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REGISTERED NUMBER: 05525880 (England and Wales)















JENKINS TY HEN LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023






JENKINS TY HEN LIMITED (REGISTERED NUMBER: 05525880)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 APRIL 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JENKINS TY HEN LIMITED

COMPANY INFORMATION
for the Year Ended 30 APRIL 2023







DIRECTORS: Mr D G Jenkins
Mr W L Jenkins



SECRETARY: Mrs M H Jenkins



REGISTERED OFFICE: Broyan House
Priory Street
Cardigan
Ceredigion
SA43 1BZ



REGISTERED NUMBER: 05525880 (England and Wales)



ACCOUNTANTS: D M B Davies Limited
Broyan House
Priory Street
Cardigan
Ceredigion
SA43 1BZ



BANKERS: Nat West Bank plc
4 High Street
Cardigan
Ceredigion
SA43 1HF

JENKINS TY HEN LIMITED (REGISTERED NUMBER: 05525880)

BALANCE SHEET
30 APRIL 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 705
Tangible assets 5 495,058 428,740
495,058 429,445

CURRENT ASSETS
Stocks 450,810 447,810
Debtors 6 95,688 74,565
Investments 7 83,777 82,827
Cash at bank 36,253 -
666,528 605,202
CREDITORS
Amounts falling due within one year 8 167,038 202,559
NET CURRENT ASSETS 499,490 402,643
TOTAL ASSETS LESS CURRENT
LIABILITIES

994,548

832,088

CREDITORS
Amounts falling due after more than one
year

9

(97,761

)

(47,848

)

PROVISIONS FOR LIABILITIES (68,809 ) (56,202 )
NET ASSETS 827,978 728,038

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 827,976 728,036
SHAREHOLDERS' FUNDS 827,978 728,038

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

JENKINS TY HEN LIMITED (REGISTERED NUMBER: 05525880)

BALANCE SHEET - continued
30 APRIL 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 January 2024 and were signed on its behalf by:





Mr D G Jenkins - Director


JENKINS TY HEN LIMITED (REGISTERED NUMBER: 05525880)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 APRIL 2023


1. STATUTORY INFORMATION

Jenkins Ty Hen 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Single farm payment entitlement
The cost of the single farm payment entitlement purchased has been amortised over its expected useful life.

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 etc - 25% on reducing balance and 15% 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

JENKINS TY HEN LIMITED (REGISTERED NUMBER: 05525880)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 APRIL 2023


3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 May 2022
and 30 April 2023 7,050
AMORTISATION
At 1 May 2022 6,345
Charge for year 705
At 30 April 2023 7,050
NET BOOK VALUE
At 30 April 2023 -
At 30 April 2022 705

5. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2022 132,748 914,232 15,465 317 1,062,762
Additions - 152,374 - - 152,374
Disposals - (21,800 ) - - (21,800 )
At 30 April 2023 132,748 1,044,806 15,465 317 1,193,336
DEPRECIATION
At 1 May 2022 - 620,950 12,993 79 634,022
Charge for year - 63,578 618 60 64,256
At 30 April 2023 - 684,528 13,611 139 698,278
NET BOOK VALUE
At 30 April 2023 132,748 360,278 1,854 178 495,058
At 30 April 2022 132,748 293,282 2,472 238 428,740

JENKINS TY HEN LIMITED (REGISTERED NUMBER: 05525880)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 APRIL 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 43,435 38,886
Other debtors 52,253 35,679
95,688 74,565

7. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Arla Foods investment 79,942 79,942
CCF Share account 3,835 2,885
83,777 82,827

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 61,931
Hire purchase contracts 23,207 15,187
Trade creditors 117,776 89,546
Taxation and social security 24,855 34,195
Other creditors 1,200 1,700
167,038 202,559

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 62,180 2,650
Other creditors 35,581 45,198
97,761 47,848

10. RELATED PARTY DISCLOSURES

The director G Jenkins was paid rent of £20,000 during the year.

11. ULTIMATE CONTROLLING PARTY

Ultimate control of the Company is exercised by the directors and shareholders equally.