Company registration number 09941641 (England and Wales)
PD SNELL T/A DAIRY FARM SERVICES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
PAGES FOR FILING WITH REGISTRAR
PD SNELL T/A DAIRY FARM SERVICES LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 4
PD SNELL T/A DAIRY FARM SERVICES LTD
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PD SNELL T/A DAIRY FARM SERVICES LTD FOR THE YEAR ENDED 31 JANUARY 2023
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PD Snell T/A Dairy Farm Services Ltd for the year ended 31 January 2023 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of PD Snell T/A Dairy Farm Services Ltd, as a body, in accordance with the terms of our engagement letter dated 29 August 2017. Our work has been undertaken solely to prepare for your approval the financial statements of PD Snell T/A Dairy Farm Services Ltd and state those matters that we have agreed to state to the Board of Directors of PD Snell T/A Dairy Farm Services Ltd, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PD Snell T/A Dairy Farm Services Ltd and its Board of Directors as a body, for our work or for this report.
It is your duty to ensure that PD Snell T/A Dairy Farm Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of PD Snell T/A Dairy Farm Services Ltd. You consider that PD Snell T/A Dairy Farm Services Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of PD Snell T/A Dairy Farm Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Azets
2 October 2023
Lime Court
Pathfields Business Park
South Molton
Devon
United Kingdom
EX36 3LH
PD SNELL T/A DAIRY FARM SERVICES LTD
BALANCE SHEET
AS AT
31 JANUARY 2023
31 January 2023
- 2 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
247,317
196,681
Current assets
Stocks
29,750
29,750
Debtors
4
68,129
46,255
Cash at bank and in hand
173,474
174,018
271,353
250,023
Creditors: amounts falling due within one year
5
(144,300)
(165,336)
Net current assets
127,053
84,687
Total assets less current liabilities
374,370
281,368
Provisions for liabilities
(46,990)
(14,832)
Net assets
327,380
266,536
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
327,280
266,436
Total equity
327,380
266,536
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 2 October 2023
Mr P D Snell
Director
Company Registration No. 09941641
PD SNELL T/A DAIRY FARM SERVICES LTD
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2023
31 January 2023
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1
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
4
5
3
Tangible fixed assets
Plant and machinery
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 February 2022
163,971
4,650
109,708
278,329
Additions
101,399
2,592
37,095
141,086
Disposals
(46,145)
(16,660)
(62,805)
At 31 January 2023
219,225
7,242
130,143
356,610
Depreciation and impairment
At 1 February 2022
32,367
686
48,594
81,647
Depreciation charged in the year
25,409
726
16,902
43,037
Eliminated in respect of disposals
(6,345)
(9,046)
(15,391)
At 31 January 2023
51,431
1,412
56,450
109,293
Carrying amount
At 31 January 2023
167,794
5,830
73,693
247,317
At 31 January 2022
131,604
3,963
61,114
196,681
Last year c/fwd cost
163,971
4,649
109,708
Differs from this year b/fwd by
-
1
-
PD SNELL T/A DAIRY FARM SERVICES LTD
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2023
31 January 2023
- 4 -
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
67,478
42,650
Other debtors
651
3,605
68,129
46,255
5
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
89,330
115,423
Taxation and social security
7,567
Other creditors
47,403
49,913
144,300
165,336