Company Registration No. NI073490 (Northern Ireland)
Corrard Game Shoot Ltd
Unaudited accounts
for the year ended 31 July 2023
Corrard Game Shoot Ltd
Unaudited accounts
Contents
Corrard Game Shoot Ltd
Company Information
for the year ended 31 July 2023
Directors
Mrs Joan Hogg
Mr Matthew John Hogg
Company Number
NI073490 (Northern Ireland)
Registered Office
36 Inishroosk Road
Lisnaskea
Enniskillen
Co Fermanagh
BT92 0PH
Accountants
W F Lemon & Co Ltd
76 Main Street
Lisnaskea
Co Fermanagh
BT92 0JD
Corrard Game Shoot Ltd
Accountants' report
Accountants' report to the board of directors of Corrard Game Shoot Ltd on the preparation of the unaudited statutory accounts for the year ended 31 July 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Corrard Game Shoot Ltd for the year ended
31 July 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Corrard Game Shoot Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Corrard Game Shoot Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Corrard Game Shoot Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Corrard Game Shoot Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Corrard Game Shoot Ltd. You consider that Corrard Game Shoot Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Corrard Game Shoot Ltd. 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 accounts.
W F Lemon & Co Ltd
76 Main Street
Lisnaskea
Co Fermanagh
BT92 0JD
28 November 2023
Corrard Game Shoot Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
26,760
27,925
Cash at bank and in hand
5,827
8,458
Creditors: amounts falling due within one year
(8,104)
(9,987)
Net current assets
79,663
65,881
Total assets less current liabilities
106,423
93,806
Creditors: amounts falling due after more than one year
(75,233)
(63,768)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
30,112
28,806
Shareholders' funds
30,212
28,906
For the year ending 31 July 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 28 November 2023 and were signed on its behalf by
Mr Matthew John Hogg
Director
Company Registration No. NI073490
Corrard Game Shoot Ltd
Notes to the Accounts
for the year ended 31 July 2023
Corrard Game Shoot Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI073490. The registered office is 36 Inishroosk Road, Lisnaskea, Enniskillen, Co Fermanagh, BT92 0PH.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Plant & machinery
10% Reducing Balance
Motor vehicles
20% Reducing Balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Corrard Game Shoot Ltd
Notes to the Accounts
for the year ended 31 July 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
20,000
6,200
11,400
37,600
At 31 July 2023
20,000
6,200
11,400
37,600
At 1 August 2022
-
2,011
7,664
9,675
Charge for the year
-
418
747
1,165
At 31 July 2023
-
2,429
8,411
10,840
At 31 July 2023
20,000
3,771
2,989
26,760
At 31 July 2022
20,000
4,189
3,736
27,925
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,014
3,820
Taxes and social security
4,090
1,167
6
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
67,278
51,721
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).