The Urban Farm Factory Ltd NI673572 true 2022-11-01 2023-10-31 2023-10-31 The principal activity of the company is Production of plant crops & seed in urban & peri-urban areas - Hemp Digita Accounts Production Advanced 6.30.9574.0 true true NI673572 2022-11-01 2023-10-31 NI673572 2023-10-31 NI673572 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-10-31 NI673572 core:CurrentFinancialInstruments 2023-10-31 NI673572 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 NI673572 bus:SmallEntities 2022-11-01 2023-10-31 NI673572 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 NI673572 bus:FilletedAccounts 2022-11-01 2023-10-31 NI673572 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 NI673572 bus:RegisteredOffice 2022-11-01 2023-10-31 NI673572 bus:Director1 2022-11-01 2023-10-31 NI673572 bus:OrdinaryShareClass1 bus:CumulativeShares 2022-11-01 2023-10-31 NI673572 bus:EntityHasNeverTraded 2022-11-01 2023-10-31 NI673572 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 NI673572 countries:NorthernIreland 2022-11-01 2023-10-31 NI673572 2021-11-01 2022-10-31 NI673572 bus:OrdinaryShareClass1 bus:CumulativeShares 2022-10-31 NI673572 core:CurrentFinancialInstruments 2022-10-31 NI673572 core:CurrentFinancialInstruments core:WithinOneYear 2022-10-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: NI673572

The Urban Farm Factory Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 October 2023

 

The Urban Farm Factory Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

The Urban Farm Factory Ltd

Company Information

Director

Mr Barry Heron

Registered office

C/0 Sp McKeown & Co
5 Lower Catherine Street
Newry
BT35 6BE

Accountants

SP McKeown & Co
Chartered Certified Accountants, Registered Auditors and Tax Advisors
5 Lower Catherine Street
Newry
Co Down
BT35 6BE

 

The Urban Farm Factory Ltd

(Registration number: NI673572)
Balance Sheet as at 31 October 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

1

1

Capital and reserves

 

Called up share capital

5

1

1

Shareholders' funds

 

1

1

For the financial year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial year ending 31 October 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 16 April 2024
 

.........................................
Mr Barry Heron
Director

   
     
 

The Urban Farm Factory Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

1

General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is:
C/0 Sp McKeown & Co
5 Lower Catherine Street
Newry
BT35 6BE

These financial statements were authorised for issue by the director on 16 April 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2022 - 1).

 

The Urban Farm Factory Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

4

Debtors

Current

2023
£

2022
£

Other debtors

1

1

 

1

1

5

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary share capital of £1 each

1

1

1

1