Village Farm Developments Limited 08665034 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is property development Digita Accounts Production Advanced 6.30.9574.0 true 08665034 2023-04-01 2024-03-31 08665034 2024-03-31 08665034 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 08665034 bus:Micro-entities 2023-04-01 2024-03-31 08665034 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 08665034 bus:FullAccounts 2023-04-01 2024-03-31 08665034 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08665034 bus:RegisteredOffice 2023-04-01 2024-03-31 08665034 bus:Director1 2023-04-01 2024-03-31 08665034 bus:Director2 2023-04-01 2024-03-31 08665034 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08665034 countries:AllCountries 2023-04-01 2024-03-31 08665034 2022-04-01 2023-03-31 08665034 2023-03-31 08665034 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 08665034

Village Farm Developments Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Village Farm Developments Limited

Contents

Company Information

1

Balance Sheet and Notes to the Unaudited Financial Statements

2 to 3

 

Village Farm Developments Limited

Company Information

Directors

S J Dunn

P L Dunn

Registered office

Village Farm
Wootton Road
Elsham
Brigg
North Lincolnshire
DN20 0NU

 

Village Farm Developments Limited

(Registration number: 08665034)
Balance Sheet as at 31 March 2024

2024
£

2023
£

Fixed assets

117,142

110,667

Current assets

6,378

9,516

Creditors: Amounts falling due within one year

(152,004)

(115,262)

Net current liabilities

(145,626)

(105,746)

Total assets less current liabilities

(28,484)

4,921

Accruals and deferred income

(915)

(2,665)

 

(29,399)

2,256

Capital and reserves

(29,399)

2,256


 

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year 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 year 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.

Approved and authorised by the Board on 24 July 2024 and signed on its behalf by:
 

.........................................
S J Dunn
Director

.........................................
P L Dunn
Director

 

Village Farm Developments Limited

(Registration number: 08665034)
Balance Sheet as at 31 March 2024

1

General information

The company is a private company limited by share capital incorporated in England & Wales and the company registration number is 08665034.

The address of its registered office is:
Village Farm
Wootton Road
Elsham
Brigg
North Lincolnshire
DN20 0NU

These Financial Statements cover the individual entity, Village Farm Developments Limited.

These financial statements were authorised for issue by the Board on 24 July 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

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

Going concern

The financial statements have been prepared on a going concern basis, the validity of which depends upon the continued support and funding from the director, Mr P L Dunn. The balance sheet at 31st March, 2024 is insolvent by £29,399, but included in the companies liabilities is £150,000 owed to P. L. Dunn Limited, a company which Mr P L Dunn is a director. This amount has no formal repayment terms, but these funds are unlikely to be withdrawn at short notice. The financial statements therefore do not include any adjustment that would result from a failure to obtain continued support and funding from the director.

2

Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 2 (2023 - 2).