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Financial Statements |
Contents |
Pages |
Statement of financial position |
1 to 2 |
Notes to the financial statements |
3 to 9 |
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Statement of Financial Position |
2022 |
2021 |
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Note |
£ |
£ |
Intangible assets |
6 |
– |
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Tangible assets |
7 |
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Investments |
8 |
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Stocks |
9 |
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Debtors |
10 |
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Investments |
11 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
12 |
(
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(
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
13 |
(
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(
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Provisions |
14 |
(
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(
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Net assets |
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Called up share capital |
16 |
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Profit and loss account |
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Shareholders funds |
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Statement of Financial Position (continued) |
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Director |
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Notes to the Financial Statements |
Goodwill |
- |
over its estimated economic life of 5 years
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Milk quota |
- |
on a straighline basis over 10 years
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Freehold property |
- |
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Plant and machinery |
- |
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2022 |
2021 |
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£ |
£ |
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UK current tax expense |
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Adjustments in respect of prior periods |
– |
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Total current tax |
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Origination and reversal of timing differences |
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Tax on profit |
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Goodwill |
Milk quota |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 April 2021 and 31 March 2022 |
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204,430 |
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Amortisation |
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At 1 April 2021 |
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204,430 |
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Charge for the year |
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– |
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--------- |
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At 31 March 2022 |
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204,430 |
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Carrying amount |
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At 31 March 2022 |
– |
– |
– |
-------- |
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At 31 March 2021 |
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– |
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Freehold property |
Plant and machinery |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 April 2021 |
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Additions |
– |
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Disposals |
– |
(
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(
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At 31 March 2022 |
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Depreciation |
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At 1 April 2021 |
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Charge for the year |
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Disposals |
– |
(
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(
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--------- |
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At 31 March 2022 |
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Carrying amount |
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At 31 March 2022 |
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At 31 March 2021 |
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Plant and machinery |
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£ |
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At 31 March 2022 |
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--------- |
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At 31 March 2021 |
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Other investments |
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£ |
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Cost |
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At 1 April 2021 and 31 March 2022 |
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------- |
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Impairment |
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At 1 April 2021 and 31 March 2022 |
– |
------- |
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Carrying amount |
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At 31 March 2022 |
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------- |
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At 31 March 2021 |
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------- |
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2022 |
2021 |
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£ |
£ |
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Total stock |
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2022 | 2021 | ||
£ | £ | ||
Livestock | 103,080 | 81,660 | |
Feed, forage and bedding | 29,316 | 19,683 | |
Fertiliser | 50,189 | 7,543 | |
Dairy Herd | 540,000 | 518,400 | |
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722,585 | 627,286 | ||
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2022 |
2021 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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2022 |
2021 |
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£ |
£ |
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Other investments |
121,000 |
121,000 |
Listed investments |
17 |
56 |
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2022 |
2021 |
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£ |
£ |
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Bank loans and overdrafts (secured) |
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Trade creditors |
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Hire purchase agreements (secured) |
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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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2022 |
2021 |
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£ |
£ |
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Bank loans and overdrafts (secured) |
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Hire purchase agreements (secured) |
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Other creditors |
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Deferred tax (note 15) |
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£ |
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At 1 April 2021 |
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Additions |
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--------- |
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At 31 March 2022 |
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--------- |
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2022 |
2021 |
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£ |
£ |
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Included in provisions (note 14) |
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2022 |
2021 |
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£ |
£ |
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Accelerated capital allowances |
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-------- |
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2022 |
2021 |
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No. |
£ |
No. |
£ |
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100 |
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100 |
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