Dickson Poultry Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: NI624413 (Northern Ireland)

Unaudited Financial Statements for the Year Ended 31 March 2023

for

Dickson Poultry Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T S Dickson

Mrs E Dickson

REGISTERED OFFICE:

26 The Square

Moy

Co. Tyrone

BT71 7SG

REGISTERED NUMBER:

NI624413 (Northern Ireland)

ACCOUNTANTS:

WHR Accountants Ltd

Chartered Certified Accountants

Statutory Auditors

56 English Street

Armagh

Co. Armagh

BT61 7LG

FIXED ASSETS

Intangible assets

4

-

12,000

Tangible assets

5

1,070,065

956,504

1,070,065

968,504

CURRENT ASSETS

Debtors

42,571

38,470

Cash at bank

50,680

94,678

93,251

133,148

CREDITORS

Amounts falling due within one year

248,727

337,711

NET CURRENT LIABILITIES

(155,476

)

(204,563

)

TOTAL ASSETS LESS CURRENT LIABILITIES

914,589

763,941

CREDITORS

Amounts falling due after more than one year

(443,293

)

(267,126

)

PROVISIONS FOR LIABILITIES

(50,407

)

(30,161

)

NET ASSETS

420,889

466,654

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

420,879

466,644

420,889

466,654

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 10 January 2024 and were signed on its behalf by:

T S Dickson - Director

1.	STATUTORY INFORMATION

Dickson Poultry Limited is a private company, limited by shares , registered in Northern Ireland. 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2022

and 31 March 2023

200,000

AMORTISATION

At 1 April 2022

188,000

Amortisation for year

12,000

At 31 March 2023

200,000

NET BOOK VALUE

At 31 March 2023

-

At 31 March 2022

12,000

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2022

1,189,073

Additions

164,726

At 31 March 2023

1,353,799

DEPRECIATION

At 1 April 2022

232,569

Charge for year

51,165

At 31 March 2023

283,734

NET BOOK VALUE

At 31 March 2023

1,070,065

At 31 March 2022

956,504