Joseph Camm Farms Investments Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 13016466 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 DECEMBER 2021 TO 31 MARCH 2023

FOR

JOSEPH CAMM FARMS INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs B M Easterbrook

Mrs R M Girdham

REGISTERED OFFICE:

Upper Morton Babworth

Retford

Nottinghamshire

DN22 8HG

REGISTERED NUMBER:

13016466 (England and Wales)

ACCOUNTANTS:

Lemans

29 Arboretum Street

Nottingham

Nottinghamshire

NG1 4JA

FIXED ASSETS

Tangible assets

4

18,441

18,441

Investments

5

-

1,942,940

18,441

1,961,381

CURRENT ASSETS

Debtors

6

1,580,962

3,862,352

Cash at bank

4,751,808

1,218,231

6,332,770

5,080,583

CREDITORS

Amounts falling due within one year

7

58,480

323,267

NET CURRENT ASSETS

6,274,290

4,757,316

TOTAL ASSETS LESS CURRENT LIABILITIES

6,292,731

6,718,697

PROVISIONS FOR LIABILITIES

-

47,300

NET ASSETS

6,292,731

6,671,397

CAPITAL AND RESERVES

Called up share capital

8

5,300,000

5,300,000

Fair value reserve

9

-

141,850

Retained earnings

9

992,731

1,229,547

SHAREHOLDERS' FUNDS

6,292,731

6,671,397

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 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 26 July 2023 and were signed on its behalf by:

Mrs B M Easterbrook - Director

1.	STATUTORY INFORMATION

Joseph Camm Farms Investments 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Tangible fixed assets

Freehold land is accounted for at cost and is not depreciated.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the period 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 period 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.

Fixed asset investments

Investments are recognised initially at cost and are subsequently measured at fair value through the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2021 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

land

£

COST

At 1 December 2021

and 31 March 2023

18,441

NET BOOK VALUE

At 31 March 2023

18,441

At 30 November 2021

18,441

Included in cost of land and buildings is freehold land of £ 18,441 (2021 - £ 18,441 ) which is not depreciated.

The land has not been revalued.

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 December 2021

1,942,940

Additions

176,757

Disposals

(2,119,697

)

At 31 March 2023

-

NET BOOK VALUE

At 31 March 2023

-

At 30 November 2021

1,942,940

6.

DEBTORS

31.3.23

30.11.21

£

£

Amounts falling due within one year:

Other debtors

1,580,962

1,931,176

Amounts falling due after more than one year:

Other debtors

-

1,931,176

Aggregate amounts

1,580,962

3,862,352

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

30.11.21

£

£

Corporation tax

20,414

287,361

Other creditors

32,906

32,906

Accruals and deferred income

5,160

3,000

58,480

323,267

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.23

30.11.21

value:

£

£

2,421,501

A Ordinary

£1

2,421,501

2,421,501

2,878,499

B Ordinary

£1

2,878,499

2,878,499

5,300,000

5,300,000

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 December 2021

1,229,547

141,850

1,371,397

Deficit for the period

(378,666

)

(378,666

)

Gain/loss net of deferred tax

141,850

(141,850

)

-

At 31 March 2023

992,731

-

992,731