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
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
MIKES POULTRY LIMITED
Statement of financial position
as at 31 August 2023
Intangible assets
20,000
20,000
Tangible assets
66,773
80,336
Cash at bank and in hand
297,732
92,339
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
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
MIKES POULTRY LIMITED
Notes to the Accounts
for the year ended 31 August 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost.
4
Intangible fixed assets
Goodwill
At 1 September 2022
20,000
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
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
At 31 August 2023
30,000
21,377
15,396
66,773
At 31 August 2022
30,000
30,740
19,596
80,336
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
22,795
12,725
Taxes and social security
44,455
18,020
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).