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Company Registration No. 08545302 (England and Wales)
MIKES POULTRY LIMITED Unaudited accounts for the year ended 31 August 2023
MIKES POULTRY LIMITED Unaudited accounts Contents
Page
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MIKES POULTRY LIMITED Company Information for the year ended 31 August 2023
Directors
Mr Michael Ram Bagley Mrs Harbans Kaur Bagley
Company Number
08545302 (England and Wales)
Registered Office
Unit 12 Princess End Industrial Park Nicholls Road Tipton West Midlands DY4 9LG England
Accountants
EJAZ & CO LTD Fairgate House 205 Kings Road Birmingham West Midlands B11 2AA
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MIKES POULTRY LIMITED Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
20,000 
20,000 
Tangible assets
66,773 
80,336 
86,773 
100,336 
Current assets
Inventories
5,725 
5,275 
Debtors
10,676 
8,523 
Cash at bank and in hand
297,732 
92,339 
314,133 
106,137 
Creditors: amounts falling due within one year
(70,050)
(32,733)
Net current assets
244,083 
73,404 
Total assets less current liabilities
330,856 
173,740 
Creditors: amounts falling due after more than one year
(55,674)
(31,594)
Net assets
275,182 
142,146 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
275,180 
142,144 
Shareholders' funds
275,182 
142,146 
For the year ending 31 August 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 April 2024 and were signed on its behalf by
Mr Michael Ram Bagley Director Company Registration No. 08545302
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MIKES POULTRY LIMITED Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
MIKES POULTRY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08545302. The registered office is Unit 12 Princess End Industrial Park, Nicholls Road, Tipton, West Midlands, DY4 9LG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10%
Motor vehicles
20%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2022
20,000 
At 31 August 2023
20,000 
Amortisation
At 1 September 2022
- 
At 31 August 2023
- 
Net book value
At 31 August 2023
20,000 
At 31 August 2022
20,000 
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MIKES POULTRY LIMITED Notes to the Accounts for the year ended 31 August 2023
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2022
30,000 
93,635 
31,349 
154,984 
At 31 August 2023
30,000 
93,635 
31,349 
154,984 
Depreciation
At 1 September 2022
- 
62,895 
11,753 
74,648 
Charge for the year
- 
9,363 
4,200 
13,563 
At 31 August 2023
- 
72,258 
15,953 
88,211 
Net book value
At 31 August 2023
30,000 
21,377 
15,396 
66,773 
At 31 August 2022
30,000 
30,740 
19,596 
80,336 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
6,676 
5,228 
Trade debtors
4,000 
3,295 
10,676 
8,523 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
22,795 
12,725 
Taxes and social security
44,455 
18,020 
Accruals
2,800 
1,988 
70,050 
32,733 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
55,674 
31,594 
9
Average number of employees
During the year the average number of employees was 12 (2022: 12).
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