REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st January 2023 |
for |
Sharnford Horticultural Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st January 2023 |
for |
Sharnford Horticultural Limited |
Sharnford Horticultural Limited (Registered number: 04602896) |
Contents of the Financial Statements |
for the Year Ended 31st January 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Sharnford Horticultural Limited |
Company Information |
for the Year Ended 31st January 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Watling Offices |
Smockington Lane |
Wolvey |
Hinckley |
Leicestershire |
LE10 3AY |
Sharnford Horticultural Limited (Registered number: 04602896) |
Balance Sheet |
31st January 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
Sharnford Horticultural Limited (Registered number: 04602896) |
Balance Sheet - continued |
31st January 2023 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Sharnford Horticultural Limited (Registered number: 04602896) |
Notes to the Financial Statements |
for the Year Ended 31st January 2023 |
1. | STATUTORY INFORMATION |
Sharnford Horticultural Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents net invoiced sales of goods and services, excluding value added tax. |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Improvements to property | - |
Plant and machinery | - |
Fixtures and fittings | - |
Motor vehicles | - |
Stocks |
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1st February 2022 |
and 31st January 2023 |
AMORTISATION |
At 1st February 2022 |
and 31st January 2023 |
NET BOOK VALUE |
At 31st January 2023 |
At 31st January 2022 |
Sharnford Horticultural Limited (Registered number: 04602896) |
Notes to the Financial Statements - continued |
for the Year Ended 31st January 2023 |
5. | TANGIBLE FIXED ASSETS |
Improvements | Fixtures |
to | Plant and | and | Motor |
property | machinery | fittings | vehicles | Totals |
£ | £ | £ | £ | £ |
COST |
At 1st February 2022 |
and 31st January 2023 |
DEPRECIATION |
At 1st February 2022 |
Charge for year |
At 31st January 2023 |
NET BOOK VALUE |
At 31st January 2023 |
At 31st January 2022 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Social security and other tax |
Prepayments |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade creditors |
Social security and other taxes |
Accrued expenses |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Intercompany account - |
Sharnford Tractors Limited |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary shares | £1 | 100 | 100 |
Sharnford Horticultural Limited (Registered number: 04602896) |
Notes to the Financial Statements - continued |
for the Year Ended 31st January 2023 |
10. | OTHER FINANCIAL COMMITMENTS |
At the year end the company had annual financial commitments provided in respect of rents payable for premises at Frolesworth Lodge Farm, Frolesworth, Leicestershire of £27,500 (2022 £27,500) under a lease dated 2nd March 2005. |