IRIS Accounts Production v23.4.0.336 04753123 director 1.7.22 30.6.23 30.6.23 false true false false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh047531232022-06-30047531232023-06-30047531232022-07-012023-06-30047531232021-06-30047531232021-07-012022-06-30047531232022-06-3004753123ns15:EnglandWales2022-07-012023-06-3004753123ns14:PoundSterling2022-07-012023-06-3004753123ns10:Director12022-07-012023-06-3004753123ns10:PrivateLimitedCompanyLtd2022-07-012023-06-3004753123ns10:SmallEntities2022-07-012023-06-3004753123ns10:AuditExemptWithAccountantsReport2022-07-012023-06-3004753123ns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3004753123ns10:SmallCompaniesRegimeForAccounts2022-07-012023-06-3004753123ns10:FullAccounts2022-07-012023-06-300475312312022-07-012023-06-3004753123ns10:RegisteredOffice2022-07-012023-06-3004753123ns5:CurrentFinancialInstruments2023-06-3004753123ns5:CurrentFinancialInstruments2022-06-3004753123ns5:Non-currentFinancialInstruments2023-06-3004753123ns5:Non-currentFinancialInstruments2022-06-3004753123ns5:ShareCapital2023-06-3004753123ns5:ShareCapital2022-06-3004753123ns5:RetainedEarningsAccumulatedLosses2023-06-3004753123ns5:RetainedEarningsAccumulatedLosses2022-06-3004753123ns5:NetGoodwill2022-07-012023-06-3004753123ns5:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3004753123ns5:NetGoodwill2022-06-3004753123ns5:NetGoodwill2023-06-3004753123ns5:NetGoodwill2022-06-3004753123ns5:LandBuildings2022-06-3004753123ns5:PlantMachinery2022-06-3004753123ns5:FurnitureFittings2022-06-3004753123ns5:LandBuildings2022-07-012023-06-3004753123ns5:PlantMachinery2022-07-012023-06-3004753123ns5:FurnitureFittings2022-07-012023-06-3004753123ns5:LandBuildings2023-06-3004753123ns5:PlantMachinery2023-06-3004753123ns5:FurnitureFittings2023-06-3004753123ns5:LandBuildings2022-06-3004753123ns5:PlantMachinery2022-06-3004753123ns5:FurnitureFittings2022-06-3004753123ns5:MotorVehicles2022-06-3004753123ns5:ComputerEquipment2022-06-3004753123ns5:MotorVehicles2022-07-012023-06-3004753123ns5:ComputerEquipment2022-07-012023-06-3004753123ns5:MotorVehicles2023-06-3004753123ns5:ComputerEquipment2023-06-3004753123ns5:MotorVehicles2022-06-3004753123ns5:ComputerEquipment2022-06-3004753123ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3004753123ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3004753123ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-06-3004753123ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-06-3004753123ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-06-3004753123ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-06-3004753123ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-06-3004753123ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-06-3004753123ns5:Secured2023-06-3004753123ns5:Secured2022-06-30
REGISTERED NUMBER: 04753123 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

ANDERSON GRAIN MARKETING LIMITED

ANDERSON GRAIN MARKETING LIMITED (REGISTERED NUMBER: 04753123)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


ANDERSON GRAIN MARKETING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: K P Anderson





REGISTERED OFFICE: Northfield Farm
Flat Lane
Barmby Moor
York
East Yorkshire
YO42 4DG





REGISTERED NUMBER: 04753123 (England and Wales)





ACCOUNTANTS: Bradbury & Co
Chartered Tax Advisers and Accountants
Driffield

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ANDERSON GRAIN MARKETING LIMITED


The following reproduces the text of the report prepared for the director 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 Director 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 Anderson Grain Marketing Limited for the year ended 30 June 2023 which comprise the Statement of Income and Retained Earnings, 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Anderson Grain Marketing Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Anderson Grain Marketing Limited and state those matters that we have agreed to state to the director of Anderson Grain Marketing Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Anderson Grain Marketing 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 Anderson Grain Marketing Limited. You consider that Anderson Grain Marketing 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 Anderson Grain Marketing 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.






Bradbury & Co
Chartered Tax Advisers and Accountants
Driffield


Date: .............................................

