Company Registration No. 08801098 (England and Wales)
MANNINGHAM POULTRY LTD
Unaudited accounts
for the year ended 31 December 2021
MANNINGHAM POULTRY LTD
Statement of financial position
as at 31 December 2021
Tangible assets
13,849
17,311
Cash at bank and in hand
33,725
60,518
Creditors: amounts falling due within one year
(41,377)
(35,325)
Net current assets
72,922
79,779
Total assets less current liabilities
86,771
97,090
Creditors: amounts falling due after more than one year
(34,205)
(55,080)
Called up share capital
100
100
Profit and loss account
52,466
41,910
Shareholders' funds
52,566
42,010
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 February 2022 and were signed on its behalf by
Mohammad Imran
Director
Company Registration No. 08801098
MANNINGHAM POULTRY LTD
Notes to the Accounts
for the year ended 31 December 2021
MANNINGHAM POULTRY LTD is a private company, limited by shares, registered in England and Wales, registration number 08801098. The registered office is UNIT 6 THORNCLIFFE SQUARE, THORNCLIFFE ROAD, BRADFORD, WEST YORKSHIRE, BD8 7DD, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents net invoiced sales of goods, excluding value added tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on reducing balance
Motor vehicles
20% on reducing balance
Inventories have been valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
MANNINGHAM POULTRY LTD
Notes to the Accounts
for the year ended 31 December 2021
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Tangible fixed assets
Total
At 31 December 2021
35,439
At 31 December 2021
21,590
At 31 December 2021
13,849
At 31 December 2020
17,311
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
9,932
12,415
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 4 (2020: 6).
