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REGISTERED NUMBER: 00705477 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Bletchley Turf Company Limited

Bletchley Turf Company Limited (Registered number: 00705477)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Bletchley Turf Company Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mr R D Austin





SECRETARY: Mrs A Austin





REGISTERED OFFICE: Burnell Farm
Drayton Road
Stoke Hammond
Milton Keynes
Buckinghamshire
MK17 0ED





REGISTERED NUMBER: 00705477 (England and Wales)





ACCOUNTANTS: Hardcastle Burton LLP
Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN

Bletchley Turf Company Limited (Registered number: 00705477)

Abridged Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 309,570 281,670

CURRENT ASSETS
Stocks 161,882 140,808
Debtors 111,033 163,358
Cash at bank and in hand 362,891 204,510
635,806 508,676
CREDITORS
Amounts falling due within one year 273,278 148,137
NET CURRENT ASSETS 362,528 360,539
TOTAL ASSETS LESS CURRENT
LIABILITIES

672,098

642,209

CREDITORS
Amounts falling due after more than one
year

(4,375

)

-

PROVISIONS FOR LIABILITIES 5 (67,321 ) (44,167 )
NET ASSETS 600,402 598,042

CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Retained earnings 599,402 597,042
SHAREHOLDERS' FUNDS 600,402 598,042

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Bletchley Turf Company Limited (Registered number: 00705477)

Abridged Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

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





Mr R D Austin - Director


Bletchley Turf Company Limited (Registered number: 00705477)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Bletchley Turf Company 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.

Turnover
Turnover is recognised once goods and services have been provided. It is measured at the fair value of the consideration received or receivable, excluding any discounts, rebates and value added taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold land and buildings - Straight line over 50 years
Leasehold land and buildings - Straight line over the life of the lease
Plant and machinery - 15% reducing balance
Fixtures and fittings - 15% - 20% reducing balance
Motor vehicles - 25% reducing balance
Tractors & machinery - 25% reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Bletchley Turf Company Limited (Registered number: 00705477)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 10 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 1,114,062
Additions 111,881
Disposals (19,350 )
At 31 December 2023 1,206,593
DEPRECIATION
At 1 January 2023 832,392
Charge for year 68,918
Eliminated on disposal (4,287 )
At 31 December 2023 897,023
NET BOOK VALUE
At 31 December 2023 309,570
At 31 December 2022 281,670

Bletchley Turf Company Limited (Registered number: 00705477)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 January 2023 56,250
Additions 105,000
Transfer to ownership (56,250 )
At 31 December 2023 105,000
DEPRECIATION
At 1 January 2023 3,743
Charge for year 14,438
Transfer to ownership (3,743 )
At 31 December 2023 14,438
NET BOOK VALUE
At 31 December 2023 90,562
At 31 December 2022 52,507

5. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax 67,321 44,167

Deferred
tax
£   
Balance at 1 January 2023 44,167
Provided during year 23,154
Balance at 31 December 2023 67,321

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
1,000 Ordinary £1 1,000 1,000