Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false2023-04-01falseNo description of principal activity66truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC087448 2023-04-01 2024-03-31 SC087448 2022-04-01 2023-03-31 SC087448 2024-03-31 SC087448 2023-03-31 SC087448 c:CompanySecretary1 2023-04-01 2024-03-31 SC087448 c:Director1 2023-04-01 2024-03-31 SC087448 c:Director2 2023-04-01 2024-03-31 SC087448 c:Director3 2023-04-01 2024-03-31 SC087448 c:Director4 2023-04-01 2024-03-31 SC087448 c:Director5 2023-04-01 2024-03-31 SC087448 c:Director6 2023-04-01 2024-03-31 SC087448 c:RegisteredOffice 2023-04-01 2024-03-31 SC087448 d:CurrentFinancialInstruments 2024-03-31 SC087448 d:CurrentFinancialInstruments 2023-03-31 SC087448 d:Non-currentFinancialInstruments 2024-03-31 SC087448 d:Non-currentFinancialInstruments 2023-03-31 SC087448 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC087448 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 SC087448 d:ShareCapital 2024-03-31 SC087448 d:ShareCapital 2023-03-31 SC087448 d:RetainedEarningsAccumulatedLosses 2024-03-31 SC087448 d:RetainedEarningsAccumulatedLosses 2023-03-31 SC087448 c:OrdinaryShareClass1 2023-04-01 2024-03-31 SC087448 c:OrdinaryShareClass1 2024-03-31 SC087448 c:OrdinaryShareClass1 2023-03-31 SC087448 c:FRS102 2023-04-01 2024-03-31 SC087448 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC087448 c:FullAccounts 2023-04-01 2024-03-31 SC087448 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC087448 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC087448










J G PORTER FARMS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
J G PORTER FARMS LIMITED
 

COMPANY INFORMATION


DIRECTORS
J G Porter 
Mrs K I Porter 
T F Porter 
D A Porter 
Mrs L A Porter 
Ms M L Porter 




COMPANY SECRETARY
Mrs K I Porter



REGISTERED NUMBER
SC087448



REGISTERED OFFICE
Balhungie

Monifieth

DD5 4HY




ACCOUNTANTS
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
J G PORTER FARMS LIMITED
REGISTERED NUMBER: SC087448

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
£
£

FIXED ASSETS
  

Investments
  
100
100

  
100
100

CURRENT ASSETS
  

Debtors: amounts falling due after more than one year
 4 
740,000
740,000

Debtors: amounts falling due within one year
 4 
321,587
14,748

Cash at bank and in hand
  
5
5

  
1,061,592
754,753

Creditors: amounts falling due within one year
 5 
(18,115)
(10,161)

NET CURRENT ASSETS
  
 
 
1,043,477
 
 
744,592

TOTAL ASSETS LESS CURRENT LIABILITIES
  
1,043,577
744,692

  

NET ASSETS
  
1,043,577
744,692


CAPITAL AND RESERVES
  

Called up share capital 
  
100
100

Profit and loss account
  
1,043,477
744,592

  
1,043,577
744,692


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 August 2024.


J G Porter
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
J G PORTER FARMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


GENERAL INFORMATION

J G Porter Farms Limited is a private company, limited by shares, incorporated in Scotland with registration number SC087448.Tthe registered office is Balhungie, Monifieth, Angus, DD5 4HY. The Company's functional and presentational currency is GBP.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

  
2.2

COMPANY'S BUSINESS

The company's business is farming through its participation in the partnership of Messrs J G Porter. Income comprises of the company's share in ther partnership profits and losses each year. The book value of interest in the partnership comprises of the balance to its credit on the current and capital accounts in the books of that business. 

 
2.3

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.4

DIVIDENDS

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 6 (2023 - 6).

Page 2

 
J G PORTER FARMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


DEBTORS

2024
2023
£
£

DUE AFTER MORE THAN ONE YEAR

Other debtors
740,000
740,000

740,000
740,000


2024
2023
£
£

DUE WITHIN ONE YEAR

Other debtors
321,587
14,748

321,587
14,748



5.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Other creditors
17,515
9,561

Accruals and deferred income
600
600

18,115
10,161



6.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



Page 3