Registered Number:NI609544 |
For the period ended 31 October 2022
Northern Ireland
Unaudited Financial Statements
For the period ended 31 October 2022
C & N Farms Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
C & N Farms Limited
Statement of Financial Position
2022
2022
Property, plant and equipment |
-
8,440
2
-
8,440
14,287
-
3
Trade and other receivables |
5,033
3,902
4
54,565
Cash and cash equivalents |
75,268
79,170
73,885
Trade and other payables: amounts falling due within one |
year |
(66,435)
(79,168)
5
7,450
2
Net current assets
Total assets less current liabilities |
2
15,890
2
Net assets
15,890
2
2
-
15,888
2
15,890
Shareholders' funds
For the period ended 31 October 2022 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 of its financial statements for the period ended 31 October 2022 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 02 November 2023 and were signed by: |
The notes form part of these financial statements |
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For the period ended 31 October 2022
C & N Farms Limited
Notes to the Financial Statements
Statutory Information
C & N Farms Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration |
number NI609544. |
C/o Noel Conn & Company
7 Seven Houses, Upper English Street
Armagh
County Armagh
BT61 7LA
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
2 of 4
For the period ended 31 October 2022
C & N Farms Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
15,668
(15,668)
-
Provision for depreciation and impairment |
7,228
(7,228)
-
-
8,440
2022
2022
-
14,287
4. Trade and other receivables |
2022
2022
3,902
5,033
5. Trade and other payables: amounts falling due within one year |
2022
2022
576
576
321
3,299
Taxation and social security |
718
47
77,553
62,513
79,168
66,435
6. Average number of persons employed |
During the year the average number of employees was 0
3 of 4
For the period ended 31 October 2022
C & N Farms Limited
Notes to the Financial Statements Continued
4 of 4