CANNINGS_CROSS_FARMS_LTD - Accounts


Company registration number 02421165 (England and Wales)
CANNINGS CROSS FARMS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
CANNINGS CROSS FARMS LTD
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
951,340
775,878
Current assets
889,432
1,403,794
Prepayments and accrued income
2,679
-
0
Creditors: amounts falling due within one year
(75,905)
(352,490)
Net current assets
816,206
1,051,304
Total assets less current liabilities
1,767,546
1,827,182
Accruals and deferred income
(3,250)
(7,030)
Net assets
1,764,296
1,820,152
Capital and reserves
1,764,296
1,820,152
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

During the year £53,468.13 was advanced to a director and £64,502.91 was subsequently repaid. The balance owed by the director at the beginning of the year was £24,895.09 and the balance owed by the director at the end of the year was £14,511.68. This loan is charged at 2% over £10,000, unsecured and has no repayment terms.

 

During the year £500.00 was advanced to a director and £13,574.73 was subsequently repaid. The balance owed by the director at the beginning of the year was £3,074.73 and the balance owed by the director at the end of the year was £Nil. This loan is charged at 2% over £10,000, unsecured and has no repayment terms.

2
Employees

 

2024
2023
Number
Number
Employees
4
4

Cannings Cross Farms Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Cannings Cross Farm, Cannings Cross, All Cannings, DEVIZES, Wiltshire, SN10 3NP.

For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

CANNINGS CROSS FARMS LTD
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 2 -

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.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 28 May 2024 and are signed on its behalf by:
..............................................
Mr T Daw
Company registration number 02421165 (England and Wales)
CANNINGS CROSS FARMS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 3 -
1
Fixed asset investments
2024
2023
£
£
Investments
201,938
31,129
Movements in fixed asset investments
Investments other than loans
£
Cost or valuation
At 1 April 2023
31,129
Disposals
170,809
At 31 March 2024
201,938
Carrying amount
At 31 March 2024
201,938
At 31 March 2023
31,129
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