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REGISTERED NUMBER: 08886115 (England and Wales)














ESTATE COUNTRY FEEDS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2023






ESTATE COUNTRY FEEDS LIMITED (REGISTERED NUMBER: 08886115)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ESTATE COUNTRY FEEDS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28TH FEBRUARY 2023







DIRECTORS: T T Soloducha
R J Soloducha





REGISTERED OFFICE: Beauchamp House
402-403 Stourport Road
Kidderminster
Worcestershire
DY11 7BG





REGISTERED NUMBER: 08886115 (England and Wales)

ESTATE COUNTRY FEEDS LIMITED (REGISTERED NUMBER: 08886115)

BALANCE SHEET
28TH FEBRUARY 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 299,119 353,268

CURRENT ASSETS
Stocks 171,236 117,200
Debtors 5 325,696 283,019
Cash in hand 14,940 4,472
511,872 404,691
CREDITORS
Amounts falling due within one year 6 1,891,413 1,847,292
NET CURRENT LIABILITIES (1,379,541 ) (1,442,601 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,080,422

)

(1,089,333

)

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings (1,080,424 ) (1,089,335 )
SHAREHOLDERS' FUNDS (1,080,422 ) (1,089,333 )

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

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





T T Soloducha - Director


ESTATE COUNTRY FEEDS LIMITED (REGISTERED NUMBER: 08886115)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2023

1. STATUTORY INFORMATION

Estate Country Feeds 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 5% on cost
Plant and machinery etc - 33% on cost, 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

ESTATE COUNTRY FEEDS LIMITED (REGISTERED NUMBER: 08886115)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 6 ).

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£ £ £
COST
At 1st March 2022 39,341 872,761 912,102
Additions - 7,195 7,195
Disposals - (17,000 ) (17,000 )
At 28th February 2023 39,341 862,956 902,297
DEPRECIATION
At 1st March 2022 12,900 545,934 558,834
Charge for year 1,967 52,570 54,537
Eliminated on disposal - (10,193 ) (10,193 )
At 28th February 2023 14,867 588,311 603,178
NET BOOK VALUE
At 28th February 2023 24,474 274,645 299,119
At 28th February 2022 26,441 326,827 353,268

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 300,873 251,945
Other debtors 24,823 31,074
325,696 283,019

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 98,191 100,174
Trade creditors 276,156 366,289
Amounts owed to group undertakings 1,375,226 1,342,736
Taxation and social security 3,806 17,466
Other creditors 138,034 20,627
1,891,413 1,847,292

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£ £
Between one and five years 26,693 -

ESTATE COUNTRY FEEDS LIMITED (REGISTERED NUMBER: 08886115)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
2 Ordinary £1 2 2

9. RELATED PARTY DISCLOSURES

As at the year end loans between related companies existed of the below:

M.V. Products Limited were due £83,323 (2022 - £68,785) by Estate Country Feeds Limited.

TRS Manufacturing Group Limited owed £1,291,904 (2022 - £1,273,951) by Estate Country Feeds Limited