Company registration number:
NI623942
Moyola Farm Ltd
Trading as
Moyola Farm Ltd
Unaudited filleted financial statements
31 May 2023
Moyola Farm Ltd
Contents
Directors and other information
Statement of financial position and notes to the financial statements
Moyola Farm Ltd
Directors and other information
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Director |
Ivor Mc Kinney |
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Company number |
NI623942 |
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Registered office |
Tobermore |
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Maghera |
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N. Ireland |
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BT46 5DL |
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Business address |
11a Ballynahone Road |
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Tobermore |
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Maghera |
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BT46 5DL |
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Moyola Farm Ltd
Statement of financial position
31 May 2023
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2023 |
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2022 |
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£ |
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£ |
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Fixed assets |
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392,551 |
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386,532 |
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_______ |
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_______ |
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Current assets |
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145,881 |
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141,806 |
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Creditors: amounts falling due within one year |
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(
182,434) |
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(
209,807) |
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_______ |
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_______ |
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Net current liabilities |
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(
36,553) |
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(
68,001) |
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_______ |
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_______ |
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Total assets less current liabilities |
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355,998 |
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318,531 |
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Creditors: amounts falling due after more than one year |
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(
24,420) |
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(
32,069) |
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Accruals and deferred income |
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(
36,850) |
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(
20,788) |
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_______ |
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_______ |
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Net assets |
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294,728 |
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265,674 |
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_______ |
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_______ |
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Capital and reserves |
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294,728 |
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265,674 |
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_______ |
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_______ |
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Notes to the financial statements
Moyola Farm Ltd
Year ended 31 May 2023
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2022:
2
).
2.
Directors advances, credits and guarantees
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During the year the director entered into the following advances and credits with the company: |
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2023 |
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Balance brought forward |
Advances /(credits) to the director |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Ivor Mc Kinney |
(
142,751) |
(
623) |
10,277 |
(
133,097) |
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_______ |
_______ |
_______ |
_______ |
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2022 |
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Balance brought forward |
Advances /(credits) to the director |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Ivor Mc Kinney |
(
149,270) |
(
12,105) |
18,624 |
(
142,751) |
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_______ |
_______ |
_______ |
_______ |
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Included in creditors is a loan from the director, Ivor McKinney. This is an interest free loan and is repayable on demand. The balance owed to Mr Ivor McKinney at 31 May 2023 was £133,097. 31 May 2022 £142,751.
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The director acknowledges responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
14 February 2024
, and are signed on behalf of the board by:
Ivor Mc Kinney
Director
Company registration number:
NI623942
The company is a private company limited by shares, registered in N.Ireland.