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REGISTERED NUMBER: 07237993 (England and Wales)















AGRICOLA STORAGE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






AGRICOLA STORAGE LIMITED (REGISTERED NUMBER: 07237993)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AGRICOLA STORAGE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: J R Loder-Symonds
Mrs E R L Loder-Symonds





SECRETARY: Mrs E R L Loder-Symonds





REGISTERED OFFICE: Hazelbank The Street
Goodnestone
Canterbury
Kent
CT3 1PG





REGISTERED NUMBER: 07237993 (England and Wales)





ACCOUNTANTS: Spurling Cannon
Chartered Certified Accountants
424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ

AGRICOLA STORAGE LIMITED (REGISTERED NUMBER: 07237993)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 335,043 352,435

CURRENT ASSETS
Debtors 5 10,423 10,132
Cash at bank and in hand 50,053 7,711
60,476 17,843
CREDITORS
Amounts falling due within one year 6 (25,844 ) (22,766 )
NET CURRENT ASSETS/(LIABILITIES) 34,632 (4,923 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

369,675

347,512

PROVISIONS FOR LIABILITIES (31,801 ) (31,801 )
NET ASSETS 337,874 315,711

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 7 171,014 171,014
Retained earnings 166,760 144,597
337,874 315,711

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

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.

AGRICOLA STORAGE LIMITED (REGISTERED NUMBER: 07237993)

BALANCE SHEET - continued
31 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 October 2023 and were signed on its behalf by:





J R Loder-Symonds - Director


AGRICOLA STORAGE LIMITED (REGISTERED NUMBER: 07237993)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Agricola Storage Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

AGRICOLA STORAGE LIMITED (REGISTERED NUMBER: 07237993)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Plant and Fixture &
machinery Fittings Totals
£    £    £   
COST OR VALUATION
At 1 April 2022 338,500 35,387 373,887
Additions - 122 122
At 31 March 2023 338,500 35,509 374,009
DEPRECIATION
At 1 April 2022 - 21,452 21,452
Charge for year 10,774 6,740 17,514
At 31 March 2023 10,774 28,192 38,966
NET BOOK VALUE
At 31 March 2023 327,726 7,317 335,043
At 31 March 2022 338,500 13,935 352,435

Cost or valuation at 31 March 2023 is represented by:

Plant and Fixture &
machinery Fittings Totals
£    £    £   
Valuation in 2023 123,027 - 123,027
Cost 215,473 35,509 250,982
338,500 35,509 374,009

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 7,332 7,126
Other debtors 3,091 3,006
10,423 10,132

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1 2,962
Taxation and social security 14,426 4,898
Other creditors 11,417 14,906
25,844 22,766

AGRICOLA STORAGE LIMITED (REGISTERED NUMBER: 07237993)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

7. RESERVES
Revaluation
reserve
£   
At 1 April 2022
and 31 March 2023 171,014