Huttons Ambo Farms Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00971810

Huttons Ambo Farms Limited

Filleted Unaudited Financial Statements

For the year ended

5 April 2026

Huttons Ambo Farms Limited

Statement of Financial Position

5 April 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	6	189,473	164,216
Investments	7	8,524	8,323
		----------	----------
		197,997	172,539

Current assets

Stocks		219,247	171,834
Debtors	8	116,061	111,730
Cash at bank and in hand		23,533	307,001
		----------	----------
		358,841	590,565

Creditors: amounts falling due within one year	9	177,023		256,808
		----------		----------
Net current assets			181,818		333,757
			----------		----------
Total assets less current liabilities			379,815		506,296

Creditors: amounts falling due after more than one year	10		3,889		–

Provisions	2,760	39,508
	----------	----------
Net assets	373,166	466,788
	----------	----------

Capital and reserves

Called up share capital	600	600
Profit and loss account	372,566	466,188
	----------	----------
Shareholders funds	373,166	466,788
	----------	----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

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

Huttons Ambo Farms Limited

Statement of Financial Position (continued)

5 April 2026

For the year ending 5 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 30 October 2026 , and are signed on behalf of the board by:

C E S Jenyns
Director

Company registration number: 00971810

Huttons Ambo Farms Limited

Notes to the Financial Statements

Year ended 5 April 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Grange, Huttons Ambo, York, YO60 7HJ.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

(a) Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

(b) Going concern

The UK economy continues to face a degree of uncertainty, including the ongoing effects of inflation, interest rates and energy costs. These factors have affected the company's trading results to varying degrees. In preparing these financial statements, the director has considered the potential impact of these matters based on the information available at the date of approval and does not believe that they will affect the ability of the company to continue trading for the foreseeable future. Accordingly, at the date of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for at least 12 months from the date of approval of these financial statements. The director has therefore prepared the financial statements on a going concern basis.

(c) Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

(d) Current and deferred tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

(e) Intangible assets

Basic Payment Scheme entitlements acquired via the ownership of existing land were revalued to fair value on transition to FRS 102 Section 1A and are being amortised over their expected useful life.

(f) Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Basic Payment Scheme entitlements	-	17% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

(g) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

(h) Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold property alterations	-	4% reducing balance
Plant and machinery	-	20% reducing balance
Motor vehicles	-	20% reducing balance

(i) Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

(j) Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

(k) Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition. Stock of unsold crops on hand are valued under the 'deemed cost' principles set out in the "Guidance Notes in Agricultural Stock Valuations for Tax Purposes", HMRC Helpsheet HS232 "farm stock valuation" (previously BEN 19) - a widely accepted method of stock valuation used in the agriculture industry.

(l) Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

(m) Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2025: 4 ).

5. Intangible assets

	Basic Payment Scheme entitlements
	£
Cost
At 6 April 2025 and 5 April 2026	70,158
	--------
Amortisation
At 6 April 2025 and 5 April 2026	70,158
	--------
Carrying amount
At 5 April 2026	–
	--------
At 5 April 2025	–
	--------

The entitlements previously owned by the company but acquired at nil cost were revalued to their fair value on transition to FRS102 Section 1A which has subsequently been treated as their deemed cost and have been amortised in line with the accounting policy. The fair value element was fully amortised at 5 April 2026.

6. Tangible assets

	Leasehold property alterations	Plant and machinery	Motor vehicles	Total
	£	£	£	£
Cost
At 6 April 2025	357	256,385	7,000	263,742
Additions	–	84,750	–	84,750
Disposals	–	( 19,000)	–	( 19,000)
	----	----------	-------	----------
At 5 April 2026	357	322,135	7,000	329,492
	----	----------	-------	----------
Depreciation
At 6 April 2025	178	96,828	2,520	99,526
Charge for the year	7	46,430	896	47,333
Disposals	–	( 6,840)	–	( 6,840)
	----	----------	-------	----------
At 5 April 2026	185	136,418	3,416	140,019
	----	----------	-------	----------
Carrying amount
At 5 April 2026	172	185,717	3,584	189,473
	----	----------	-------	----------
At 5 April 2025	179	159,557	4,480	164,216
	----	----------	-------	----------

7. Investments

	Other investments other than loans
	£
Cost
At 6 April 2025	8,323
Additions	201
	-------
At 5 April 2026	8,524
	-------
Impairment
At 6 April 2025 and 5 April 2026	–
	-------

Carrying amount
At 5 April 2026	8,524
	-------
At 5 April 2025	8,323
	-------

8. Debtors

	2026	2025
	£	£
Trade debtors	101,129	111,730
Other debtors	14,932	–
	----------	----------
	116,061	111,730
	----------	----------

9. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	112,540	186,978
Corporation tax	–	10,537
Social security and other taxes	–	3,527
Other creditors	64,483	55,766
	----------	----------
	177,023	256,808
	----------	----------

10. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Other creditors	3,889	–
	-------	----