CLOAN HATCHERIES LIMITED

CLOAN HATCHERIES LIMITED

CLOAN HATCHERIES LIMITED - Company Information

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CLOAN HATCHERIES LIMITED

Company Registration Number:
SC055383 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2020

Period of accounts

Start date: 01 January 2020

End date: 31 December 2020

CLOAN HATCHERIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2020

Balance sheet
Notes

CLOAN HATCHERIES LIMITED

Balance sheet

As at 31 December 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 1,375,470 1,400,363
Total fixed assets: 1,375,470 1,400,363
Current assets
Stocks: 226,290 234,356
Debtors:   81,103 81,844
Cash at bank and in hand: 132,647 56,874
Total current assets: 440,040 373,074
Creditors: amounts falling due within one year:   (51,745) (49,400)
Net current assets (liabilities): 388,295 323,674
Total assets less current liabilities: 1,763,765 1,724,037
Creditors: amounts falling due after more than one year:   (635,705) (586,617)
Total net assets (liabilities): 1,128,060 1,137,420
Capital and reserves
Called up share capital: 51,270 51,270
Share premium account: 57,180 57,180
Revaluation reserve:4901,531901,531
Profit and loss account: 118,079 127,439
Shareholders funds: 1,128,060 1,137,420

The notes form part of these financial statements

CLOAN HATCHERIES LIMITED

Balance sheet statements

For the year ending 31 December 2020 the company was entitled to exemption 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 directors acknowledge their 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 September 2021
and signed on behalf of the board by:

Name: R W Haldane, MBE
Status: Director

The notes form part of these financial statements

CLOAN HATCHERIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CLOAN HATCHERIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

2. Employees

2020 2019
Average number of employees during the period 8 9

CLOAN HATCHERIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

3. Tangible Assets

Total
Cost £
At 01 January 2020 2,135,079
At 31 December 2020 2,135,079
Depreciation
At 01 January 2020 734,716
Charge for year 24,893
At 31 December 2020 759,609
Net book value
At 31 December 2020 1,375,470
At 31 December 2019 1,400,363

CLOAN HATCHERIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

4. Revaluation reserve

2020
£
Balance at 01 January 2020 901,531
Surplus or deficit after revaluation 0
Balance at 31 December 2020 901,531