Broughton Farming Limited - Accounts to registrar (filleted) - small 22.3
Broughton Farming Limited - Accounts to registrar (filleted) - small 22.3
| REGISTERED NUMBER: |
| Financial Statements |
| for the Period 28 February 2021 to 25 February 2022 |
| for |
| Broughton Farming Limited |
| Broughton Farming Limited (Registered number: 07182213) |
| Contents of the Financial Statements |
| for the Period 28 February 2021 to 25 February 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Broughton Farming Limited |
| Company Information |
| for the Period 28 February 2021 to 25 February 2022 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Sher House |
| 46 Houghton Place |
| Bradford |
| West Yorkshire |
| BD1 3RG |
| Broughton Farming Limited (Registered number: 07182213) |
| Balance Sheet |
| 25 February 2022 |
| 2022 | 2021 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
| NET ASSETS |
| Broughton Farming Limited (Registered number: 07182213) |
| Balance Sheet - continued |
| 25 February 2022 |
| 2022 | 2021 |
| Notes | £ | £ |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation reserve | 9 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges her 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| Broughton Farming Limited (Registered number: 07182213) |
| Notes to the Financial Statements |
| for the Period 28 February 2021 to 25 February 2022 |
| 1. | STATUTORY INFORMATION |
| Broughton Farming Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Taxation |
| Taxation for the period 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 period 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. |
| Broughton Farming Limited (Registered number: 07182213) |
| Notes to the Financial Statements - continued |
| for the Period 28 February 2021 to 25 February 2022 |
| 2. | ACCOUNTING POLICIES - continued |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was NIL (2021 - NIL). |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | Plant and | and |
| property | machinery | fittings | Totals |
| £ | £ | £ | £ |
| COST |
| Additions |
| At 25 February 2022 |
| DEPRECIATION |
| Charge for period |
| At 25 February 2022 |
| NET BOOK VALUE |
| At 25 February 2022 |
| 5. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST |
| At 28 February 2021 |
| Additions |
| At 25 February 2022 |
| NET BOOK VALUE |
| At 25 February 2022 |
| At 27 February 2021 |
| Broughton Farming Limited (Registered number: 07182213) |
| Notes to the Financial Statements - continued |
| for the Period 28 February 2021 to 25 February 2022 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Bank loans |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Bank loans more 5 yrs non-inst |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 1,035,000 | - |
| Broughton Farming Limited (Registered number: 07182213) |
| Notes to the Financial Statements - continued |
| for the Period 28 February 2021 to 25 February 2022 |
| 9. | RESERVES |
| Revaluation |
| reserve |
| £ |
| At 28 February 2021 |
| Revaluation | 444,705 |
| At 25 February 2022 |
| 10. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the period ended 25 February 2022 and the year ended 27 February 2021: |
| 2022 | 2021 |
| £ | £ |
| Balance outstanding at start of period |
| Amounts repaid | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of period |
| All Directors Loans are payable on demand. |