ANDERSON GRAIN MARKETING LIMITED (REGISTERED NUMBER: 04753123)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 695,247 672,282
Investment property 6 932,500 932,500
1,627,747 1,604,782

CURRENT ASSETS
Stocks 22,150 30,281
Debtors 7 4,301,920 2,385,019
Cash at bank 19,978 17,667
4,344,048 2,432,967
CREDITORS
Amounts falling due within one year 8 (4,505,300 ) (2,810,868 )
NET CURRENT LIABILITIES (161,252 ) (377,901 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,466,495

1,226,881

CREDITORS
Amounts falling due after more than one
year

9

(219,654

)

(329,211

)

PROVISIONS FOR LIABILITIES (9,200 ) -
NET ASSETS 1,237,641 897,670

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,237,541 897,570
SHAREHOLDERS' FUNDS 1,237,641 897,670

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ANDERSON GRAIN MARKETING LIMITED (REGISTERED NUMBER: 04753123)

BALANCE SHEET - continued
30 JUNE 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 February 2024 and were signed by:





K P Anderson - Director


ANDERSON GRAIN MARKETING LIMITED (REGISTERED NUMBER: 04753123)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Anderson Grain Marketing 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Freehold land is not depreciated. The residential property is not depreciated as it is the company's practice to maintain it in a continual state of sound repair and accordingly the director considers that the economic life and residual value, based on prices prevailing at the date of acquisition, are such that both depreciation and accumulated depreciation are insignificant. The carrying value of tangible fixed assets are reviewed for impairments in periods if events or changes in circumstance indicate carrying values may not be recoverable. Other tangible fixed assets are written off in equal annual instalments over their expected useful lives as follows:

Buildings20 years
Plant and machinery5 years
Fixtures and fittings5 years
Computer equipment3 years

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

The property is not depreciated as in the director's opinion the residual value of the property is expected to be equal or in excess of the original value and therefore there is no depreciable amount.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

ANDERSON GRAIN MARKETING LIMITED (REGISTERED NUMBER: 04753123)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2022
and 30 June 2023 15,000
AMORTISATION
At 1 July 2022
and 30 June 2023 15,000
NET BOOK VALUE
At 30 June 2023 -
At 30 June 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Land and Plant and and
buildings machinery fittings
£    £    £   
COST
At 1 July 2022 685,444 21,231 4,747
Additions 12,836 167 -
Disposals - - -
At 30 June 2023 698,280 21,398 4,747
DEPRECIATION
At 1 July 2022 26,871 18,409 3,511
Charge for year 2,751 1,344 469
Eliminated on disposal - - -
At 30 June 2023 29,622 19,753 3,980
NET BOOK VALUE
At 30 June 2023 668,658 1,645 767
At 30 June 2022 658,573 2,822 1,236

ANDERSON GRAIN MARKETING LIMITED (REGISTERED NUMBER: 04753123)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2022 24,500 17,529 753,451
Additions 29,095 934 43,032
Disposals (7,500 ) - (7,500 )
At 30 June 2023 46,095 18,463 788,983
DEPRECIATION
At 1 July 2022 16,600 15,778 81,169
Charge for year 9,219 1,784 15,567
Eliminated on disposal (3,000 ) - (3,000 )
At 30 June 2023 22,819 17,562 93,736
NET BOOK VALUE
At 30 June 2023 23,276 901 695,247
At 30 June 2022 7,900 1,751 672,282

Included in cost of land and buildings is freehold land and building of £625,000 (2015 - £625,000) which is not depreciated.

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2022
and 30 June 2023 932,500
NET BOOK VALUE
At 30 June 2023 932,500
At 30 June 2022 932,500

Fair value at 30 June 2023 is represented by:
£   
Valuation in 2008 20,770
Valuation in 2011 (7,500 )
Valuation in 2017 31,970
Valuation in 2022 52,553
Cost 834,707
932,500

ANDERSON GRAIN MARKETING LIMITED (REGISTERED NUMBER: 04753123)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


6. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 834,707 834,707

Investment property was valued on an open market basis on 30 June 2023 by the director .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 4,259,241 2,326,230
VAT 34,081 49,758
Prepayments and accrued income 8,598 9,031
4,301,920 2,385,019

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 674,604 304,052
Trade creditors 3,730,470 2,459,100
Tax 97,937 21,825
Social security and other taxes - 7,275
Directors' current accounts 639 17,116
Accruals and deferred income 1,650 1,500
4,505,300 2,810,868

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years 78,262 55,263
Bank loans - 2-5 years 128,237 137,409
Bank loans more than 5 years 13,155 136,539
219,654 329,211

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years 13,155 136,539

ANDERSON GRAIN MARKETING LIMITED (REGISTERED NUMBER: 04753123)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


10. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank overdrafts 601,209 249,637
Bank loans 293,049 383,626
894,258 633,263