IRIS Accounts Production v23.3.1.45 07727368 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh077273682022-10-31077273682023-10-31077273682022-11-012023-10-31077273682021-10-31077273682021-11-012022-10-31077273682022-10-3107727368ns10:Originalns15:EnglandWales2022-11-012023-10-3107727368ns14:PoundSterlingns10:Original2022-11-012023-10-3107727368ns10:Originalns10:Director12022-11-012023-10-3107727368ns10:Original2022-11-012023-10-3107727368ns10:Original2023-10-3107727368ns10:Originalns10:PrivateLimitedCompanyLtd2022-11-012023-10-3107727368ns10:Originalns10:SmallEntities2022-11-012023-10-3107727368ns10:Originalns10:AuditExemptWithAccountantsReport2022-11-012023-10-3107727368ns10:SmallCompaniesRegimeForAccountsns10:Original2022-11-012023-10-3107727368ns10:Originalns10:FullAccounts2022-11-012023-10-3107727368ns10:Originalns10:OrdinaryShareClass12022-11-012023-10-3107727368ns10:Originalns10:OrdinaryShareClass22022-11-012023-10-3107727368ns10:OrdinaryShareClass3ns10:Original2022-11-012023-10-3107727368ns10:Originalns10:Director22022-11-012023-10-3107727368ns10:Originalns10:RegisteredOffice2022-11-012023-10-3107727368ns10:Original2022-10-3107727368ns10:Originalns5:CurrentFinancialInstruments2023-10-3107727368ns10:Originalns5:CurrentFinancialInstruments2022-10-3107727368ns10:Originalns5:Non-currentFinancialInstruments2023-10-3107727368ns10:Originalns5:Non-currentFinancialInstruments2022-10-3107727368ns5:ShareCapitalns10:Original2023-10-3107727368ns5:ShareCapitalns10:Original2022-10-3107727368ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-10-3107727368ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-10-3107727368ns10:Originalns5:OwnedOrFreeholdAssetsns5:LandBuildings2022-11-012023-10-3107727368ns10:Originalns5:PlantMachinery2022-11-012023-10-3107727368ns10:Originalns5:FurnitureFittings2022-11-012023-10-3107727368ns10:Originalns5:MotorVehicles2022-11-012023-10-3107727368ns10:Originalns5:ComputerEquipment2022-11-012023-10-3107727368ns10:Original2021-11-012022-10-3107727368ns10:Originalns5:LandBuildings2022-10-3107727368ns10:Originalns5:PlantMachinery2022-10-3107727368ns10:Originalns5:FurnitureFittings2022-10-3107727368ns10:Originalns5:LandBuildings2022-11-012023-10-3107727368ns10:Originalns5:LandBuildings2023-10-3107727368ns10:Originalns5:PlantMachinery2023-10-3107727368ns10:Originalns5:FurnitureFittings2023-10-3107727368ns10:Originalns5:LandBuildings2022-10-3107727368ns10:Originalns5:PlantMachinery2022-10-3107727368ns10:Originalns5:FurnitureFittings2022-10-3107727368ns10:Originalns5:MotorVehicles2022-10-3107727368ns10:Originalns5:ComputerEquipment2022-10-3107727368ns10:Original2022-10-3107727368ns10:Originalns5:MotorVehicles2023-10-3107727368ns10:Originalns5:ComputerEquipment2023-10-3107727368ns10:Originalns5:MotorVehicles2022-10-3107727368ns10:Originalns5:ComputerEquipment2022-10-3107727368ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3107727368ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3107727368ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-10-3107727368ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-10-3107727368ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-10-3107727368ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-10-3107727368ns5:Securedns10:Original2023-10-3107727368ns5:Securedns10:Original2022-10-3107727368ns10:Originalns10:OrdinaryShareClass12023-10-3107727368ns10:Originalns10:OrdinaryShareClass22023-10-3107727368ns10:OrdinaryShareClass3ns10:Original2023-10-31
REGISTERED NUMBER: 07727368 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

LANCASHIRE CROP CONSULTANCY LIMITED

LANCASHIRE CROP CONSULTANCY LIMITED (REGISTERED NUMBER: 07727368)

Contents of the Financial Statements
for the Year Ended 31 October 2023










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


LANCASHIRE CROP CONSULTANCY LIMITED

Company Information
for the Year Ended 31 October 2023







DIRECTORS: Mr J Kilner-Johns
Mr P Johns





REGISTERED OFFICE: Butterworth Barlow House
10 Derby Street
Prescot
Liverpool
Merseyside
L34 3LG





REGISTERED NUMBER: 07727368 (England and Wales)





ACCOUNTANTS: Butterworth Barlow
Chartered Accountants
Butterworth Barlow House
10 Derby Street
Prescot
Liverpool
Merseyside
L34 3LG

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Lancashire Crop Consultancy Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lancashire Crop Consultancy Limited for the year ended 31 October 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Lancashire Crop Consultancy Limited, as a body, in accordance with the terms of our engagement letter dated 9 August 2011. Our work has been undertaken solely to prepare for your approval the financial statements of Lancashire Crop Consultancy Limited and state those matters that we have agreed to state to the Board of Directors of Lancashire Crop Consultancy Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lancashire Crop Consultancy Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Lancashire Crop Consultancy Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lancashire Crop Consultancy Limited. You consider that Lancashire Crop Consultancy Limited 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 financial statements of Lancashire Crop Consultancy Limited. 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 financial statements.






