IRIS Accounts Production v23.1.0.753 09339506 Board of Directors 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure093395062022-02-28093395062023-02-28093395062022-03-012023-02-28093395062021-02-28093395062021-03-012022-02-28093395062022-02-2809339506ns15:EnglandWales2022-03-012023-02-2809339506ns14:PoundSterling2022-03-012023-02-2809339506ns10:Director12022-03-012023-02-2809339506ns10:PrivateLimitedCompanyLtd2022-03-012023-02-2809339506ns10:SmallEntities2022-03-012023-02-2809339506ns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2809339506ns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2809339506ns10:SmallCompaniesRegimeForAccounts2022-03-012023-02-2809339506ns10:FullAccounts2022-03-012023-02-2809339506ns10:Director22022-03-012023-02-2809339506ns10:RegisteredOffice2022-03-012023-02-2809339506ns5:CurrentFinancialInstruments2023-02-2809339506ns5:CurrentFinancialInstruments2022-02-2809339506ns5:ShareCapital2023-02-2809339506ns5:ShareCapital2022-02-2809339506ns5:RetainedEarningsAccumulatedLosses2023-02-2809339506ns5:RetainedEarningsAccumulatedLosses2022-02-2809339506ns5:PlantMachinery2022-03-012023-02-2809339506ns5:FurnitureFittings2022-03-012023-02-2809339506ns5:PlantMachinery2022-02-2809339506ns5:FurnitureFittings2022-02-2809339506ns5:PlantMachinery2023-02-2809339506ns5:FurnitureFittings2023-02-2809339506ns5:PlantMachinery2022-02-2809339506ns5:FurnitureFittings2022-02-2809339506ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2809339506ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-28
REGISTERED NUMBER: 09339506 (England and Wales)














Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Lane Foot Farm Estate Limited

Lane Foot Farm Estate Limited (Registered number: 09339506)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Lane Foot Farm Estate Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: Ms J Taylor
D L Goram





REGISTERED OFFICE: Boardman Conway
23A High Street
Weaverham
Northwich
Cheshire
CW8 3HA





REGISTERED NUMBER: 09339506 (England and Wales)





ACCOUNTANTS: Boardman Conway
23A High Street
Weaverham
Northwich
Cheshire
CW8 3HA

Lane Foot Farm Estate Limited (Registered number: 09339506)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,651 8,948

CURRENT ASSETS
Debtors 5 12,294 12,401
Cash at bank 5 93
12,299 12,494
CREDITORS
Amounts falling due within one year 6 34,123 31,803
NET CURRENT LIABILITIES (21,824 ) (19,309 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(14,173

)

(10,361

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (14,174 ) (10,362 )
SHAREHOLDERS' FUNDS (14,173 ) (10,361 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 20 November 2023 and were signed on its behalf by:





Ms J Taylor - Director


Lane Foot Farm Estate Limited (Registered number: 09339506)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Lane Foot Farm Estate 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Income is recognised in the month that the services are performed and the company has the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% straight line

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment losses, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the assets belongs.

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.

Lane Foot Farm Estate Limited (Registered number: 09339506)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 March 2022 1,455 14,959 16,414
Additions - 3,844 3,844
Disposals (1,455 ) - (1,455 )
At 28 February 2023 - 18,803 18,803
DEPRECIATION
At 1 March 2022 791 6,675 7,466
Charge for year 166 4,477 4,643
Eliminated on disposal (957 ) - (957 )
At 28 February 2023 - 11,152 11,152
NET BOOK VALUE
At 28 February 2023 - 7,651 7,651
At 28 February 2022 664 8,284 8,948

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 12,079 12,187
Tax 215 214
12,294 12,401

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Tax - 214
Director's current account 28,782 23,122
Accruals and deferred income 5,341 8,467
34,123 31,803