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REGISTERED NUMBER: 01531768 (England and Wales)















EXPERT AGRICULTURE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022






EXPERT AGRICULTURE LIMITED (REGISTERED NUMBER: 01531768)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 4


EXPERT AGRICULTURE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTOR: M A Greetham





REGISTERED OFFICE: The Coach House at the Orangery
Denby Grange
Grange Moor
Wakefield
Yorkshire
WF4 4BE





REGISTERED NUMBER: 01531768 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
26 Park Road
Melton Mowbray
Leicestershire
LE13 1TT

EXPERT AGRICULTURE LIMITED (REGISTERED NUMBER: 01531768)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 2,053 734

CURRENT ASSETS
Inventories 14,844 19,763
Debtors 5 34,403 14,025
Cash at bank 29,603 97,193
78,850 130,981
CREDITORS
Amounts falling due within one year 6 14,355 56,740
NET CURRENT ASSETS 64,495 74,241
TOTAL ASSETS LESS CURRENT LIABILITIES 66,548 74,975

PROVISIONS FOR LIABILITIES 390 140
NET ASSETS 66,158 74,835

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 66,156 74,833
SHAREHOLDERS' FUNDS 66,158 74,835

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 August 2022 and were signed by:





M A Greetham - Director


EXPERT AGRICULTURE LIMITED (REGISTERED NUMBER: 01531768)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

Expert Agriculture Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Work in progress
Work in progress are valued at the lower of cost and estimated selling price less costs to complete. Uncompleted client work at the year end has been reflected in the financial statements as work in progress.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

EXPERT AGRICULTURE LIMITED (REGISTERED NUMBER: 01531768)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2021 1,986
Additions 1,831
At 31 March 2022 3,817
DEPRECIATION
At 1 April 2021 1,252
Charge for year 512
At 31 March 2022 1,764
NET BOOK VALUE
At 31 March 2022 2,053
At 31 March 2021 734

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 34,245 13,830
Other debtors - 26
Prepayments 158 169
34,403 14,025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 109 1,637
Taxation 5,214 7,140
Other taxes and social security 4,535 2,765
Directors' current accounts 2,355 43,753
Accruals 2,142 1,445
14,355 56,740

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
2 Ordinary shares £1 2 2