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COMPANY REGISTRATION NUMBER: 11263772
Second Element Agriculture Limited
Filleted Unaudited Financial Statements
For the year ended
31 October 2023
Second Element Agriculture Limited
Statement of Financial Position
31 October 2023
2023
2022
£
£
Fixed assets
1,800,185
1,806,132
------------
------------
Current assets
7,063
3,615
Prepayments and accrued income
1,407
-------
-------
8,470
3,615
Creditors: amounts falling due within one year
869,336
770,609
------------
------------
Net current liabilities
( 860,866)
( 766,994)
---------
------------
Total assets less current liabilities
939,319
1,039,138
Creditors: amounts falling due after more than one year
1,150,274
1,195,800
Accruals and deferred income
1,687
2,100
------------
------------
(212,642)
(158,762)
------------
------------
Capital and reserves
( 212,642)
( 158,762)
---------
---------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2022: 1 ).
2. Director's 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
Balance outstanding
£
£
£
R E M Danielson
2,945
( 2,945)
-------
-------
----
2022
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
R E M Danielson
2,945
2,945
----
-------
-------
For the 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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These 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 15 July 2024 , and are signed on behalf of the board by:
R E M Danielson
Director
Company registration number: 11263772
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Clare Cottage, Gallamore Lane, Market Rasen, LN8 3HZ, United Kingdom.