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REGISTERED NUMBER: 12395219 (England and Wales)















AGRO CIBOS HOLDINGS LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2023






AGRO CIBOS HOLDINGS LIMITED (REGISTERED NUMBER: 12395219)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AGRO CIBOS HOLDINGS LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr C M Brackenbury
Mrs Z L Brackenbury



REGISTERED OFFICE: 2 The Coach House
Corneybury Farm
Buntingford
Hertfordshire
SG9 9RS



REGISTERED NUMBER: 12395219 (England and Wales)



ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX



BANKERS: HSBC UK Bank Plc
New Street
Birmingham
B2 4JU

AGRO CIBOS HOLDINGS LIMITED (REGISTERED NUMBER: 12395219)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 464,897 464,912

CURRENT ASSETS
Debtors 5 30 30
Cash at bank 26,075 10,405
26,105 10,435
CREDITORS
Amounts falling due within one year 6 50,018 240,120
NET CURRENT LIABILITIES (23,913 ) (229,685 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

440,984

235,227

CAPITAL AND RESERVES
Called up share capital 5,150 5,150
Retained earnings 435,834 230,077
440,984 235,227

AGRO CIBOS HOLDINGS LIMITED (REGISTERED NUMBER: 12395219)

Balance Sheet - continued
31 December 2023


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 directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 March 2024 and were signed on its behalf by:





Mr C M Brackenbury - Director


AGRO CIBOS HOLDINGS LIMITED (REGISTERED NUMBER: 12395219)

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

1. STATUTORY INFORMATION

Agro Cibos Holdings 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
The company only enters into basis financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans from related parties.

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.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

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

AGRO CIBOS HOLDINGS LIMITED (REGISTERED NUMBER: 12395219)

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023 464,912
Disposals (15 )
At 31 December 2023 464,897
NET BOOK VALUE
At 31 December 2023 464,897
At 31 December 2022 464,912

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
VAT 30 30

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 7) - 4,327
Amounts owed to group undertakings 50,000 235,775
Accrued expenses 18 18
50,018 240,120

7. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans - 4,327