Foxhill Farming Co Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10824482

Foxhill Farming Co Limited

Filleted Unaudited Financial Statements

31 August 2025

Foxhill Farming Co Limited

Financial Statements

Year ended 31 August 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Foxhill Farming Co Limited

Statement of Financial Position

31 August 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	230,066	189,823

Current assets

Debtors	6	106,997	132,015
Cash at bank and in hand		100	100
		---------	---------
		107,097	132,115

Creditors: amounts falling due within one year	7	255,856	292,229
		---------	---------
Net current liabilities		148,759	160,114
		---------	---------
Total assets less current liabilities		81,307	29,709
		--------	--------
Net assets		81,307	29,709
		--------	--------

Capital and reserves

Called up share capital	8	100	100
Profit and loss account		81,207	29,609
		--------	--------
Shareholders funds		81,307	29,709
		--------	--------

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 31 August 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 .

Foxhill Farming Co Limited

Statement of Financial Position (continued)

31 August 2025

These financial statements were approved by the board of directors and authorised for issue on 26 August 2026 , and are signed on behalf of the board by:

P D Allingham	A J Pointer
Director	Director

Company registration number: 10824482

Foxhill Farming Co Limited

Notes to the Financial Statements

Year ended 31 August 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 Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN, England.

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.

Going concern

The company's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company should be able to operate for the foreseeable future. Thus, the directors continue to adopt the going concern basis of accounting in preparing these annual financial statements.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods 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.

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:

Plant and machinery	-	25% reducing balance
Equipment	-	25% reducing balance

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.

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

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2024: 4 ).

5. Tangible assets

	Plant and machinery	Equipment	Total
	£	£	£
Cost
At 1 September 2024	400,017	1,281	401,298
Additions	68,723	–	68,723
Disposals	( 45,000)	–	( 45,000)
	---------	-------	---------
At 31 August 2025	423,740	1,281	425,021
	---------	-------	---------
Depreciation
At 1 September 2024	210,821	654	211,475
Charge for the year	23,779	196	23,975
Disposals	( 40,495)	–	( 40,495)
	---------	-------	---------
At 31 August 2025	194,105	850	194,955
	---------	-------	---------
Carrying amount
At 31 August 2025	229,635	431	230,066
	---------	-------	---------
At 31 August 2024	189,196	627	189,823
	---------	-------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	89,488	15,410
Other debtors	17,509	116,605
	---------	---------
	106,997	132,015
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	222,266	224,444
Trade creditors	12,674	24,764
Social security and other taxes	19,666	3,616
Other creditors	1,250	39,405
	---------	---------
	255,856	292,229
	---------	---------

The company has an overdraft facility with Barclays Bank which holds a fixed and floating charge over the company's property and undertakings.

8. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----