| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2025 |
| FOR |
| ALMA JORDAN FARMS LIMITED |
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2025 |
| FOR |
| ALMA JORDAN FARMS LIMITED |
| ALMA JORDAN FARMS LIMITED (REGISTERED NUMBER: 01196475) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH JUNE 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 | to | 3 |
| Notes to the Financial Statements | 4 | to | 7 |
| ALMA JORDAN FARMS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30TH JUNE 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 17 Wright Street |
| Hull |
| East Yorkshire |
| HU2 8HU |
| BANKERS: |
| 1 Grand Buildings |
| Jameson Street |
| Hull |
| East Yorkshire |
| HU1 3JX |
| SOLICITORS: |
| 100 Alfred Gelder Street |
| Hull |
| HU1 2AE |
| ALMA JORDAN FARMS LIMITED (REGISTERED NUMBER: 01196475) |
| BALANCE SHEET |
| 30TH JUNE 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Entitlement investment revaluation reserve | 9 |
| Retained earnings | 9 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| ALMA JORDAN FARMS LIMITED (REGISTERED NUMBER: 01196475) |
| BALANCE SHEET - continued |
| 30TH JUNE 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| ALMA JORDAN FARMS LIMITED (REGISTERED NUMBER: 01196475) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH JUNE 2025 |
| 1. | STATUTORY INFORMATION |
| Alma Jordan Farms Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Going concern |
| The financial statements have been prepared on the going concern basis which assumes the business will continue to trade for the foreseeable future.The company made a loss of £64,061 during the year and at the year end the company had a net deficit of £195,185. The directors continue to provide the funds necessary to meet future trading obligations and in their opinion it is correct to prepare the financial statements on a going concern basis. |
| Turnover |
| Turnover represents the sale proceeds of various crops grown and services provided invoiced to customers, exclusive of value added tax. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| The single farm payment entitlements are held as a long term investment and are included in the Balance Sheet at their fair value. Any surpluses or deficits on an annual revaluation are transferred to the Investment revaluation reserve and no depreciation is therefore provided. |
| This policy represents a departure from the statutory accounting principles, which require depreciation to be provided on all fixed assets. The directors consider that this policy is necessary in order that the Financial Statements may give a true and fair view because current values and changes in current values are of prime importance rather than the calculation of systematic annual depreciation. Depreciation or amortisation is only one of the many factors in the valuation and the amount which might otherwise have been shown cannot be separately identified or quantified. |
| Depreciation |
| General farming equipment | - |
| Motor vehicles | - |
| Tractors | - |
| No depreciation has been charged on improvements to leasehold property and land drainage and grain pit expenditure. |
| Stocks |
| Stocks consist of the farm valuation carried out by Michael Glover LLP of Beverley. |
| ALMA JORDAN FARMS LIMITED (REGISTERED NUMBER: 01196475) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30TH JUNE 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| 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 balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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. |
| Pension costs and other post-retirement benefits |
| Pensions |
| The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss as they become payable in accordance with the rules of the scheme. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Other |
| intangible |
| assets |
| £ |
| COST OR VALUATION |
| At 1st July 2024 |
| and 30th June 2025 |
| NET BOOK VALUE |
| At 30th June 2025 |
| At 30th June 2024 |
| Cost or valuation at 30th June 2025 is represented by: |
| Other |
| intangible |
| assets |
| £ |
| Valuation in 2010 | 70,000 |
| ALMA JORDAN FARMS LIMITED (REGISTERED NUMBER: 01196475) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30TH JUNE 2025 |
| 5. | TANGIBLE FIXED ASSETS |
| Land |
| Improvements | drainage |
| to | and grain | General |
| leasehold | pit | farming |
| property | expenditure | equipment |
| £ | £ | £ |
| COST |
| At 1st July 2024 |
| Additions |
| Disposals | ( |
) |
| At 30th June 2025 |
| DEPRECIATION |
| At 1st July 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30th June 2025 |
| NET BOOK VALUE |
| At 30th June 2025 |
| At 30th June 2024 |
| Motor |
| vehicles | Tractors | Totals |
| £ | £ | £ |
| COST |
| At 1st July 2024 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 30th June 2025 |
| DEPRECIATION |
| At 1st July 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30th June 2025 |
| NET BOOK VALUE |
| At 30th June 2025 |
| At 30th June 2024 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Sundry debtors (including loans) |
| VAT |
| ALMA JORDAN FARMS LIMITED (REGISTERED NUMBER: 01196475) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30TH JUNE 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Sundry creditors (including loans) |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary Shares | £1 | 10,000 | 10,000 |
| 9. | RESERVES |
| Entitlement |
| investment |
| Retained | revaluation |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 1st July 2024 | ( |
) | (141,124 | ) |
| Deficit for the year | ( |
) | ( |
) |
| At 30th June 2025 | ( |
) | (205,185 | ) |
| 10. | CONTROLLING PARTY |
| For both the current and previous year, the company was under the control of its directors. |