Butterworth Barlow
Chartered Accountants
Liverpool


29 January 2024

LANCASHIRE CROP CONSULTANCY LIMITED (REGISTERED NUMBER: 07727368)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 612,781 785,282

CURRENT ASSETS
Stocks 55,159 95,814
Debtors 5 284,143 792,240
Cash at bank 1,059,156 355,126
1,398,458 1,243,180
CREDITORS
Amounts falling due within one year 6 1,355,297 1,425,712
NET CURRENT ASSETS/(LIABILITIES) 43,161 (182,532 )
TOTAL ASSETS LESS CURRENT LIABILITIES 655,942 602,750

CREDITORS
Amounts falling due after more than one
year

7

267,371

396,564
NET ASSETS 388,571 206,186

CAPITAL AND RESERVES
Called up share capital 9 150 150
Retained earnings 388,421 206,036
SHAREHOLDERS' FUNDS 388,571 206,186

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

LANCASHIRE CROP CONSULTANCY LIMITED (REGISTERED NUMBER: 07727368)

Balance Sheet - continued
31 October 2023


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 29 January 2024 and were signed on its behalf by:





Mr P Johns - Director


LANCASHIRE CROP CONSULTANCY LIMITED (REGISTERED NUMBER: 07727368)

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


1. STATUTORY INFORMATION

Lancashire Crop Consultancy 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.

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.
Freehold property - 1% on cost
Plant and machinery - 25% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on cost
Office equipment - 25% on cost

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.

LANCASHIRE CROP CONSULTANCY LIMITED (REGISTERED NUMBER: 07727368)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 November 2022 728,210 6,777 3,462
Additions - 581 13,520
Disposals (200,751 ) - -
At 31 October 2023 527,459 7,358 16,982
DEPRECIATION
At 1 November 2022 11,506 4,078 58
Charge for year 4,810 1,753 2,989
Eliminated on disposal (11,041 ) - -
At 31 October 2023 5,275 5,831 3,047
NET BOOK VALUE
At 31 October 2023 522,184 1,527 13,935
At 31 October 2022 716,704 2,699 3,404

LANCASHIRE CROP CONSULTANCY LIMITED (REGISTERED NUMBER: 07727368)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023


4. TANGIBLE FIXED ASSETS - continued

Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 November 2022 89,899 26,612 854,960
Additions 25,290 1,310 40,701
Disposals - - (200,751 )
At 31 October 2023 115,189 27,922 694,910
DEPRECIATION
At 1 November 2022 30,655 23,381 69,678
Charge for year 11,801 2,139 23,492
Eliminated on disposal - - (11,041 )
At 31 October 2023 42,456 25,520 82,129
NET BOOK VALUE
At 31 October 2023 72,733 2,402 612,781
At 31 October 2022 59,244 3,231 785,282

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 206,687 664,192
VAT 5,794 62,694
Prepayments and accrued income 71,662 65,354
284,143 792,240

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 51,720 51,720
Hire purchase contracts - 5,289
Trade creditors 1,033,061 1,037,601
Tax 75,333 55,687
Social security and other taxes 1,749 1,359
Other creditors 919 -
Shareholder loan account 54,448 85,020
Directors' current accounts 114,884 165,656
Accruals and deferred income 23,183 23,380
1,355,297 1,425,712

LANCASHIRE CROP CONSULTANCY LIMITED (REGISTERED NUMBER: 07727368)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans - 1-2 years 51,720 51,720
Bank loans - more than 2 years 215,651 324,331
Hire purchase contracts - 20,513
267,371 396,564

8. SECURED DEBTS

The following secured debts are included within creditors:

31.10.23 31.10.22
£    £   
Bank loans 319,091 427,771

The bank loans provided by HSBC are secured by a first legal charge over the properties at Scarisbrick Business Park and Seafire Way.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
50 Ordinary C £1 50 50
150 150

10. RELATED PARTY DISCLOSURES

Johns Farming Limited is a company related by virtue of directors in common. During the year, the company made sales to Johns Farming Limited of £455,657 (2022: £285,831) and purchases from Johns Farming Limited of £379,055 (2022: £439,352). As at 31 October 2023, the balance due from Johns Farming Limited was £30,923 (2022: £51,809 due to Johns Farming Limited).