A. B. POTATOES LTD

Company Registration Number:
NI616616 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

A. B. POTATOES LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

A. B. POTATOES LTD

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 195,000 150,000
Tangible assets: 4 1,122,256 1,064,026
Total fixed assets: 1,317,256 1,214,026
Current assets
Stocks: 328,041 321,516
Debtors:   316,975 324,142
Cash at bank and in hand: 31,417 5,108
Total current assets: 676,433 650,766
Creditors: amounts falling due within one year:   (584,232) (478,509)
Net current assets (liabilities): 92,201 172,257
Total assets less current liabilities: 1,409,457 1,386,283
Creditors: amounts falling due after more than one year:   (571,790) (649,734)
Total net assets (liabilities): 837,667 736,549
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 837,657 736,539
Shareholders funds: 837,667 736,549

The notes form part of these financial statements

A. B. POTATOES LTD

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 March 2024
and signed on behalf of the board by:

Name: Adrian Burns
Status: Director

The notes form part of these financial statements

A. B. POTATOES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

A. B. POTATOES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 6 0

A. B. POTATOES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Intangible Assets

Total
Cost £
At 01 August 2022 411,000
Additions 45,000
At 31 July 2023 456,000
Amortisation
At 01 August 2022 261,000
At 31 July 2023 261,000
Net book value
At 31 July 2023 195,000
At 31 July 2022 150,000

A. B. POTATOES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible Assets

Total
Cost £
At 01 August 2022 1,783,186
Additions 213,926
At 31 July 2023 1,997,112
Depreciation
At 01 August 2022 719,160
Charge for year 155,696
At 31 July 2023 874,856
Net book value
At 31 July 2023 1,122,256
At 31 July 2022 1,064,026