Easterton Farm Park Limited Filleted accounts for Companies House (small and micro)
Easterton Farm Park Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
SC584484
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Statement of Financial Position |
2022 |
2021 |
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Note |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
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Debtors |
6 |
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Cash at bank and in hand |
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-------- |
-------- |
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Creditors: amounts falling due within one year |
7 |
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--------- |
--------- |
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Net current liabilities |
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------------ |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
8 |
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Provisions |
9 |
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--------- |
------------ |
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Net assets |
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--------- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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-------- |
--------- |
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Shareholders funds |
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-------- |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
7 June 2023
, and are signed on behalf of the board by:
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Director |
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Company registration number:
SC584484
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Notes to the Financial Statements |
Year ended 31 December 2022
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Low Craigton Farm, Milngavie, Glasgow, G62 7HF, Scotland.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold property |
- |
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Fixtures and fittings |
- |
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Motor vehicles |
- |
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Equipment |
- |
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Horses |
- |
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Impairment of fixed assets
Stocks
Government grants
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
41
(2021:
25
).
5.
Tangible assets
Freehold property |
Fixtures and fittings |
Motor vehicles |
Equipment |
Horses |
Total |
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£ |
£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 Jan 2022 |
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Additions |
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– |
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– |
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--------- |
------- |
------------ |
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At 31 Dec 2022 |
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------- |
------------ |
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Depreciation |
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At 1 Jan 2022 |
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Charge for the year |
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------------ |
-------- |
-------- |
--------- |
------- |
------------ |
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At 31 Dec 2022 |
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------- |
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Carrying amount |
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At 31 Dec 2022 |
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--------- |
------- |
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At 31 Dec 2021 |
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------- |
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6.
Debtors
2022 |
2021 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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– |
------- |
------- |
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------- |
------- |
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7.
Creditors:
amounts falling due within one year
2022 |
2021 |
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£ |
£ |
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Trade creditors |
– |
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Corporation tax |
– |
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Social security and other taxes |
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Other creditors |
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--------- |
--------- |
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--------- |
--------- |
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8.
Creditors:
amounts falling due after more than one year
2022 |
2021 |
|
£ |
£ |
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Other creditors |
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--------- |
------------ |
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9.
Provisions
Deferred tax |
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£ |
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At 1 January 2022 |
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Additions |
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-------- |
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At 31 December 2022 |
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-------- |
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10.
Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2022 |
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Balance brought forward |
Advances/ (credits) to the directors |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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– |
(
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(
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------------ |
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2021 |
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Balance brought forward |
Advances/ (credits) to the directors |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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(
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(
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(
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11.
Related party transactions
During the year the
Directors
were paid aggregate salaries
of £ 8,400
(2021: £ 6,300
), and aggregate dividends of £ 2,500
(2021: £ 14,000
). During the year the company paid £ 5,000
to the Directors in respect of horse leasing
(2021: £ 5,600
).