Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31The tax expense for the year comprises current and deferred tax. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.2022-04-01falseGeneral cleaning of poultry buildings103109truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01796298 2022-04-01 2023-03-31 01796298 2021-04-01 2022-03-31 01796298 2023-03-31 01796298 2022-03-31 01796298 c:CompanySecretary1 2022-04-01 2023-03-31 01796298 c:Director1 2022-04-01 2023-03-31 01796298 c:Director2 2022-04-01 2023-03-31 01796298 c:Director3 2022-04-01 2023-03-31 01796298 c:RegisteredOffice 2022-04-01 2023-03-31 01796298 d:Buildings 2022-04-01 2023-03-31 01796298 d:Buildings 2023-03-31 01796298 d:Buildings 2022-03-31 01796298 d:Buildings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 01796298 d:PlantMachinery 2022-04-01 2023-03-31 01796298 d:PlantMachinery 2023-03-31 01796298 d:PlantMachinery 2022-03-31 01796298 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 01796298 d:MotorVehicles 2022-04-01 2023-03-31 01796298 d:MotorVehicles 2023-03-31 01796298 d:MotorVehicles 2022-03-31 01796298 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 01796298 d:FurnitureFittings 2022-04-01 2023-03-31 01796298 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 01796298 d:CurrentFinancialInstruments 2023-03-31 01796298 d:CurrentFinancialInstruments 2022-03-31 01796298 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 01796298 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 01796298 d:ShareCapital 2023-03-31 01796298 d:ShareCapital 2022-03-31 01796298 d:RetainedEarningsAccumulatedLosses 2023-03-31 01796298 d:RetainedEarningsAccumulatedLosses 2022-03-31 01796298 c:FRS102 2022-04-01 2023-03-31 01796298 c:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 01796298 c:FullAccounts 2022-04-01 2023-03-31 01796298 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 01796298 2 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 01796298










RYAN POULTRY SERVICES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
RYAN POULTRY SERVICES LIMITED
 
 
COMPANY INFORMATION


Directors
R J B Gooderham 
J R B Gooderham 
G E B Gooderham 




Company secretary
R J B Gooderham



Registered number
01796298



Registered office
High Bank
5 Yealmview Road

Newton Ferrers

Plymouth

PL8 1AN




Accountants
MA Partners LLP
Chartered Accountants

7 The Close

Norwich

Norfolk

NR1 4DJ





 
RYAN POULTRY SERVICES LIMITED
 

CONTENTS



Page
Accountants' Report
 
 
1
Balance Sheet
 
 
2 - 3
Notes to the Financial Statements
 
 
4 - 8


 
RYAN POULTRY SERVICES LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF RYAN POULTRY SERVICES LIMITED
FOR THE YEAR ENDED 31 MARCH 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ryan Poultry Services Limited for the year ended 31 March 2023 which comprise the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of Directors of Ryan Poultry Services Limited, as a body, in accordance with the terms of our engagement letter dated 13 July 2022Our work has been undertaken solely to prepare for your approval the financial statements of Ryan Poultry Services Limited  and state those matters that we have agreed to state to the Board of Directors of Ryan Poultry Services Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ryan Poultry Services Limited and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that Ryan Poultry Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ryan Poultry Services Limited. You consider that Ryan Poultry Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Ryan Poultry Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
19 September 2023
Page 1

 
RYAN POULTRY SERVICES LIMITED
REGISTERED NUMBER: 01796298

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,955,223
1,615,651

  
1,955,223
1,615,651

Current assets
  

Stocks
 5 
148,527
124,086

Debtors: amounts falling due within one year
 6 
2,193,603
1,268,228

Cash at bank and in hand
  
877,676
1,631,234

  
3,219,806
3,023,548

Creditors: amounts falling due within one year
 7 
(1,118,297)
(1,070,176)

Net current assets
  
 
 
2,101,509
 
 
1,953,372

Total assets less current liabilities
  
4,056,732
3,569,023

Provisions for liabilities
  

Deferred tax
  
(291,004)
(117,009)

Net assets
  
3,765,728
3,452,014


Capital and reserves
  

Called up share capital 
  
19,000
19,000

Profit and loss account
  
3,746,728
3,433,014

  
3,765,728
3,452,014


Page 2

 
RYAN POULTRY SERVICES LIMITED
REGISTERED NUMBER: 01796298
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 August 2023.




R J B Gooderham
Director

The notes on pages pages 4 to 8 form part of these financial statements.

Page 3

 
RYAN POULTRY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

The Company is a United Kingdom private company limited by shares. It is both incorporated and domiciled in England and Wales. The registered office address of the company is High Bank, 5 Yealmview Road, Newton Ferrers, Plymouth, PL8 1AN. The principal place of business in Garboldisham, Norfolk.
The continuing activity of the company is that of cleaning and washing of poultry houses.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Turnover comprises revenue recognised by the company in respect of the cleaning and washing of poultry houses, exclusive of Value Added Tax, and is recognised on physical performance of the service for the customer.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
RYAN POULTRY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on both a straight line, and reducing balance method.

Depreciation is provided on the following basis:

Freehold property
-
2%
straight line
Plant and machinery
-
20%
reducing balance
Motor vehicles
-
25%
reducing balance
Short life plant & machinery
-
33%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Stocks

Raw materials and consumable stock are valued at cost.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 5

 
RYAN POULTRY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 103 (2022 - 109).

Page 6

 
RYAN POULTRY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Freehold property
Plant and machinery
Motor vehicles
Total

£
£
£
£



Cost or valuation


At 1 April 2022
387,304
3,597,381
2,352,313
6,336,998


Additions
-
455,615
308,393
764,008


Disposals
-
(80,930)
(35,190)
(116,120)



At 31 March 2023

387,304
3,972,066
2,625,516
6,984,886



Depreciation


At 1 April 2022
116,546
2,901,845
1,702,956
4,721,347


Charge for the year on owned assets
6,626
213,690
178,612
398,928


Disposals
-
(63,773)
(26,839)
(90,612)



At 31 March 2023

123,172
3,051,762
1,854,729
5,029,663



Net book value



At 31 March 2023
264,132
920,304
770,787
1,955,223



At 31 March 2022
270,758
695,536
649,357
1,615,651


5.


Stocks

2023
2022
£
£

Raw materials and consumables
148,527
124,086

148,527
124,086


Page 7

 
RYAN POULTRY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

6.


Debtors

2023
2022
£
£


Trade debtors
1,226,706
1,127,501

Other debtors
821,472
18,297

Prepayments and accrued income
145,425
122,430

2,193,603
1,268,228



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
667,682
737,912

Other taxation and social security
291,927
271,712

Other creditors
136,000
55,882

Accruals and deferred income
22,688
4,670

1,118,297
1,070,176


 
Page 8