REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1st March 2017 to 31st March 2018 |
for |
Yorkwold (Overseas) Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1st March 2017 to 31st March 2018 |
for |
Yorkwold (Overseas) Limited |
Yorkwold (Overseas) Limited (Registered number: 05269772) |
Contents of the Financial Statements |
for the period 1st March 2017 to 31st March 2018 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Yorkwold (Overseas) Limited |
Company Information |
for the period 1st March 2017 to 31st March 2018 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Regent's Court |
Princess Street |
Hull |
East Yorkshire |
HU2 8BA |
Yorkwold (Overseas) Limited (Registered number: 05269772) |
Balance Sheet |
31st March 2018 |
2018 | 2017 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 3 |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
Yorkwold (Overseas) Limited (Registered number: 05269772) |
Balance Sheet - continued |
31st March 2018 |
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered. |
The financial statements were approved by the Board of Directors on on its behalf by: |
Yorkwold (Overseas) Limited (Registered number: 05269772) |
Notes to the Financial Statements |
for the period 1st March 2017 to 31st March 2018 |
1. | STATUTORY INFORMATION |
Yorkwold (Overseas) Limited is a |
Wales. 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 |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, |
rebates, value added tax and other sales taxes. |
Intangible fixed assets - entitlements |
Basic Payment Scheme entitlements are initially recognised at cost and are amortised on a straight |
line basis over their expected useful life. The Basic Payment Scheme commenced in 2015 and the |
cessation year is expected to be 2022. |
Tangible fixed assets |
Land - Nil |
Investments in associates |
Investments in associate undertakings are recognised at costs, less impairment. |
Stocks |
Stocks, including biological assets, are stated at the lower of cost and net realisable value. Cost is |
determined using the first-in, first-out (FIFO) method and represents costs incurred to date to bring |
growing crops and finished produce to its current state. Net realisable value is estimated selling price |
in the ordinary course of business, less applicable variable selling expenses. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at |
the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of |
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at |
the operating result. |
Yorkwold (Overseas) Limited (Registered number: 05269772) |
Notes to the Financial Statements - continued |
for the period 1st March 2017 to 31st March 2018 |
3. | INTANGIBLE FIXED ASSETS |
Other |
intangible |
assets |
£ |
COST |
At 1st March 2017 |
and 31st March 2018 |
AMORTISATION |
At 1st March 2017 |
Charge for period |
At 31st March 2018 |
NET BOOK VALUE |
At 31st March 2018 |
At 28th February 2017 |
Intangible fixed assets comprise of Basic Payment Scheme entitlements only. |
4. | TANGIBLE FIXED ASSETS |
Freehold |
property |
£ |
COST |
At 1st March 2017 |
and 31st March 2018 |
NET BOOK VALUE |
At 31st March 2018 |
At 28th February 2017 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
Yorkwold (Overseas) Limited (Registered number: 05269772) |
Notes to the Financial Statements - continued |
for the period 1st March 2017 to 31st March 2018 |
7. | RELATED PARTY DISCLOSURES |
Entities with control, joint control or significant influence over the entity |
2018 | 2017 |
£ | £ |
Dividend paid | 1,900,000 | 250,000 |
Amounts due to related party | 8,057 | 18,069 |
Other related parties (in the aggregate) |
2018 | 2017 |
£ | £ |
Purchases | 40,801 | 38,614 |
Sales | 228,889 | 88,484 |
Amounts due from | 166,781 | 39,906 |