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REGISTERED NUMBER: 06105058 (England and Wales)











Whittal Seeds Limited

Unaudited Financial Statements

for the Year Ended 31 December 2023






Whittal Seeds Limited (Registered number: 06105058)

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










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Whittal Seeds Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: PSJ Whittal
Mrs JM Whittal





SECRETARY: Mrs JM Whittal





REGISTERED OFFICE: Bowling Green Farm
Clehonger
Hereford
HR2 9SJ





REGISTERED NUMBER: 06105058 (England and Wales)





ACCOUNTANTS: The Hutchinson Partnership Limited
trading as The Hutchinson Partnership
Chartered Accountants
The Bull Pen
Grove Farm
Portway, Burghill
Hereford
HR4 8NF

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Whittal Seeds Limited


The following reproduces the text of the report prepared for the directors 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 Statement of Income and Retained Earnings and certain other primary statements and the Report of the Directors 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 Whittal Seeds Limited for the year ended 31 December 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Whittal Seeds Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Whittal Seeds Limited and state those matters that we have agreed to state to the Board of Directors of Whittal Seeds Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Whittal Seeds Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Whittal Seeds 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 Whittal Seeds Limited. You consider that Whittal Seeds 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 Whittal Seeds 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.






The Hutchinson Partnership Limited
trading as The Hutchinson Partnership
Chartered Accountants
The Bull Pen
Grove Farm
Portway, Burghill
Hereford
HR4 8NF


28 March 2024

Whittal Seeds Limited (Registered number: 06105058)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 69,170 81,863

CURRENT ASSETS
Stocks 135,417 160,106
Debtors 5 283,014 340,748
Cash at bank and in hand 497,057 338,139
915,488 838,993
CREDITORS
Amounts falling due within one year 6 71,187 73,570
NET CURRENT ASSETS 844,301 765,423
TOTAL ASSETS LESS CURRENT
LIABILITIES

913,471

847,286

PROVISIONS FOR LIABILITIES 7 7,051 7,976
NET ASSETS 906,420 839,310

CAPITAL AND RESERVES
Allotted issued and fully
paid share capital 1,000 1,000
Retained earnings 905,420 838,310
SHAREHOLDERS' FUNDS 906,420 839,310

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.

Whittal Seeds Limited (Registered number: 06105058)

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.

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 Board of Directors and authorised for issue on 28 March 2024 and were signed on its behalf by:





PSJ Whittal - Director


Whittal Seeds Limited (Registered number: 06105058)

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


1. STATUTORY INFORMATION

Whittal Seeds 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.

The directors have considered the financial requirements of the company and consider that it will be able to operate within its agreed finance facilities for the next 12 months. The directors therefore consider it appropriate to prepare accounts on the going concern basis.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Office equipment - 20% on reducing balance
Motor vehicles - 25% on 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 Statement of Income and Retained Earnings, 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.

Whittal Seeds Limited (Registered number: 06105058)

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


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES

The average number of employees during the year was 3 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and Office Motor
machinery equipment vehicles Totals
£    £    £    £   
COST
At 1 January 2023
and 31 December 2023 143,052 10,000 9,000 162,052
DEPRECIATION
At 1 January 2023 66,611 7,425 6,153 80,189
Charge for year 11,466 515 712 12,693
At 31 December 2023 78,077 7,940 6,865 92,882
NET BOOK VALUE
At 31 December 2023 64,975 2,060 2,135 69,170
At 31 December 2022 76,441 2,575 2,847 81,863

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 30,510 69,768
PSJ Whittal partnership 151,798 158,479
Whittal Poultry Limited 59,456 59,456
VAT - 9,267
Prepayments and accrued income - 2,528
241,764 299,498

Amounts falling due after more than one year:
S455 tax 41,250 41,250

Aggregate amounts 283,014 340,748

Whittal Seeds Limited (Registered number: 06105058)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 5,937 5,458
Taxation and social security 58,272 62,133
Other creditors 6,978 5,979
71,187 73,570

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Advanced capital allowances 7,051 7,976

Deferred
tax
£   
Balance at 1 January 2023 7,976
Change in rate of tax
Movement in capital allowances (925 )
Balance at 31 December 2023 7,051

8. RELATED PARTY DISCLOSURES

The company has advanced a loan to a partnership run by the directors. The balance at the year end was £151,798 (2022: £158,479). During the year interest of £4,500 (2022: £3,979) was charged.

The company has advanced a loan to a company under common control; the balance at the year end was £59,456 (2022: £59,456). It is interest free and repayable on demand.

Included in creditors is £3,697 (2022: £2,809) due to directors. This is interest free and repayable on demand.