2023-03-01 NI694534 2024-02-29 NI694534 2023-03-01 2024-02-29 NI694534 uk-core:WithinOneYear 2024-02-29 NI694534 uk-core:AfterOneYear 2024-02-29 NI694534 uk-core:ShareCapital 2024-02-29 NI694534 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 NI694534 uk-bus:Director1 2023-03-01 2024-02-29 NI694534 uk-core:ComputerEquipment 2023-03-01 2024-02-29 NI694534 uk-core:PlantMachinery 2023-03-01 2024-02-29 NI694534 uk-core:Land 2023-03-01 2024-02-29 NI694534 uk-core:Land 2024-02-29 NI694534 uk-core:PlantMachinery 2024-02-29 NI694534 uk-core:ComputerEquipment 2024-02-29 NI694534 uk-core:WithinOneYear 2024-02-29 NI694534 uk-core:AfterOneYear uk-core:Secured 2024-02-29 iso4217:GBP xbrli:pure NI694534 uk-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 NI694534 uk-bus:FRS102 2023-03-01 2024-02-29 NI694534 uk-bus:FilletedAccounts 2023-03-01 2024-02-29 NI694534 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29
PORTNELLIGAN FARMS LTD
Registered Number:NI694534
For the year ended 29 February 2024
Northern Ireland
Unaudited Financial Statements
2
For the year ended 29 February 2024
PORTNELLIGAN FARMS LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
NI694534
As at 29 February 2024
PORTNELLIGAN FARMS LTD
Statement of Financial Position
£
2024
Notes
Fixed assets
Property, plant and equipment
1,362,483
2
1,362,483
Current assets
Inventories
178,800
3
Trade and other receivables
26,824
4
Cash and cash equivalents
280,150
485,774
Trade and other payables: amounts falling due within one
year
(645,539)
5
(159,765)
Net current liabilities
Total assets less current liabilities
1,202,718
Trade and other payables: amounts falling due after more
than one year
(1,099,001)
6
103,717
Net assets/liabilities
Capital and reserves
Called up share capital
1
Retained earnings
103,716
103,717
Shareholders' funds
For the year ended 29 February 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 year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his 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 Brian Bell Director
These financial statements were approved and authorised for issue by the Board on 16 May 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 29 February 2024
PORTNELLIGAN FARMS LTD
Notes to the Financial Statements
Statutory Information
PORTNELLIGAN FARMS LTD is a private limited company, limited by shares, domiciled in Northern Ireland,
registration number NI694534.
Registered address:
236 Monaghan Road
Middletown
Armagh
BT60 4HQ
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.
2. Property, plant and equipment
Total
Computer
Equipment
Plant and
Machinery
Land and
Buildings
£
£
£
£
Cost or
valuation
1,440,458
500
622,998
816,960
Additions
At 29 February 2024
816,960
622,998
500
1,440,458
Provision for depreciation and impairment
Charge for year
77,975
100
77,875
-
At 29 February 2024
77,975
100
77,875
-
At 29 February 2024
Net book value
816,960
545,123
400
1,362,483
3. Inventories
2024
£
Stocks
178,800
2 of 3
5
For the year ended 29 February 2024
PORTNELLIGAN FARMS LTD
Notes to the Financial Statements Continued
4. Trade and other receivables
2024
£
Trade debtors
22,230
Other debtors
4,594
26,824
5. Trade and other payables: amounts falling due within one year
2024
£
Bank loans and overdraft
133,785
Trade creditors
266,400
Taxation and social security
35,392
Other creditors
209,962
645,539
6. Trade and other payables: amounts falling due after more than one year
2024
£
Bank loans and overdraft
1,099,001
7. Average number of persons employed
During the year the average number of employees was 0
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