FARMLAND RESERVE UK LIMITED

1. FARMLAND RESERVE UK LIMITED 2011-12-09 → present
2. THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS (WELFARE) LIMITED 1977-10-04 → 2011-12-09

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

MHA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

1. FARMLAND RESERVE UK LIMITED · parent
   1. AgReserves Limited 100% · United Kingdom · arable farming

Significant events

• “Two significant land acquisitions were completed in 2024. The Gosberton Estate and the Donington Estate, located in South Lincolnshire, were acquired in two separate transactions during the latter part of the year. The acquisitions add a combined total of 3,500 acres of high-quality arable land to the existing portfolio.”
• “A further acquisition of 5,000 acres at the Sutton Bridge Estate - also in South Lincolnshire with completion in 2025.”
• “After the balance sheet date, the Group has entered into a contract to acquire assets for consideration of £50.9m.”
• “In view of the recent economic downturn the Charity is making every effort to minimise exposure to customer credit risks and all appropriate steps are taken to reduce this risk.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +18.1%

  £12,049,000 → £14,230,000

• Cash

  -10.8%

  £10,797,000 → £9,628,000

• Net assets

  +20%

  £218,392,000 → £262,090,000

• Employees

  +3.4%

  29 → 30

• Operating profit

  -73.3%

  £4,500,000 → £1,200,000

• Profit before tax

  +1,006.3%

  £4,122,000 → £45,601,000

• Wages

  +21.2%

  £1,346,000 → £1,632,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers