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REGISTERED NUMBER: 05530352 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

FOR

EAST SHAWS FARM LIMITED

EAST SHAWS FARM LIMITED (REGISTERED NUMBER: 05530352)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EAST SHAWS FARM LIMITED

COMPANY INFORMATION
for the Year Ended 31 October 2022







DIRECTORS: N Fox
Mrs A F Fox





SECRETARY: N Fox





REGISTERED OFFICE: East Shaws Farm
Westwick
Barnard Castle
Co. Durham
DL12 8UT





REGISTERED NUMBER: 05530352 (England and Wales)





ACCOUNTANTS: Bairstow and Atkinson Chartered Accountants
Carlton House
Bull Close Lane
Halifax
West Yorkshire
HX1 2EG

EAST SHAWS FARM LIMITED (REGISTERED NUMBER: 05530352)

BALANCE SHEET
31 October 2022

31.10.22 31.10.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,050 1,400
Tangible assets 5 213,783 155,533
Investments 6 1 1
214,834 156,934

CURRENT ASSETS
Stocks 110,422 8,745
Debtors 7 33,039 199,601
Cash at bank 151,200 55,104
294,661 263,450
CREDITORS
Amounts falling due within one year 8 437,590 374,615
NET CURRENT LIABILITIES (142,929 ) (111,165 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

71,905

45,769

PROVISIONS FOR LIABILITIES 17,421 7,715
NET ASSETS 54,484 38,054

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 53,484 37,054
SHAREHOLDERS' FUNDS 54,484 38,054

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2022 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2023 and were signed on its behalf by:




N Fox - Director


EAST SHAWS FARM LIMITED (REGISTERED NUMBER: 05530352)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2022

1. STATUTORY INFORMATION

East Shaws Farm 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.

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

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

EAST SHAWS FARM LIMITED (REGISTERED NUMBER: 05530352)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2022

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2021 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 November 2021
and 31 October 2022 3,500
AMORTISATION
At 1 November 2021 2,100
Charge for year 350
At 31 October 2022 2,450
NET BOOK VALUE
At 31 October 2022 1,050
At 31 October 2021 1,400

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 November 2021 141,832 93,905 36,283
Additions - 34,402 -
At 31 October 2022 141,832 128,307 36,283
DEPRECIATION
At 1 November 2021 26,904 61,837 32,664
Charge for year 2,836 13,137 250
At 31 October 2022 29,740 74,974 32,914
NET BOOK VALUE
At 31 October 2022 112,092 53,333 3,369
At 31 October 2021 114,928 32,068 3,619

EAST SHAWS FARM LIMITED (REGISTERED NUMBER: 05530352)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2022

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 November 2021 5,800 757 278,577
Additions 51,000 4,067 89,469
At 31 October 2022 56,800 4,824 368,046
DEPRECIATION
At 1 November 2021 1,450 189 123,044
Charge for year 13,837 1,159 31,219
At 31 October 2022 15,287 1,348 154,263
NET BOOK VALUE
At 31 October 2022 41,513 3,476 213,783
At 31 October 2021 4,350 568 155,533

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 November 2021
and 31 October 2022 1
NET BOOK VALUE
At 31 October 2022 1
At 31 October 2021 1

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.22 31.10.21
£    £   
Trade debtors 2,131 194,500
VAT 8,866 2,476
Prepayments 22,042 2,625
33,039 199,601

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.22 31.10.21
£    £   
Trade creditors 252,709 274,013
Amounts owed to group undertakings 157,481 40,620
Tax 12,648 50,253
Social security and other taxes 92 306
Pension control account 96 66
Wages 1,784 2,357
Accrued expenses 12,780 7,000
437,590 374,615

EAST SHAWS FARM LIMITED (REGISTERED NUMBER: 05530352)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2022

9. RELATED PARTY DISCLOSURES

Fox Formulated Feeds Limited
Parent Company

Dividend paid in the year £150,000 (2021 £100,000)

31.10.22 31.10.21
£ £
Amount due (to)/from related party at balance sheet date 157,481 40,620

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N Fox.