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Company Registration No. 09996798 (England and Wales)
Moulton Farm Machinery Ltd Unaudited accounts for the year ended 31 December 2022
Moulton Farm Machinery Ltd Unaudited accounts Contents
Page
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Moulton Farm Machinery Ltd Company Information for the year ended 31 December 2022
Director
MJ Moulton
Secretary
James Hall
Company Number
09996798 (England and Wales)
Registered Office
6 Launceston Drive Hugglescote Coalville Leicestershire LE67 2HW
Accountants
Lime Associates 12 New Mill The Flour Mills Burton on Trent Staffordshire DE15 0TP
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Moulton Farm Machinery Ltd Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,548 
3,934 
Current assets
Inventories
46,375 
20,689 
Debtors
65,129 
48,000 
Cash at bank and in hand
4,968 
23,857 
116,472 
92,546 
Creditors: amounts falling due within one year
(99,203)
(69,023)
Net current assets
17,269 
23,523 
Total assets less current liabilities
20,817 
27,457 
Creditors: amounts falling due after more than one year
(100,161)
(100,776)
Net liabilities
(79,344)
(73,319)
Capital and reserves
Called up share capital
100 
100 
Capital redemption reserve
(1,074)
(1,074)
Profit and loss account
(78,370)
(72,345)
Shareholders' funds
(79,344)
(73,319)
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2023 and were signed on its behalf by
MJ Moulton Director Company Registration No. 09996798
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Moulton Farm Machinery Ltd Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Moulton Farm Machinery Ltd is a private company, limited by shares, registered in England and Wales, registration number 09996798. The registered office is 6 Launceston Drive, Hugglescote, Coalville, Leicestershire, LE67 2HW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2022
25,471 
Additions
877 
At 31 December 2022
26,348 
Depreciation
At 1 January 2022
21,537 
Charge for the year
1,263 
At 31 December 2022
22,800 
Net book value
At 31 December 2022
3,548 
At 31 December 2021
3,934 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
65,029 
47,551 
Accrued income and prepayments
- 
206 
Other debtors
100 
243 
65,129 
48,000 
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Moulton Farm Machinery Ltd Notes to the Accounts for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
17,325 
9,626 
VAT
6,424 
7,499 
Trade creditors
59,760 
27,717 
Taxes and social security
16,312 
25,897 
Other creditors
1,390 
1,038 
Loans from directors
(2,008)
(2,754)
99,203 
69,023 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
48,948 
35,374 
Other creditors
51,213 
65,402 
100,161 
100,776 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
MJ Moulton
Director's Loan Account
2,754 
- 
- 
2,754 
2,754 
- 
- 
2,754 
The director's loan is repayable in full by 30/9/2022
9
Average number of employees
During the year the average number of employees was 3 (2021: 3).
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