Company Registration No. 01176319 (England and Wales)
IVOR CHAMBERS (FARMS) LIMITED
Unaudited accounts
for the year ended 30 April 2023
IVOR CHAMBERS (FARMS) LIMITED
Unaudited accounts
Contents
IVOR CHAMBERS (FARMS) LIMITED
Company Information
for the year ended 30 April 2023
Directors
Christopher Chambers
Ivor Chambers
Company Number
01176319 (England and Wales)
Registered Office
Fleece House
Markfield Road
Ratby
Leicester
LE6 0LU
England
Accountants
City Tax Shop Limited
8 Ridge House Drive
Festival Park
Stoke-on-Trent
Staffs
ST1 5SJ
IVOR CHAMBERS (FARMS) LIMITED
Statement of financial position
as at 30 April 2023
Tangible assets
885,971
856,481
Inventories
125,950
139,800
Cash at bank and in hand
101,860
10,605
Creditors: amounts falling due within one year
(106,767)
(61,643)
Net current assets
186,406
157,137
Total assets less current liabilities
1,072,377
1,013,618
Creditors: amounts falling due after more than one year
(33,079)
(42,298)
Net assets
1,039,298
971,320
Called up share capital
100
100
Profit and loss account
1,039,198
971,220
Shareholders' funds
1,039,298
971,320
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 25 October 2023 and were signed on its behalf by
Ivor Chambers
Director
Company Registration No. 01176319
IVOR CHAMBERS (FARMS) LIMITED
Notes to the Accounts
for the year ended 30 April 2023
IVOR CHAMBERS (FARMS) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 01176319. The registered office is Fleece House, Markfield Road, Ratby, Leicester, LE6 0LU, England.
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.
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:
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2022
447,072
756,431
6,900
1,210,403
Additions
-
79,316
-
79,316
At 30 April 2023
447,072
835,747
6,900
1,289,719
At 1 May 2022
36,041
312,120
5,761
353,922
Charge for the year
99
49,157
570
49,826
At 30 April 2023
36,140
361,277
6,331
403,748
At 30 April 2023
410,932
474,470
569
885,971
At 30 April 2022
411,031
444,311
1,139
856,481
Amounts falling due within one year
Trade debtors
55,835
62,766
Accrued income and prepayments
4,500
4,500
IVOR CHAMBERS (FARMS) LIMITED
Notes to the Accounts
for the year ended 30 April 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
84,409
33,561
Taxes and social security
19,199
22,477
Other creditors
2,111
4,518
Loans from directors
1,048
1,087
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).