Registered number: 09384590 | ||||||||
FOR THE YEAR ENDED 31/01/2023 | ||||||||
Prepared By: | ||||||||
IUVO Services Limited | ||||||||
Chartered Accountants | ||||||||
10 The Crescent | ||||||||
Little Leighs | ||||||||
Chelmsford | ||||||||
Essex | ||||||||
CM3 1LY |
Thulbourne Agricultural Contractor Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/01/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Norfolk | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 09384590 | ||||||||
ACCOUNTANTS | ||||||||
IUVO Services Limited | ||||||||
Chartered Accountants | ||||||||
10 The Crescent | ||||||||
Little Leighs | ||||||||
Chelmsford | ||||||||
Essex | ||||||||
CM3 1LY |
Thulbourne Agricultural Contractor Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/01/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Thulbourne Agricultural Contractor Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
14,410 | 11,839 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT LIABILITIES | ( | (2,452) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | |||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 5,600 | 7,520 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | (10,122) | (4,576) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Thulbourne Agricultural Contractor Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/01/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Going Concern | ||||||||
At the year end date the company's liabilities exceeded its assets by £10,121 (2022: £4,575). The director believes this situation can be remedied by reducing expenses including leasing instalments and has made provision to do so. As a result the accounts are prepared on a going concern basis. |
1c. Depreciation | ||||||||
Plant and Machinery | reducing balance 20% | |||||||
Motor Cars | reducing balance 25% |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
Thulbourne Agricultural Contractor Limited | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||||||
Plant and | ||||||||||
Machinery | Motor Cars | Total | ||||||||
£ | £ | £ | ||||||||
Cost | ||||||||||
At 01/02/2022 | 2,413 | 26,900 | 29,313 | |||||||
At 31/01/2023 | 2,413 | 26,900 | 29,313 | |||||||
Depreciation | ||||||||||
At 01/02/2022 | 1,703 | 22,113 | 23,816 | |||||||
For the year | 142 | 1,197 | 1,339 | |||||||
At 31/01/2023 | 1,845 | 23,310 | 25,155 | |||||||
Net Book Amounts | ||||||||||
At 31/01/2023 | 4,158 | |||||||||
At 31/01/2022 | 5,497 | |||||||||
Tangible assets includes vehicles at a written down value of £nil (2022: £4,787) that are held subject to lease agreements. | ||||||||||
4. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 828 | 1,000 | ||||||
Other debtors | 3,331 | 6,178 | ||||||
Directors current account | 10,242 | 4,661 | ||||||
14,401 | 11,839 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 4,548 | 1,605 | ||||||
VAT | 12,113 | 5,408 | ||||||
Bank loans and overdrafts | - | 29 | ||||||
Bank Loan | 1,920 | 1,920 | ||||||
Hire purchase | - | 1,546 | ||||||
Trade creditors | 2,658 | 2,908 | ||||||
Accruals | 1,750 | 875 | ||||||
22,989 | 14,291 | |||||||
Thulbourne Agricultural Contractor Limited | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans (unsecured) >1yr | 5,600 | 7,520 | ||||||
5,600 | 7,520 | |||||||
7. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | 100 | 100 | ||||||
100 | 100 | |||||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
1 | 1 | |||||||
1 | 1 | |||||||
9. CONTROLLING PARTY | ||||||||
The company is controlled by A Thulbourne, the director. | ||||||||
10. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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