Company Registration No. 9424176 (England and Wales)
Ed Royle Agricultural Ltd
Unaudited accounts
for the year ended 31 March 2023
Ed Royle Agricultural Ltd
Unaudited accounts
Contents
Ed Royle Agricultural Ltd
Company Information
for the year ended 31 March 2023
Company Number
9424176 (England and Wales)
Registered Office
The Workshop
Painesbrook Lane
Hadnall
Shropshire
SY4 4BA
Ed Royle Agricultural Ltd
Statement of financial position
as at 31 March 2023
Intangible assets
2,000
3,000
Tangible assets
9,029
10,644
Cash at bank and in hand
109,879
73,937
Creditors: amounts falling due within one year
(75,893)
(53,337)
Net current assets
97,062
88,440
Net assets
108,091
102,084
Called up share capital
1,000
1,000
Profit and loss account
107,091
101,084
Shareholders' funds
108,091
102,084
For the year ending 31 March 2023 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 10 October 2023 and were signed on its behalf by
Edward Royle
Director
Company Registration No. 9424176
Ed Royle Agricultural Ltd
Notes to the Accounts
for the year ended 31 March 2023
Ed Royle Agricultural Ltd is a private company, limited by shares, registered in England and Wales, registration number 9424176. The registered office is The Workshop, Painesbrook Lane, Hadnall, Shropshire, SY4 4BA.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill
Ed Royle Agricultural Ltd
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
4,178
6,205
7,723
18,106
At 31 March 2023
4,178
6,205
7,723
18,106
At 1 April 2022
-
3,781
3,681
7,462
Charge for the year
-
604
1,011
1,615
At 31 March 2023
-
4,385
4,692
9,077
At 31 March 2023
4,178
1,820
3,031
9,029
At 31 March 2022
4,178
2,424
4,042
10,644
Amounts falling due within one year
Trade debtors
58,017
58,017
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
3,975
8,280
Taxes and social security
11,450
3,376
Loans from directors
60,215
41,406
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
The ultimate controlling party of Ed Royle Agricultural Ltd is Edward George Royle, shareholder and sole director
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).