Horticulture Crop Protection UK Limited 14502535 false 2022-11-23 2024-03-31 2024-03-31 The principal activity of the company is Support activities for crop production Digita Accounts Production Advanced 6.30.9574.0 true true 14502535 2022-11-23 2024-03-31 14502535 2024-03-31 14502535 core:FinancialAssetsCostLessImpairment core:Non-currentFinancialInstruments 2024-03-31 14502535 core:CurrentFinancialInstruments 2024-03-31 14502535 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 14502535 core:OtherResidualIntangibleAssets 2024-03-31 14502535 core:FurnitureFittingsToolsEquipment 2024-03-31 14502535 bus:SmallEntities 2022-11-23 2024-03-31 14502535 bus:AuditExemptWithAccountantsReport 2022-11-23 2024-03-31 14502535 bus:FullAccounts 2022-11-23 2024-03-31 14502535 bus:SmallCompaniesRegimeForAccounts 2022-11-23 2024-03-31 14502535 bus:RegisteredOffice 2022-11-23 2024-03-31 14502535 bus:CompanySecretary1 2022-11-23 2024-03-31 14502535 bus:Director1 2022-11-23 2024-03-31 14502535 bus:Director2 2022-11-23 2024-03-31 14502535 bus:Director3 2022-11-23 2024-03-31 14502535 bus:Director4 2022-11-23 2024-03-31 14502535 bus:Director5 2022-11-23 2024-03-31 14502535 bus:Director6 2022-11-23 2024-03-31 14502535 bus:Director7 2022-11-23 2024-03-31 14502535 bus:Director8 2022-11-23 2024-03-31 14502535 bus:Director9 2022-11-23 2024-03-31 14502535 bus:CompanyLimitedByGuarantee 2022-11-23 2024-03-31 14502535 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-11-23 2024-03-31 14502535 core:OtherResidualIntangibleAssets 2022-11-23 2024-03-31 14502535 core:FurnitureFittingsToolsEquipment 2022-11-23 2024-03-31 14502535 core:OfficeEquipment 2022-11-23 2024-03-31 14502535 countries:AllCountries 2022-11-23 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 14502535

Horticulture Crop Protection UK Limited

(A company limited by guarantee)

Unaudited Filleted Financial Statements

for the Period from 23 November 2022 to 31 March 2024

 

Horticulture Crop Protection UK Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Horticulture Crop Protection UK Limited

Company Information

Directors

M L Sutherland

W Wilkinson

R G Parker

R W James

A M Capper

S J Rix

C D Carr

R T Squance

K P Williams

Company secretary

J Ward

On behalf of BGA Ltd

Registered office

BGA House
Nottingham Road
Louth
Lincolnshire
LN11 0WB

 

Horticulture Crop Protection UK Limited

(Registration number: 14502535)
Balance Sheet as at 31 March 2024

Note

2024
£

Fixed assets

 

Intangible assets

4

8,347

Tangible assets

5

11,291

Other financial assets

6

1

 

19,639

Current assets

 

Debtors

7

307,527

Cash at bank and in hand

 

418,105

 

725,632

Creditors: Amounts falling due within one year

8

(745,271)

Net current liabilities

 

(19,639)

Net assets/(liabilities)

 

-

Reserves

 

Surplus/(deficit)

 

-

For the financial period ending 31 March 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the Company to obtain an audit of its accounts for the period in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 August 2024 and signed on its behalf by:
 

.........................................
J Ward
Company secretary

On behalf of BGA Ltd

 

Horticulture Crop Protection UK Limited

Notes to the Unaudited Financial Statements for the Period from 23 November 2022 to 31 March 2024

1

General information

The company is a private company limited by guarantee incorporated in England and Wales and the company
registration number is 03127365.

These financial statements cover the individual entity, Horticulture Crop Protection UK Limited.
 

The address of its registered office is:
BGA House
Nottingham Road
Louth
Lincolnshire
LN11 0WB

These financial statements were authorised for issue by the Board on 23 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements have been prepared in sterling which is the functional currency of the company and are rounded to the nearest pound.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Horticulture Crop Protection UK Limited

Notes to the Unaudited Financial Statements for the Period from 23 November 2022 to 31 March 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office Equipment

33.33% Straight Line Basis

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Website Development Costs

33.33% Straight Line Basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the Company (including Directors) during the period, was 6.

 

Horticulture Crop Protection UK Limited

Notes to the Unaudited Financial Statements for the Period from 23 November 2022 to 31 March 2024

4

Intangible assets

Website Development Costs
£

Total
£

Cost or valuation

Additions acquired separately

10,017

10,017

At 31 March 2024

10,017

10,017

Amortisation

Amortisation charge

1,670

1,670

At 31 March 2024

1,670

1,670

Carrying amount

At 31 March 2024

8,347

8,347

5

Tangible assets

Office Equipment
£

Total
£

Cost or valuation

Additions

16,936

16,936

At 31 March 2024

16,936

16,936

Depreciation

Charge for the period

5,645

5,645

At 31 March 2024

5,645

5,645

Carrying amount

At 31 March 2024

11,291

11,291

6

Other financial assets (current and non-current)

Financial assets at cost less impairment
£

Total
£

Non-current financial assets

Cost or valuation

Additions

1

1

At 31 March 2024

1

1

Impairment

Carrying amount

At 31 March 2024

1

1

 

Horticulture Crop Protection UK Limited

Notes to the Unaudited Financial Statements for the Period from 23 November 2022 to 31 March 2024

7

Debtors

Current

2024
£

Trade debtors

304,254

Prepayments

2,417

Other debtors

856

 

307,527

8

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Trade creditors

56,751

Taxation and social security

16,852

Accruals and deferred income

653,643

Other creditors

18,025

745,271