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REGISTERED NUMBER: 10478326 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th November 2023

for

Two Cocks Farm Limited

Two Cocks Farm Limited (Registered number: 10478326)






Contents of the Financial Statements
for the Year Ended 30th November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Two Cocks Farm Limited

Company Information
for the Year Ended 30th November 2023







DIRECTORS: Ms S M Logan
Mrs C Davenport





SECRETARY:





REGISTERED OFFICE: Orwell House
50 High Street
Hungerford
Berkshire
RG17 0NE





REGISTERED NUMBER: 10478326 (England and Wales)





ACCOUNTANTS: LJ Smith Accountants Ltd
Orwell House
50 High Street
Hungerford
Berkshire
RG17 0NE

Two Cocks Farm Limited (Registered number: 10478326)

Balance Sheet
30th November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,447 34,678

CURRENT ASSETS
Stocks 10,240 6,220
Debtors 5 2,840 3,479
Cash at bank 57,367 55,818
70,447 65,517
CREDITORS
Amounts falling due within one year 6 175,563 184,571
NET CURRENT LIABILITIES (105,116 ) (119,054 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(73,669

)

(84,376

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (73,769 ) (84,476 )
(73,669 ) (84,376 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th August 2024 and were signed on its behalf by:





Mrs C Davenport - Director


Two Cocks Farm Limited (Registered number: 10478326)

Notes to the Financial Statements
for the Year Ended 30th November 2023

1. STATUTORY INFORMATION

Two Cocks Farm Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts continue to be prepared on a going concern basis as the directors and shareholders of the company will continue to provide support for the foreseeable future.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on cost
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Two Cocks Farm Limited (Registered number: 10478326)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st December 2022 97,031 11,500 108,531
Additions 425 - 425
At 30th November 2023 97,456 11,500 108,956
DEPRECIATION
At 1st December 2022 62,353 11,500 73,853
Charge for year 3,656 - 3,656
At 30th November 2023 66,009 11,500 77,509
NET BOOK VALUE
At 30th November 2023 31,447 - 31,447
At 30th November 2022 34,678 - 34,678

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,840 2,200
Other debtors - 1,279
2,840 3,479

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 1
Taxation and social security 3,609 1,202
Other creditors 171,954 183,368
175,563 184,571