Registration number: 13929362

Valentine Farm Ripley Limited

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Financial Statements	3 to 10

Valentine Farm Ripley Limited

Company Information

Director

A Stewart-Clark

Registered office

Sinclaire Cottage Portsmouth Road Ripley Woking Surrey GU23 6EW

Auditors

Streets Audit LLP Wiston House 1 Wiston Avenue Worthing West Sussex BN14 7QL

Valentine Farm Ripley Limited

(Registration number: 13929362)
Statement of Financial Position
30 November 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	2,966	3,368
Investment property	5	5,504,951	5,463,012
		5,507,917	5,466,380
Current assets
Debtors	6	708,808	885,753
Cash at bank and in hand		377	357
		709,185	886,110
Creditors: Amounts falling due within one year	7	(4,211)	(72,762)
Net current assets		704,974	813,348
Total assets less current liabilities		6,212,891	6,279,728
Creditors: Amounts falling due after more than one year	7	(1,624,798)	(1,580,645)
Provisions for liabilities		(26,750)	(26,750)
Net assets		4,561,343	4,672,333
Capital and reserves
Called up share capital		4,589,552	4,589,552
Revaluation reserve		80,250	80,250
Retained earnings		(108,459)	2,531
Shareholders' funds		4,561,343	4,672,333

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 15 September 2026
 

......................................... A Stewart-Clark Director

Valentine Farm Ripley Limited

Notes to the Financial Statements
for the year ended 30 November 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Sinclaire Cottage Portsmouth Road
Ripley
Woking
Surrey
GU23 6EW
United Kingdom

These financial statements were authorised for issue by the director on 15 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Going concern

The financial statements have been prepared on a going concern basis as the director believes that no material uncertainties exist. The director has considered the level of reserves held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the company to be able to continue as a going concern.

Valentine Farm Ripley Limited

Notes to the Financial Statements
for the year ended 30 November 2025

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 15 September 2026 was Matthew Hodson Bsc FCA, who signed for and on behalf of Streets Audit LLP.

.........................................

Judgements

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical accounting estimates and assumptions:

Management is required to make key decisions and judgements in the process of applying the Company's accounting policies. The most significant areas where such judgements have been necessary is the valuation of investment properties. Where judgement has been applied, the key factors taken into consideration are disclosed in the accounting policies and the appropriate note in these financial statements.

The company makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Valentine Farm Ripley Limited

Notes to the Financial Statements
for the year ended 30 November 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the 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.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	over 4 years

Investment property

Investment property is recognised at fair value according to the fair value model, which reflects market conditions at end of the reporting period. Gains or losses resulting from a change in the fair value of investment property are recognised in the income statement in the year they arise.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Valentine Farm Ripley Limited

Notes to the Financial Statements
for the year ended 30 November 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Valentine Farm Ripley Limited

Notes to the Financial Statements
for the year ended 30 November 2025

4	Tangible assets

	Other tangible assets £	Total £
Cost or valuation
At 1 December 2024	6,736	6,736
Additions	1,398	1,398
At 30 November 2025	8,134	8,134
Depreciation
At 1 December 2024	3,368	3,368
Charge for the year	1,800	1,800
At 30 November 2025	5,168	5,168
Carrying amount
At 30 November 2025	2,966	2,966
At 30 November 2024	3,368	3,368

5	Investment properties

	2025 £
At 1 December	5,463,012
Additions	41,939
At 30 November	5,504,951

The property was acquired by the company on the 18 August 2022 for £5,317,056 with additions of £38,956 in 30 November 2024 and additions of £41,939 in the year ended 30 November 2025. The total historical cost is £5,397,951. During the year ended 30 November 2024 the director revalued the property up to £5,463,012, to reflect the current market value.
At 30 November 2025 the director believes the current value of £5,504,951 reflects fair value.

Valentine Farm Ripley Limited

Notes to the Financial Statements
for the year ended 30 November 2025

6

Debtors

Current	Note	2025 £	2024 £
Amounts owed by related parties	11	687,219	860,964
Other debtors		21,589	24,789
		708,808	885,753

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	-	44,166
Taxation and social security		2,489	1,055
Accruals and deferred income		1,722	27,541
		4,211	72,762

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	1,624,798	1,580,645

	2025 £	2024 £
Due after more than five years
After more than five years by instalments	1,624,798	1,403,980

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