REGISTERED NUMBER: 08430324 (England and Wales)

C M FARMS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D W Morris

Mr G O Morris

SECRETARY:

Mrs M E Morris

REGISTERED OFFICE:

Castell Malgwyn Farm

Llechryd

Cardigan

Pembrokeshire

SA43 2QB

REGISTERED NUMBER:

08430324 (England and Wales)

ACCOUNTANTS:

D M B Davies Limited

Broyan House

Priory Street

Cardigan

Ceredigion

SA43 1BZ

FIXED ASSETS

Tangible assets

4

152,761

168,024

CURRENT ASSETS

Stocks

26,250

45,750

Debtors

5

318,279

345,673

Cash at bank

638,328

344,709

982,857

736,132

CREDITORS

Amounts falling due within one year

6

247,787

97,025

NET CURRENT ASSETS

735,070

639,107

TOTAL ASSETS LESS CURRENT LIABILITIES

887,831

807,131

PROVISIONS FOR LIABILITIES

38,190

42,006

NET ASSETS

849,641

765,125

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

849,541

765,025

SHAREHOLDERS' FUNDS

849,641

765,125

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 7 October 2026 and were signed on its behalf by:

Mr G O Morris - Director

1.	STATUTORY INFORMATION

C M 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.

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.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

118,860

202,041

2,225

323,126

Additions

20,700

-

-

20,700

At 31 March 2026

139,560

202,041

2,225

343,826

DEPRECIATION

At 1 April 2025

29,062

125,497

543

155,102

Charge for year

16,575

19,136

252

35,963

At 31 March 2026

45,637

144,633

795

191,065

NET BOOK VALUE

At 31 March 2026

93,923

57,408

1,430

152,761

At 31 March 2025

89,798

76,544

1,682

168,024

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

291,938

322,755

Other debtors

26,341

22,918

318,279

345,673

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

117,410

55,733

Taxation and social security

31,410

22,885

Other creditors

98,967

18,407

247,787

97,025