TREGARE TURKEYS LIMITED

Company Registration Number:
02585622 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

TREGARE TURKEYS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

TREGARE TURKEYS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 865,066 888,611
Total fixed assets: 865,066 888,611
Current assets
Stocks: 167,784 115,948
Debtors:   25,813 93,433
Cash at bank and in hand: 41,265 3,736
Investments:   10 10
Total current assets: 234,872 213,127
Creditors: amounts falling due within one year:   (237,473) (163,732)
Net current assets (liabilities): (2,601) 49,395
Total assets less current liabilities: 862,465 938,006
Creditors: amounts falling due after more than one year:   (82,632) (186,741)
Provision for liabilities: (8,010) (8,010)
Total net assets (liabilities): 771,823 743,255
Capital and reserves
Called up share capital: 2 4
Other reserves:   (834,204)
Profit and loss account: 771,821 1,577,455
Shareholders funds: 771,823 743,255

The notes form part of these financial statements

TREGARE TURKEYS LIMITED

Balance sheet statements

For the year ending 31 March 2024 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 20 August 2024
and signed on behalf of the board by:

Name: Mr I L Williams
Status: Director

The notes form part of these financial statements

TREGARE TURKEYS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

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

Turnover policy

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and in accordance with FRS 102, ’The Financial Reporting Standard applicable in the UK and Republic of Ireland’.

Tangible fixed assets and depreciation policy

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount. Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Valuation and information policy

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

TREGARE TURKEYS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 4 6

TREGARE TURKEYS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 1,667,563
Additions 4,611
At 31 March 2024 1,672,174
Depreciation
At 01 April 2023 778,952
Charge for year 28,156
At 31 March 2024 807,108
Net book value
At 31 March 2024 865,066
At 31 March 2023 888,611