DONEGAL RAPESEED COMPANY LIMITED

Company Registration Number:
NI073184 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

DONEGAL RAPESEED COMPANY LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

DONEGAL RAPESEED COMPANY LIMITED

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 153,398 175,313
Total fixed assets: 153,398 175,313
Current assets
Stocks: 5,138 3,375
Debtors:   1,097,161 550,077
Cash at bank and in hand: 95,516 526,151
Total current assets: 1,197,815 1,079,603
Creditors: amounts falling due within one year:   (208,142) (163,568)
Net current assets (liabilities): 989,673 916,035
Total assets less current liabilities: 1,143,071 1,091,348
Creditors: amounts falling due after more than one year:   (230,502) (267,204)
Total net assets (liabilities): 912,569 824,144
Capital and reserves
Called up share capital: 112 112
Revaluation reserve:4117,925117,925
Profit and loss account: 794,532 706,107
Shareholders funds: 912,569 824,144

The notes form part of these financial statements

DONEGAL RAPESEED COMPANY LIMITED

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 February 2024
and signed on behalf of the board by:

Name: Austin Duignan
Status: Director

The notes form part of these financial statements

DONEGAL RAPESEED COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DONEGAL RAPESEED COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

DONEGAL RAPESEED COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 508,730
At 31 July 2023 508,730
Depreciation
At 01 August 2022 333,417
Charge for year 21,915
At 31 July 2023 355,332
Net book value
At 31 July 2023 153,398
At 31 July 2022 175,313

DONEGAL RAPESEED COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Revaluation reserve

2023
£
Balance at 01 August 2022 117,925
Surplus or deficit after revaluation 0
Balance at 31 July 2023 117,925