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REGISTERED NUMBER: 05881093 (England and Wales)















HARDYS ANIMAL FARM LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






HARDYS ANIMAL FARM LIMITED (REGISTERED NUMBER: 05881093)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 4


HARDYS ANIMAL FARM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: J G Hardy
G D Hardy
S D Hardy





REGISTERED OFFICE: Hawthorne House
Boltons Lane
Ingoldmells
Skegness
Lincolnshire
PE25 1JJ





REGISTERED NUMBER: 05881093 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
3 Castlegate
Grantham
Lincolnshire
NG31 6SF

HARDYS ANIMAL FARM LIMITED (REGISTERED NUMBER: 05881093)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 185,032 207,725

CURRENT ASSETS
Stocks 12,114 13,363
Debtors 5 8,935 35,565
Cash at bank 52,796 153,769
73,845 202,697
CREDITORS
Amounts falling due within one year 6 228,661 302,094
NET CURRENT LIABILITIES (154,816 ) (99,397 )
TOTAL ASSETS LESS CURRENT LIABILITIES 30,216 108,328

PROVISIONS FOR LIABILITIES 14,536 13,430
NET ASSETS 15,680 94,898

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings 14,680 93,898
SHAREHOLDERS' FUNDS 15,680 94,898

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by:





G D Hardy - Director


HARDYS ANIMAL FARM LIMITED (REGISTERED NUMBER: 05881093)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Hardys Animal 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.

Turnover
Turnover represents the fair value of consideration received for net invoiced sales of livestock, entrance fees and sales from the shop and cafe, excluding value added tax.

Livestock sales are recognised upon dispatch, revenue from entrance fees is recognised on the date of admission and shop and cafe takings are recognised at the point of sale.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Tenants improvements- 10% on reducing balance
Plant and machinery- 15% on reducing balance
Fixtures and fittings- 15% on reducing balance
Computer equipment- 33% on cost

Stocks
Stocks represent the farm valuation which has been prepared by independent valuers at the lower of cost and fair value less costs to complete and sell.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2022 - 15 ) .

HARDYS ANIMAL FARM LIMITED (REGISTERED NUMBER: 05881093)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Tenants Plant and and Computer
improvements machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 330,363 67,748 152,147 6,961 557,219
Additions - 2,799 - - 2,799
At 31 December 2023 330,363 70,547 152,147 6,961 560,018
DEPRECIATION
At 1 January 2023 196,555 48,701 97,987 6,251 349,494
Charge for year 13,381 3,277 8,124 710 25,492
At 31 December 2023 209,936 51,978 106,111 6,961 374,986
NET BOOK VALUE
At 31 December 2023 120,427 18,569 46,036 - 185,032
At 31 December 2022 133,808 19,047 54,160 710 207,725

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 264
Amounts owed by group parties 4,633 27,764
VAT - 1,691
Prepayments and accrued income 4,302 5,846
8,935 35,565

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,509 968
Amounts owed to group parties 216,274 266,274
Taxation - 21,830
Other taxes and social security 3,160 5,354
VAT 668 -
Accruals and deferred income 7,050 7,668
228,661 302,094

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary £1 1,000 1,000