025	680,165
	------------
At 28 November 2024	691,911
	------------

7. Debtors

	2025	2024
	£	£
Trade debtors	25	–
Other debtors	15,574	4,685
	--------	-------
	15,599	4,685
	--------	-------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	62,438	13,678
Social security and other taxes	685	1,810
Other creditors	125,382	43,122
	---------	--------
	188,505	58,610
	---------	--------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	–	7,583
	----	-------

10. Directors' advances, credits and guarantees

As at 28th November 2025 the company owed Sir John Nutting, director, £37,104 (2024 £27,104. No interest has been charged on this amount.

11. Related party transactions

Sir John Grenfell Nutting Bart QC and J E S Nutting are also directors of Achentoul Estate Company. During the year ended 28 November 2025 the company purchased services to the value of £197,818 (2024 £62,922) from Achentoul Estate Company. The company also provided services to Achentoul Estate Company of £125,559 (2024 £75,419) .