Company Registration No. 4609431 (England and Wales)
BUTTERMOOR FARMS LIMITED
Unaudited accounts
for the year ended 31 March 2023
BUTTERMOOR FARMS LIMITED
Unaudited accounts
Contents
BUTTERMOOR FARMS LIMITED
Company Information
for the year ended 31 March 2023
Directors
Colin Radford
Margaret Radford
Stephen Radford
Company Number
4609431 (England and Wales)
Registered Office
LLOYDS BANK CHAMBERS
HIGH STREET
CREDITON
DEVON
EX17 3AH
BUTTERMOOR FARMS LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
156,721
147,417
Investments
391,616
379,116
Cash at bank and in hand
36,806
47,922
Creditors: amounts falling due within one year
(252,284)
(254,606)
Net current liabilities
(85,673)
(59,248)
Total assets less current liabilities
462,664
467,285
Creditors: amounts falling due after more than one year
(7,208)
(33,397)
Net assets
455,456
433,888
Called up share capital
3
3
Profit and loss account
455,453
433,885
Shareholders' funds
455,456
433,888
For the year ending 31 March 2023 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 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 November 2023 and were signed on its behalf by
Colin Radford
Director
Company Registration No. 4609431
BUTTERMOOR FARMS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
BUTTERMOOR FARMS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 4609431. The registered office is LLOYDS BANK CHAMBERS, HIGH STREET, CREDITON, DEVON, EX17 3AH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Charge for the year
39,181
5
Investments
Other investments
Valuation at 1 April 2022
379,116
Valuation at 31 March 2023
391,616
BUTTERMOOR FARMS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
124,811
147,436
7
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
21,744
21,744
Trade creditors
189,652
142,068
Taxes and social security
1,150
4,737
Loans from directors
37,838
69,640
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
7,208
33,397
9
Transactions with related parties
The company traded with the partnership CJ Radford and Partners in the year.
The partners of CJ Radford & partners are also directors of this company.
Profits totalling £12,500 were transferred from CJ Radford & partners to the company.
Services totalling £117,564 were also sold in the year to CJ Radford & Partners by the company
All services were on an arms-length basis
10
Average number of employees
During the year the average number of employees was 3 (2022: 3).