Pitchcott Hill Farms Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 00737057 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2021

for

Pitchcott Hill Farms Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A M Langford

REGISTERED OFFICE:

16 Broadway Avenue

Twickenham

London

TW1 1RH

REGISTERED NUMBER:

00737057 (England and Wales)

ACCOUNTANTS:

Advoco

Chartered Certified Accountants

Chartered Tax Advisers

14a Albany Road

Weymouth

Dorset

DT4 9TH

FIXED ASSETS

Tangible assets

4

1,163,929

1,168,617

CURRENT ASSETS

Debtors

10,676

-

Cash at bank

279,227

312,555

289,903

312,555

CREDITORS

Amounts falling due within one year

1,990

18,978

NET CURRENT ASSETS

287,913

293,577

TOTAL ASSETS LESS CURRENT LIABILITIES

1,451,842

1,462,194

CREDITORS

Amounts falling due after more than one year

80,951

62,734

NET ASSETS

1,370,891

1,399,460

CAPITAL AND RESERVES

Called up share capital

5

878,733

878,733

Retained earnings

6

492,158

520,727

SHAREHOLDERS' FUNDS

1,370,891

1,399,460

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Balance Sheet for the year ended 31 December 2021 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 director and authorised for issue on 16 September 2022 and were signed by:

A M Langford - Director

1.	STATUTORY INFORMATION

Pitchcott Hill 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.

Freehold property

-

1% on cost

Plant and machinery

-

15% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2021

1,524,286

Additions

8,008

At 31 December 2021

1,532,294

DEPRECIATION

At 1 January 2021

355,669

Charge for year

12,696

At 31 December 2021

368,365

NET BOOK VALUE

At 31 December 2021

1,163,929

At 31 December 2020

1,168,617

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2021

2020

value:

£

£

1,757,467

Ordinary A

0.5

878,733

878,733

6.

RESERVES

Retained

earnings

£

At 1 January 2021

520,727

Deficit for the year

(17,073

)

Dividends

(11,496

)

At 31 December 2021

492,158