2022-11-08 NI692439 2024-03-31 NI692439 2022-11-08 2024-03-31 NI692439 uk-core:WithinOneYear 2024-03-31 NI692439 uk-core:AfterOneYear 2024-03-31 NI692439 uk-core:ShareCapital 2024-03-31 NI692439 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 NI692439 uk-bus:Director1 2022-11-08 2024-03-31 NI692439 uk-core:LandBuildings 2022-11-08 2024-03-31 NI692439 uk-core:PlantMachinery 2022-11-08 2024-03-31 NI692439 uk-core:LandBuildings 2024-03-31 NI692439 uk-core:PlantMachinery 2024-03-31 iso4217:GBP xbrli:pure NI692439 uk-bus:AuditExemptWithAccountantsReport 2022-11-08 2024-03-31 NI692439 uk-bus:FRS102 2022-11-08 2024-03-31 NI692439 uk-bus:FilletedAccounts 2022-11-08 2024-03-31 NI692439 uk-bus:PrivateLimitedCompanyLtd 2022-11-08 2024-03-31
Rose Lodge Farms Ltd
Registered Number:NI692439
For the period ended 31 March 2024
Northern Ireland
Unaudited Financial Statements
2
For the period ended 31 March 2024
Rose Lodge Farms Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
NI692439
As at 31 March 2024
Rose Lodge Farms Ltd
Statement of Financial Position
£
2024
Notes
Fixed assets
Property, plant and equipment
262,541
2
262,541
Current assets
Inventories
475,812
3
Trade and other receivables
74,007
4
Cash and cash equivalents
19,166
568,985
Trade and other payables: amounts falling due within one
year
(210,634)
5
358,351
Net current assets
Total assets less current liabilities
620,892
Trade and other payables: amounts falling due after more
than one year
(550,000)
6
70,892
Net assets/liabilities
Capital and reserves
Called up share capital
120
Retained earnings
70,772
70,892
Shareholders' funds
For the period ended 31 March 2024 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 of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Robert Ian Gillespie Director
These financial statements were approved and authorised for issue by the Board on 31 July 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the period ended 31 March 2024
Rose Lodge Farms Ltd
Notes to the Financial Statements
Statutory Information
Rose Lodge Farms Ltd is a private limited company, limited by shares, domiciled in Northern Ireland, registration
number NI692439.
Registered address:
Rose Lodge
22 Polnagh Road
Killylea
Armagh
BT60 4NW
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
4 Straight line
Plant and Machinery
10 Reducing balance
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2. Property, plant and equipment
Total
Plant and
Machinery
Land and
Buildings
£
£
£
Cost or
valuation
279,724
99,902
179,822
Additions
At 31 March 2024
179,822
99,902
279,724
Provision for depreciation and impairment
Charge for period
17,183
9,990
7,193
At 31 March 2024
17,183
9,990
7,193
At 31 March 2024
Net book value
172,629
89,912
262,541
2 of 3
5
For the period ended 31 March 2024
Rose Lodge Farms Ltd
Notes to the Financial Statements Continued
3. Inventories
2024
£
Stocks
475,812
4. Trade and other receivables
2024
£
Trade debtors
68,761
Other debtors
5,246
74,007
5. Trade and other payables: amounts falling due within one year
2024
£
Trade creditors
80,692
Taxation and social security
5,203
Other creditors
124,739
210,634
6. Trade and other payables: amounts falling due after more than one year
2024
£
Other creditors
550,000
7. Average number of persons employed
During the year the average number of employees was 1
3 of 3