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Company registration number: NI623942
Moyola Farm Ltd
Trading as Moyola Farm Ltd
Unaudited filleted financial statements
31 May 2023
Moyola Farm Ltd
Contents
Directors and other information
Statement of financial position and notes to the financial statements
Moyola Farm Ltd
Directors and other information
Director Ivor Mc Kinney
Company number NI623942
Registered office Tobermore
Maghera
N. Ireland
BT46 5DL
Business address 11a Ballynahone Road
Tobermore
Maghera
BT46 5DL
Bankers Ulster Bank Limited
13 Main Street
Maghera
BT46 5AA
Moyola Farm Ltd
Statement of financial position
31 May 2023
2023 2022
£ £
Fixed assets 392,551 386,532
_______ _______
Current assets 145,881 141,806
Creditors: amounts falling due within one year ( 182,434) ( 209,807)
_______ _______
Net current liabilities ( 36,553) ( 68,001)
_______ _______
Total assets less current liabilities 355,998 318,531
Creditors: amounts falling due after more than one year ( 24,420) ( 32,069)
Accruals and deferred income ( 36,850) ( 20,788)
_______ _______
Net assets 294,728 265,674
_______ _______
Capital and reserves 294,728 265,674
_______ _______
Notes to the financial statements
Moyola Farm Ltd
Year ended 31 May 2023
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2022: 2 ).
2. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Ivor Mc Kinney ( 142,751) ( 623) 10,277 ( 133,097)
_______ _______ _______ _______
2022
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Ivor Mc Kinney ( 149,270) ( 12,105) 18,624 ( 142,751)
_______ _______ _______ _______
Included in creditors is a loan from the director, Ivor McKinney. This is an interest free loan and is repayable on demand. The balance owed to Mr Ivor McKinney at 31 May 2023 was £133,097. 31 May 2022 £142,751.
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 14 February 2024 , and are signed on behalf of the board by:
Ivor Mc Kinney
Director
Company registration number: NI623942
The company is a private company limited by shares, registered in N.Ireland.