St Paul's Farms Limited 01127549 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is the letting of two properties Digita Accounts Production Advanced 6.30.9574.0 true 01127549 2022-04-01 2023-03-31 01127549 2023-03-31 01127549 bus:OrdinaryShareClass1 2023-03-31 01127549 bus:Original 2023-03-31 01127549 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 01127549 bus:SmallEntities 2022-04-01 2023-03-31 01127549 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 01127549 bus:FullAccounts 2022-04-01 2023-03-31 01127549 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 01127549 bus:RegisteredOffice 2022-04-01 2023-03-31 01127549 bus:Director3 2022-04-01 2023-03-31 01127549 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 01127549 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 01127549 core:LandBuildings 2022-04-01 2023-03-31 01127549 core:OtherRelatedParties 2022-04-01 2023-03-31 01127549 countries:England 2022-04-01 2023-03-31 01127549 2021-04-01 2022-03-31 01127549 2022-03-31 01127549 bus:OrdinaryShareClass1 2022-03-31 01127549 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 01127549

St Paul's Farms Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2023

 

St Paul's Farms Limited

Contents

Balance Sheet

1

Notes to the Financial Statements

2 to 3

 

St Paul's Farms Limited

(Registration number: 01127549)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Current assets

 

Cash at bank and in hand

 

2,543

2,543

Creditors: Amounts falling due within one year

4

(101,465)

(101,465)

Net liabilities

 

(98,922)

(98,922)

Capital and reserves

 

Called up share capital

5

50

50

Capital redemption reserve

50

50

Retained earnings

(99,022)

(99,022)

Shareholders' deficit

 

(98,922)

(98,922)

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 November 2023 and signed on its behalf by:
 

.........................................
G A N Anderson
Director

 

St Paul's Farms Limited

Notes to the Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
30 St Giles'
Oxford
OX1 3LE

These financial statements were authorised for issue by the Board on 29 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Depreciation

Asset class

Depreciation method and rate

Land and buildings

Nil

Investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price.

 

St Paul's Farms Limited

Notes to the Financial Statements for the Year Ended 31 March 2023

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2022 - 0).

4

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Accruals and deferred income

565

565

Other creditors

100,900

100,900

101,465

101,465

5

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary share of £1 each

50

50

50

50

         

6

Dividends

7

Related party transactions

Summary of transactions with other related parties

Directors
 At the balance sheet date the company owed the directors £100,900 (2022 - £100,900).