Company registration number 14238202 (England and Wales)
CLARKE FARMING LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023
PAGES FOR FILING WITH REGISTRAR
CLARKE FARMING LTD
BALANCE SHEET
AS AT
31 JULY 2023
31 July 2023
- 1 -
2023
£
£
Fixed assets
153,750
Current assets
438,346
Prepayments and accrued income
2,412
Creditors: amounts falling due within one year
(487,461)
Net current liabilities
(46,703)
Total assets less current liabilities
107,047
Creditors: amounts falling due after more than one year
(106,717)
Accruals and deferred income
(12,306)
Net liabilities
(11,976)
Capital and reserves
(11,976)
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees

The company made the following loans and advances to directors:

Advances to Directors

During the year £118,486 was advanced to a director and £118,486 was subsequently repaid. The balance owed by the director at the beginning of the year was £Nil and at the end of the year was £Nil. This loan has accrued interest on overdrawn amounts of £546 in the accounting period.

2
Financial commitments, guarantees and contingencies

The company made the following capital commitments and contingencies:

Charges on Assets

The company had bank loans and overdrafts totalling £185,416 and net obligations under finance leases and hire purchase contracts totalling £98,020 which are secured.

 

The bank loans are secured on a fixed and floating charge over the assets of the company and the finance leases and hire purchase contracts are secured over the assets concerned.

CLARKE FARMING LTD
BALANCE SHEET (CONTINUED)
AS AT
31 JULY 2023
31 July 2023
- 2 -
3
Employees

The average number of persons, including directors, employed by the company during the Period was as follows:

2023
Number
Employees
1
4
Going concern

These financial statements are prepared on the going concern basis. The director has a reasonable expectation that the company will continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

Clarke Farming Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Park Farm, Kiddington, WOODSTOCK, Oxfordshire, OX20 1BW.

For the Period ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 13 April 2024
..............................................
Mr Samuel Clarke
Director
Company registration number 14238202 (England and Wales)
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