REGISTERED NUMBER: 04747574 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

FOR

HARRACOTT FARM LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A R Heard

Mrs B T Heard

SECRETARY:

Mrs B T Heard

REGISTERED OFFICE:

Harracott Farm

Frithelstockstone

Torrington

DEVON

EX38 8LA

REGISTERED NUMBER:

04747574 (England and Wales)

ACCOUNTANTS:

Jane Maynard Limited

T/A Maynard Johns

37 Mill Street

Bideford

DEVON

EX39 2JJ

FIXED ASSETS

Tangible assets

4

225,027

140,035

Investment property

5

300,000

300,000

525,027

440,035

CURRENT ASSETS

Stocks

77,406

64,791

Debtors

8,929

5,924

Investments

150

150

Cash at bank

122,514

92,113

208,999

162,978

CREDITORS

Amounts falling due within one year

(184,992

)

(184,141

)

NET CURRENT ASSETS/(LIABILITIES)

24,007

(21,163

)

TOTAL ASSETS LESS CURRENT LIABILITIES

549,034

418,872

CREDITORS

Amounts falling due after more than one year

(34,690

)

-

PROVISIONS FOR LIABILITIES

(61,651

)

(58,580

)

NET ASSETS

452,693

360,292

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

6

178,195

178,195

Retained earnings

274,398

181,997

SHAREHOLDERS' FUNDS

452,693

360,292

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 11 October 2026 and were signed on its behalf by:

A R Heard - Director

1.	STATUTORY INFORMATION

Harracott Farm Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

2% on cost

Plant and machinery etc

-

33% on cost, 20% on cost, 15% on cost and 2% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2025

725,467

Additions

132,071

Disposals

(101,479

)

At 30 April 2026

756,059

DEPRECIATION

At 1 May 2025

585,432

Charge for year

47,029

Eliminated on disposal

(101,429

)

At 30 April 2026

531,032

NET BOOK VALUE

At 30 April 2026

225,027

At 30 April 2025

140,035

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 May 2025

44,000

Additions

109,000

At 30 April 2026

153,000

DEPRECIATION

At 1 May 2025

19,800

Charge for year

22,950

At 30 April 2026

42,750

NET BOOK VALUE

At 30 April 2026

110,250

At 30 April 2025

24,200

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2025

and 30 April 2026

300,000

NET BOOK VALUE

At 30 April 2026

300,000

At 30 April 2025

300,000

Fair value at 30 April 2026 is represented by:

£

Valuation in 2025

178,195

Cost

121,805

300,000

If investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

£

Cost

121,805

121,805

Investment property was valued on an open market basis on 6 April 2026 by M Branch of Bond Oxborough Phillips .

6.

RESERVES

Revaluation

reserve

£

At 1 May 2025

and 30 April 2026

178,195

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A R Heard.