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REGISTERED NUMBER: 01253794 (England and Wales)












Unaudited Financial Statements

for the Year Ended 5 April 2025

for

Brian Cade Farms Limited

Brian Cade Farms Limited (Registered number: 01253794)






Contents of the Financial Statements
for the year ended 5 April 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Brian Cade Farms Limited

Company Information
for the year ended 5 April 2025







DIRECTORS: Miss S A Cade
A B E Cade
Mrs A Newell
D Cade





SECRETARY: Miss S A Cade





REGISTERED OFFICE: 42 High Street
Home Farm
Leadenham
LINCOLN
LN5 0PN





REGISTERED NUMBER: 01253794 (England and Wales)





ACCOUNTANTS: Clayton & Brewill
Chartered Accountants
Cawley House
149-155 Canal Street
Nottingham
Nottinghamshire
NG1 7HR

Brian Cade Farms Limited (Registered number: 01253794)

Balance Sheet
5 April 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 587,669 683,803
Investments 5 121,117 106,042
Investment property 6 219,404 219,404
928,190 1,009,249

CURRENT ASSETS
Inventories 7 162,303 153,020
Debtors 8 119,863 54,661
Cash at bank 551,662 444,467
833,828 652,148
CREDITORS
Amounts falling due within one year 9 461,867 342,512
NET CURRENT ASSETS 371,961 309,636
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,300,151

1,318,885

PROVISIONS FOR LIABILITIES 11 173,892 197,926
NET ASSETS 1,126,259 1,120,959

CAPITAL AND RESERVES
Called up share capital 12 5,000 5,000
Revaluation reserve 13 80,926 80,926
Retained earnings 1,040,333 1,035,033
SHAREHOLDERS' FUNDS 1,126,259 1,120,959

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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.

Brian Cade Farms Limited (Registered number: 01253794)

Balance Sheet - continued
5 April 2025


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 19 November 2025 and were signed on its behalf by:





Miss S A Cade - Director


Brian Cade Farms Limited (Registered number: 01253794)

Notes to the Financial Statements
for the year ended 5 April 2025

1. STATUTORY INFORMATION

Brian Cade 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 as modified by the revaluation of certain assets.

Turnover
Revenue 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 - 15% on reducing balance
Tractors & vehicles - 25% reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit and loss.

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

Biological assets are valued at fair value.

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.

Brian Cade Farms Limited (Registered number: 01253794)

Notes to the Financial Statements - continued
for the year ended 5 April 2025

2. ACCOUNTING POLICIES - continued

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

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 8 (2024 - 8 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and Tractors
machinery & vehicles Totals
£    £    £   
COST
At 6 April 2024 1,199,164 894,649 2,093,813
Additions 51,500 - 51,500
Disposals (30,733 ) - (30,733 )
At 5 April 2025 1,219,931 894,649 2,114,580
DEPRECIATION
At 6 April 2024 817,572 592,438 1,410,010
Charge for year 63,708 75,552 139,260
Eliminated on disposal (22,359 ) - (22,359 )
At 5 April 2025 858,921 667,990 1,526,911
NET BOOK VALUE
At 5 April 2025 361,010 226,659 587,669
At 5 April 2024 381,592 302,211 683,803

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 6 April 2024 106,042
Additions 15,075
At 5 April 2025 121,117
NET BOOK VALUE
At 5 April 2025 121,117
At 5 April 2024 106,042

Brian Cade Farms Limited (Registered number: 01253794)

Notes to the Financial Statements - continued
for the year ended 5 April 2025

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 6 April 2024
and 5 April 2025 219,404
NET BOOK VALUE
At 5 April 2025 219,404
At 5 April 2024 219,404

Fair value at 5 April 2025 is represented by:
£   
Valuation in 2017 107,901
Cost 111,503
219,404

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

2025 2024
£    £   
Cost 108,066 108,066

Investment property was valued on an open market basis on 5 April 2025 by the directors .

The directors of the company do not hold any independent professional qualifications in property valuation.

7. INVENTORIES
2025 2024
£    £   
Raw materials 98,065 56,740
Saleable stock 64,238 96,280
162,303 153,020

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 55,431 37,562
Amounts owed by group undertakings 2,000 2,000
Other debtors 19,593 50
Directors' current accounts - 643
VAT 7,155 -
Prepayments and accrued income 35,684 14,406
119,863 54,661

Brian Cade Farms Limited (Registered number: 01253794)

Notes to the Financial Statements - continued
for the year ended 5 April 2025

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 265,500 211,872
Trade creditors 44,338 5,352
Due to Jericho Properties Ltd 16,807 15,455
Tax 25,677 -
VAT - 5,273
Other creditors 35,705 33,340
Directors' current accounts 73,840 71,220
461,867 342,512

10. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank overdrafts 265,500 211,872

11. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 173,892 197,926

Deferred
tax
£   
Balance at 6 April 2024 197,926
Provided during year (24,034 )
Balance at 5 April 2025 173,892

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
2,550 Ordinary A £1 2,550 2,550
905 Ordinary B £1 905 905
905 Ordinary C £1 905 905
250 Ordinary D £1 250 250
250 Ordinary E £1 250 250
70 Ordinary F £1 70 70
70 Ordinary G £1 70 70
5,000 5,000

13. RESERVES
Revaluation
reserve
£   
At 6 April 2024
and 5 April 2025 80,926

Brian Cade Farms Limited (Registered number: 01253794)

Notes to the Financial Statements - continued
for the year ended 5 April 2025

14. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A Cade.