Company registration number 07712640 (England and Wales)
TFARMING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
PAGES FOR FILING WITH REGISTRAR
TFARMING LIMITED
BALANCE SHEET
- 1 -
2023
2022
£
£
£
£
Fixed assets
2,711
3,384
Current assets
80,715
73,053
Prepayments and accrued income
35,357
36,000
Creditors: amounts falling due within one year
(39,588)
(14,577)
Net current assets
76,484
94,476
Total assets less current liabilities
79,195
97,860
Creditors: amounts falling due after more than one year
(53,849)
(78,913)
Accruals and deferred income
(24,101)
(18,908)
Net assets
1,245
39
Capital and reserves
1,245
39
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
During the year the Company made the following advances and credits to its Director:
During the year £81,313 was advanced to the Director (2022 - £ 88,131) and £79,332 was subsequently repaid (2022 - £88,432). The balance owed by the Director at the beginning of the year was £45,471 and at the end of the year was £48,384 (including interest charged of £932).
The loan is unsecured, interest is charged at 2% on balances over £10,000 and there are no repayment terms.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
1
1
TFARMING LIMITED
BALANCE SHEET (CONTINUED)
- 2 -
TFarming Limited is a private company limited by shares incorporated in England and Wales. The registered office is Leeward House, Fitzroy Road, Exeter Business Park, EXETER, Devon, EX1 3LJ.
For the year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 23 November 2023
Mr N M Tory
Director
Company registration number 07712640 (England and Wales)