REGISTERED NUMBER: 00369501 (England and Wales)

Beauchamps Farms Limited

Unaudited Financial Statements

for the Year Ended 31 December 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

P B Carter

L D Carter

G P Carter

J M Wickham

Secretary:

P B Carter

Registered office:

Construction House

Runwell Road

Wickford

Essex

SS11 7HJ

Registered number:

00369501 (England and Wales)

Accountants:

Clay Ratnage Strevens & Hills

Chartered Accountants

Construction House, Runwell Road

Wickford

Essex

SS11 7HQ

Fixed assets

Tangible assets

4

227,692

227,699

Investment property

5

1,250,000

1,250,000

1,477,692

1,477,699

Current assets

Debtors

6

42,610

33,942

Cash at bank

44,317

61,357

86,927

95,299

Creditors

Amounts falling due within one year

7

51,258

66,632

Net current assets

35,669

28,667

Total assets less current liabilities

1,513,361

1,506,366

Provisions for liabilities

8

216,223

216,223

Net assets

1,297,138

1,290,143

Capital and reserves

Called up share capital

1,401

1,401

Revaluation reserve

1,022,777

1,022,777

Retained earnings

272,960

265,965

1,297,138

1,290,143

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2026 and were signed on its behalf by:

P B Carter - Director

1.	Statutory information

Beauchamps Farms Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

- the company has transferred the significant risks and rewards of ownership to the buyer;

- the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

- the amount of revenue can be measured reliably;

- it is probable that the company will receive the consideration due under the transaction; and

- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;

- it is probable that the company will receive the consideration due under the contract;

- the stage of completion of the contract at the end of the reporting period can be measured reliably; and

- the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided at the following rate:

Plant and machinery

- 25% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Investment property

Investment property is carried at fair value as determined annually by the directors, having regard to professional advice taken personally, and is derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the profit and loss account.

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.

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.

Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

3.	Employees and directors

The average number of employees during the year was 4 (2024 - 4 ) .

4.	Tangible fixed assets

Freehold

Plant and

property

machinery

Totals

£

£

£

Cost

At 1 January 2025

and 31 December 2025

227,671

5,000

232,671

Depreciation

At 1 January 2025

-

4,972

4,972

Charge for year

-

7

7

At 31 December 2025

-

4,979

4,979

Net book value

At 31 December 2025

227,671

21

227,692

At 31 December 2024

227,671

28

227,699

5.	Investment property

Total

£

Fair value

At 1 January 2025

and 31 December 2025

1,250,000

Net book value

At 31 December 2025

1,250,000

At 31 December 2024

1,250,000

The 2025 valuations were made by the director, having regard to professional advice taken personally, on an open market value for existing use basis.

If the investment properties had not been included at valuation they would have been included under the historical cost convention as follows:

2025

2024

£

£

Cost

11,000

11,000

Accumulated depreciation

-

-

11,000

11,000

6.

Debtors

2025

2024

£

£

Trade debtors

501

24,194

Other debtors

42,109

9,748

42,610

33,942

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Payments received on account

3,350

3,350

Trade creditors

17,715

23,186

Taxation and social security

23,349

32,686

Other creditors

6,844

7,410

51,258

66,632

8.	Provisions for liabilities

2025

2024

£

£

Deferred tax

216,223

216,223

Deferred

tax

£

Balance at 1 January 2025

216,223

Balance at 31 December 2025

216,223

The provision for deferred taxation is made up as follows:

2025

2024

£

£

Unrealised surplus on revalued investment property

216,223

216,223

9.	Related party transactions

During the year the company purchased services totalling £4,319 (2024 - £5,989) from Carter and Ward of Wickford Limited, an associated company.

At the year end the company was owed £15,648 (2024 - £5,848) by Carter and Ward of Wickford Limited. No interest was charged on this loan.