REA HILL FARM LTD

Company Registration Number:
NI644389 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

REA HILL FARM LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

REA HILL FARM LTD

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 5,812,934 5,906,283
Total fixed assets: 5,812,934 5,906,283
Current assets
Stocks: 1,132,227 954,102
Debtors: 4 312,655 315,677
Cash at bank and in hand: 0 43
Total current assets: 1,444,882 1,269,822
Creditors: amounts falling due within one year: 5 (3,012,732) (3,066,753)
Net current assets (liabilities): (1,567,850) (1,796,931)
Total assets less current liabilities: 4,245,084 4,109,352
Creditors: amounts falling due after more than one year: 6 (3,403,762) (3,697,680)
Provision for liabilities: (489,100) (381,094)
Total net assets (liabilities): 352,222 30,578
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 352,122 30,478
Shareholders funds: 352,222 30,578

The notes form part of these financial statements

REA HILL FARM LTD

Balance sheet statements

For the year ending 30 June 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 08 September 2023
and signed on behalf of the board by:

Name: D S Hall
Status: Director

The notes form part of these financial statements

REA HILL FARM LTD

Notes to the Financial Statements

for the Period Ended 30 June 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

REA HILL FARM LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 10 10

REA HILL FARM LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible Assets

Total
Cost £
At 01 July 2022 6,786,390
Additions 227,284
At 30 June 2023 7,013,674
Depreciation
At 01 July 2022 880,107
Charge for year 320,633
At 30 June 2023 1,200,740
Net book value
At 30 June 2023 5,812,934
At 30 June 2022 5,906,283

REA HILL FARM LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

REA HILL FARM LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Creditors: amounts falling due within one year note

Bank loans & overdrafts £805,357Obligations under hire purchase £9,753Other loan £141,249Trade payables £1,061,410Taxation & Social security £926Other payables £889,238Accruals & deferred income £104.799

REA HILL FARM LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

6. Creditors: amounts falling due after more than one year note

Bank loans and overdrafts £2,967,173Other loan £436,589