LOW CARBON FARMING 5 LIMITED

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

• Turnover

  +0.9%

  £10,005,848 → £10,096,099

• Cash

  +195.7%

  £2,332,465 → £6,898,008

  highest in 3 filed years

• Net assets

  -14.8%

  -£17,002,586 → -£19,524,148

  lowest in 3 filed years

• Employees

  +100%

  1 → 2

  highest in 3 filed years

• Operating profit

  +416.1%

  £533,407 → £2,752,939

• Profit before tax

  +43.9%

  -£4,558,440 → -£2,557,466

  highest in 3 filed years

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

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 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Azets

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis, which assumes that the Company will continue in operational existence for a minimum of 12 months from the date of signing the financial statements. The Directors have prepared a 12-month cash flow forecast from the date of approving these financial statements, which shows that the company will have sufficient funds to settle its liabilities as they fall due. The cash flow forecast assumes that both lease and RHI payments will be received as contractually due. The company is currently experiencing delays in receiving RHI payments from Ofgem. This is due to an amendment, submitted following the recommendation of Ofgem's auditor, which is now awaiting processing by Ofgem. Our advisor considers the amendment to be minor; however, progress is currently delayed due to resource constraints at Ofgem. The Directors anticipate that this will be resolved imminently and that the backdated RHI payments will be received by the end of September 2025. The Directors consider a delay beyond September 2025 to be highly unlikely and therefore do not believe there is any material uncertainty with regards to going concern. The company is funded through a long-term interest-bearing loan with its immediate parent company. The Directors have evaluated the debt service requirements in the going concern period. It is noted that interest is due for payment quarterly; however, the loan agreement allows, if agreed by both parties, for the company to convert any interest amounts due into a further loan if the company does not have sufficient cash to pay. The parent has provided confirmation that it will not request payment if the company does not have sufficient cash. The Directors confirm that they have complied with the requirements of the Companies Act 2006. Based on the assessment of cash flow forecasts for the next 12 months, they have concluded that they have a reasonable expectation the company has adequate resources to continue in operational existence for the foreseeable future and continue to adopt the going concern basis in preparing the accounts.”

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

Filings

2

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.