Registration number: 07518036

Hungersheath Farm Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

Hungersheath Farm Limited

Company Information

Directors

Mr N E Furnival Mrs H Furnival

Registered office

Hungersheath Farm Lordsley Ashley Market Drayton Shropshire TF9 4EJ

Accountants

Howsons (Stoke) Limited Winton House Stoke Road Stoke on Trent Staffordshire ST4 2RW

Hungersheath Farm Limited

(Registration number: 07518036)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	1,455,376	1,326,094
Current assets
Stocks	5	532,279	500,326
Debtors	6	131,219	136,669
Cash at bank and in hand		43,303	32,315
		706,801	669,310
Creditors: Amounts falling due within one year	7	(233,603)	(191,339)
Net current assets		473,198	477,971
Total assets less current liabilities		1,928,574	1,804,065
Creditors: Amounts falling due after more than one year	7	(1,009,973)	(953,274)
Provisions for liabilities		(53,000)	(54,000)
Net assets		865,601	796,791
Capital and reserves
Called up share capital		100	100
Retained earnings		865,501	796,691
Shareholders' funds		865,601	796,791

For the financial year ending 31 March 2026 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 October 2026 and signed on its behalf by:
 

Hungersheath Farm Limited

(Registration number: 07518036)
Balance Sheet as at 31 March 2026

......................................... Mr N E Furnival Director

......................................... Mrs H Furnival Director

Hungersheath Farm Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

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:
Hungersheath Farm
Lordsley
Ashley
Market Drayton
Shropshire
TF9 4EJ

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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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 company's presentational currency is pound sterling (£). The accounts are rounded to the nearest whole pound.

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.

Tangible assets

Tangible assets are stated in the balance sheet 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:

Hungersheath Farm Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Asset class	Depreciation method and rate
Long leasehold property	10% straight line
Plant and machinery	15% reducing balance
Motor vehicles	25% reducing balance
Tractors	15% reducing balance
Other assets	Fixture & fittings 15% reducing balance, solar panels 10% straight line, biomass boiler 10% reducing balance

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
Basic financial assets, including trade and other debtors, cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Such assets are subsequently carried at amortised cost using the effective interest method.
Basic financial liabilities, including trade and other trade creditors, bank and other loans, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

 Recognition and measurement
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit and loss.

 Impairment
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised in the profit or loss.

Financial assets are derecognised when a) the contractual rights to the cash flows from the asset expire or are settled, or b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Hungersheath Farm Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2025 - 5).

4	Tangible assets

	Land and buildings £	Plant and machinery £	Motor vehicles  £	Fixture and fittings £	Solar panels £	Total £
Cost or valuation
At 1 April 2025	1,239,897	333,943	30,245	1,804	61,010	1,666,899
Additions	137,622	32,099	-	-	-	169,721
At 31 March 2026	1,377,519	366,042	30,245	1,804	61,010	1,836,620
Depreciation
At 1 April 2025	129,984	138,805	9,391	1,615	61,010	340,805
Charge for the year	5,442	29,594	5,214	189	-	40,439
At 31 March 2026	135,426	168,399	14,605	1,804	61,010	381,244
Carrying amount
At 31 March 2026	1,242,093	197,643	15,640	-	-	1,455,376
At 31 March 2025	1,109,913	195,138	20,854	189	-	1,326,094

5

Stocks

	2026 £	2025 £
Raw materials and consumables	167,493	132,240
Other inventories	364,786	368,086
	532,279	500,326

6

Debtors

	2026 £	2025 £
Trade debtors	80,783	95,728
Prepayments	3,650	4,561
Other debtors	46,786	36,380
	131,219	136,669

Hungersheath Farm Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Bank loans and overdrafts	8	49,115	51,594
Trade creditors		144,885	93,760
Other creditors		39,603	45,985
		233,603	191,339
Due after one year
Loans and borrowings	8	1,009,973	953,274

8	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	1,009,973	953,274

Current loans and borrowings

	2026 £	2025 £
Bank borrowings	49,115	51,594