Company Registration No. 06127103 (England and Wales)
Bressingham Mushrooms Ltd
Unaudited accounts
for the year ended 31 May 2023
Bressingham Mushrooms Ltd
Unaudited accounts
Contents
Bressingham Mushrooms Ltd
Company Information
for the year ended 31 May 2023
Directors
Mr Robert Aldous
Mrs Helen Aldous
Company Number
06127103 (England and Wales)
Registered Office
BIDWELL ROAD
RACKHEATH INDUSTRIAL ESTATE
RACKHEATH, NORWICH
NORFOLK
NR13 6PT
Accountants
C B Accounts Ltd
Harvest Cottage
Airfield Road
Fersfield
Norfolk
IP22 2FF
Bressingham Mushrooms Ltd
Statement of financial position
as at 31 May 2023
Tangible assets
170,731
198,657
Creditors: amounts falling due within one year
(379,866)
(238,117)
Net current (liabilities)/assets
(43,902)
100,439
Total assets less current liabilities
126,829
299,096
Creditors: amounts falling due after more than one year
-
(78,760)
Net assets
126,829
220,336
Called up share capital
200
200
Profit and loss account
126,629
220,136
Shareholders' funds
126,829
220,336
For the year ending 31 May 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 17 October 2023 and were signed on its behalf by
Mr Robert Aldous
Director
Company Registration No. 06127103
Bressingham Mushrooms Ltd
Notes to the Accounts
for the year ended 31 May 2023
Bressingham Mushrooms Ltd is a private company, limited by shares, registered in England and Wales, registration number 06127103. The registered office is BIDWELL ROAD, RACKHEATH INDUSTRIAL ESTATE, RACKHEATH, NORWICH, NORFOLK, NR13 6PT. The principal place of business is Stone Lane, Diss, Norfolk, IP22 2BW.
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:
Land & buildings
10% Straight Line
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% Straight LIne
Bressingham Mushrooms Ltd
Notes to the Accounts
for the year ended 31 May 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2022
193,733
417,211
42,047
2,975
655,966
Additions
-
14,115
-
-
14,115
Disposals
-
(4,767)
-
-
(4,767)
At 31 May 2023
193,733
426,559
42,047
2,975
665,314
At 1 June 2022
53,823
379,289
21,677
2,520
457,309
Charge for the year
10,578
23,712
5,093
275
39,658
On disposals
-
(2,384)
-
-
(2,384)
At 31 May 2023
64,401
400,617
26,770
2,795
494,583
At 31 May 2023
129,332
25,942
15,277
180
170,731
At 31 May 2022
139,910
37,922
20,370
455
198,657
Raw materials
50,850
50,850
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Amounts falling due within one year
Trade debtors
189,464
173,721
Other debtors
76,000
96,000
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,451
13,238
Trade creditors
218,696
139,752
Taxes and social security
13,212
4,736
Other creditors
63,107
36,495
Loans from directors
78,400
43,896
Bressingham Mushrooms Ltd
Notes to the Accounts
for the year ended 31 May 2023
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
833
9
Transactions with related parties
The company is owned by Mr R Aldous with 100 shares and Mrs H Aldous with 100 shares. At the year end the company owed £78,398 (2022: £43,896) to the directors.
10
Average number of employees
During the year the average number of employees was 24 (2022: 25).