The Northampton Regional Livestock - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05217775 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 August 2021

for

The Northampton Regional Livestock

Centre Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr A Y Brodie

Mr F R Harris

Mr J T G Harris

SECRETARY:

Mr A Y Brodie

REGISTERED OFFICE:

7 Billing Road

Northampton

NORTHAMPTONSHIRE

NN1 5AN

REGISTERED NUMBER:

05217775 (England and Wales)

ACCOUNTANTS:

Harris & Clarke LLP

7 Billing Road

Northampton

NORTHAMPTONSHIRE

NN1 5AN

FIXED ASSETS

Investments

4

2,026

2,026

CURRENT ASSETS

Cash at bank and in hand

17

17

CREDITORS

Amounts falling due within one year

5

2,026

2,026

NET CURRENT LIABILITIES

(2,009

)

(2,009

)

TOTAL ASSETS LESS CURRENT LIABILITIES

17

17

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

16

16

SHAREHOLDERS' FUNDS

17

17

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 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 16 May 2022 and were signed on its behalf by:

Mr J T G Harris - Director

1.	STATUTORY INFORMATION

The Northampton Regional Livestock Centre Company 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.

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 NIL (2020 - NIL).

4.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2021

2020

£

£

Assigned legal rights

2,026

2,026

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Other creditors

2,026

2,026

6.	RELATED PARTY DISCLOSURES

Throughout the period under review Mr J T G Harris was the nominee holder of the original subscriber share in issue. Mr J T G Harris is holding the original subscriber share whilst the company directors advance their plans. If and when the company becomes ready to raise monies to fund its investment plans this original subscriber share will be transfered back to the company at par value and be made available for reallotment. As such Mr J T G Harris has no beneficial interest in the holding of the share of the company.

No transactions with related parties were undertaken in the year under review such as are required to be disclosed under the Financial Reporting Standard for Smaller Entities (effective January 2015).