COLE HILL FARM LIMITED

Company Registration Number:
10515610 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

COLE HILL FARM LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

COLE HILL FARM LIMITED

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 791,881 598,991
Investments:   0 0
Total fixed assets: 791,881 598,991
Current assets
Stocks: 903,800 633,580
Debtors: 4 20,909 64,672
Cash at bank and in hand: 141,216 185,889
Investments:   0 0
Total current assets: 1,065,925 884,141
Creditors: amounts falling due within one year:   (1,087,495) (971,565)
Net current assets (liabilities): (21,570) (87,424)
Total assets less current liabilities: 770,311 511,567
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 770,311 511,567
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 770,211 511,467
Shareholders funds: 770,311 511,567

The notes form part of these financial statements

COLE HILL FARM LIMITED

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 October 2023
and signed on behalf of the board by:

Name: D J Bailes
Status: Director

The notes form part of these financial statements

COLE HILL FARM LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

COLE HILL FARM LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 3 3

COLE HILL FARM LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible Assets

Total
Cost £
At 01 March 2022 1,115,299
Additions 383,241
Disposals (33,750)
Revaluations 0
Transfers 0
At 28 February 2023 1,464,790
Depreciation
At 01 March 2022 516,308
Charge for year 180,399
On disposals (23,798)
At 28 February 2023 672,909
Net book value
At 28 February 2023 791,881
At 28 February 2022 598,991

COLE HILL FARM LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

COLE HILL FARM LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Loans to directors

Included in the creditors is a loan owing to the directors of £847,960 (£849,606, 2022). The loan is interest free.

COLE HILL FARM LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

6. Related party transactions

Dividends totalling £3,847 (£3,847, 2022) were paid in the year in respect of shares held by the company's directors.