Company Registration No. 11631510 (England and Wales)
A W BORRETT AGRI LIMITED
Unaudited accounts
for the year ended 31 October 2023
A W BORRETT AGRI LIMITED
Unaudited accounts
Contents
A W BORRETT AGRI LIMITED
Company Information
for the year ended 31 October 2023
Director
Mr Adam William Borrett
Company Number
11631510 (England and Wales)
Registered Office
UNIT 27 STATION HILL
THURSTON
BURY ST. EDMUNDS
SUFFOLK
IP31 3QU
ENGLAND
Accountants
ABBEYGATE ACCOUNTANCY LTD
UNIT 27 STATION HILL
THURSTON
BURY ST. EDMUNDS
ENGLAND
IP31 3QU
A W BORRETT AGRI LIMITED
Statement of financial position
as at 31 October 2023
Tangible assets
73,448
31,625
Cash at bank and in hand
79,766
69,387
Creditors: amounts falling due within one year
(91,784)
(63,048)
Net current assets
33,980
50,387
Total assets less current liabilities
107,428
82,012
Creditors: amounts falling due after more than one year
-
(8,325)
Provisions for liabilities
Deferred tax
(13,954)
(6,008)
Called up share capital
100
100
Profit and loss account
93,374
67,579
Shareholders' funds
93,474
67,679
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 2 February 2024 and were signed on its behalf by
Mr Adam William Borrett
Director
Company Registration No. 11631510
A W BORRETT AGRI LIMITED
Notes to the Accounts
for the year ended 31 October 2023
A W BORRETT AGRI LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11631510. The registered office is UNIT 27 STATION HILL, THURSTON, BURY ST. EDMUNDS, SUFFOLK, IP31 3QU, ENGLAND.
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:
Plant & machinery
25% straight line
Motor vehicles
25% straight line
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
3,044
77,803
2,461
83,308
Additions
2,787
63,500
-
66,287
At 31 October 2023
5,831
141,303
2,461
149,595
At 1 November 2022
2,714
47,227
1,742
51,683
Charge for the year
762
23,174
528
24,464
At 31 October 2023
3,476
70,401
2,270
76,147
At 31 October 2023
2,355
70,902
191
73,448
At 31 October 2022
330
30,576
719
31,625
A W BORRETT AGRI LIMITED
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
45,998
44,048
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
8,325
9,082
Trade creditors
37,726
3,387
Taxes and social security
2,886
14,632
Loans from directors
27,502
13,385
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
8,325
Above amount is included in other debtors.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).