COLIN PHILLIPS (FARMS) LIMITED

Company Registration Number:
03474578 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

COLIN PHILLIPS (FARMS) LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

COLIN PHILLIPS (FARMS) LIMITED

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 2,149,084 2,144,982
Total fixed assets: 2,149,084 2,144,982
Current assets
Stocks: 941,000 946,960
Debtors:   82,803 120,209
Cash at bank and in hand: 365,026 159,561
Total current assets: 1,388,829 1,226,730
Creditors: amounts falling due within one year:   (442,499) (410,305)
Net current assets (liabilities): 946,330 816,425
Total assets less current liabilities: 3,095,414 2,961,407
Creditors: amounts falling due after more than one year:   (1,805,038) (1,998,433)
Total net assets (liabilities): 1,290,376 962,974
Capital and reserves
Called up share capital: 101 101
Other reserves: 240,776 240,776
Profit and loss account: 1,049,499 722,097
Shareholders funds: 1,290,376 962,974

The notes form part of these financial statements

COLIN PHILLIPS (FARMS) LIMITED

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 May 2024
and signed on behalf of the board by:

Name: COLIN PHILLIPS
Status: Director

The notes form part of these financial statements

COLIN PHILLIPS (FARMS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

COLIN PHILLIPS (FARMS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 3 3

COLIN PHILLIPS (FARMS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible Assets

Total
Cost £
At 01 December 2022 4,176,535
Additions 306,666
Disposals (146,250)
At 30 November 2023 4,336,951
Depreciation
At 01 December 2022 2,031,553
Charge for year 263,577
On disposals (107,263)
At 30 November 2023 2,187,867
Net book value
At 30 November 2023 2,149,084
At 30 November 2022 2,144,982