2023-04-01 NI612969 2024-03-31 NI612969 2023-04-01 2024-03-31 NI612969 2023-03-31 NI612969 2022-04-01 2023-03-31 NI612969 uk-core:WithinOneYear 2023-03-31 NI612969 uk-core:WithinOneYear 2024-03-31 NI612969 uk-core:AfterOneYear 2023-03-31 NI612969 uk-core:AfterOneYear 2024-03-31 NI612969 uk-core:ShareCapital 2024-03-31 NI612969 uk-core:ShareCapital 2023-03-31 NI612969 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 NI612969 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 NI612969 uk-bus:Director1 2023-04-01 2024-03-31 NI612969 uk-core:Land 2023-04-01 2024-03-31 NI612969 uk-core:PlantMachinery 2023-04-01 2024-03-31 NI612969 uk-core:ComputerEquipment 2023-04-01 2024-03-31 NI612969 uk-core:ComputerEquipment 2023-03-31 NI612969 uk-core:PlantMachinery 2023-03-31 NI612969 uk-core:Land 2023-03-31 NI612969 uk-core:Land 2024-03-31 NI612969 uk-core:PlantMachinery 2024-03-31 NI612969 uk-core:ComputerEquipment 2024-03-31 iso4217:GBP xbrli:pure NI612969 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 NI612969 uk-bus:FRS102 2023-04-01 2024-03-31 NI612969 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 NI612969 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
RAJM Farm Limited
Registered Number:NI612969
For the year ended 31 March 2024
Northern Ireland
Unaudited Financial Statements
2
For the year ended 31 March 2024
RAJM Farm Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
NI612969
As at 31 March 2024
RAJM Farm Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
136,863
147,613
2
136,863
147,613
Current assets
Trade and other receivables
627
12,739
3
40,395
Cash and cash equivalents
68,471
81,210
41,022
Trade and other payables: amounts falling due within one
year
(72,783)
(86,824)
4
(31,761)
(5,614)
Net current liabilities
Total assets less current liabilities
131,249
115,852
Trade and other payables: amounts falling due after more
than one year
(50,000)
(50,000)
5
(4,421)
(5,514)
Provisions for liabilities
76,828
Net assets
60,338
Capital and reserves
Called up share capital
320
320
Retained earnings
76,508
60,018
76,828
60,338
Shareholders' funds
For the year ended 31 March 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 31 March 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 Robert Hamilton Director
These financial statements were approved and authorised for issue by the Board on 10 September 2024 and were signed by:
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4
Registered Number :
NI612969
For the year ended 31 March 2024
RAJM Farm Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 March 2024
RAJM Farm Limited
Notes to the Financial Statements
Statutory Information
RAJM Farm Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration number
NI612969.
Registered address:
92 Markethill Road
Collone
County Armagh
BT60 1LE
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.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
4% Straight line
Plant and Machinery
20% Reducing balance
15% Reducing balance
Computer Equipment
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.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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6
For the year ended 31 March 2024
RAJM Farm Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Plant and
Machinery
Land and
Buildings
£
£
£
£
Cost or
valuation
At 01 April 2023
269,448
1,925
94,523
173,000
At 31 March 2024
173,000
94,523
1,925
269,448
Provision for depreciation and impairment
At 01 April 2023
121,835
9,570
57,857
54,408
Charge for year
10,750
163
5,587
5,000
At 31 March 2024
132,585
9,733
63,444
59,408
At 31 March 2024
Net book value
113,592
31,079
(7,808)
136,863
At 31 March 2023
118,592
36,666
(7,645)
147,613
3. Trade and other receivables
2023
2024
£
£
Trade debtors
12,383
-
Other debtors
356
627
627
12,739
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
8,132
-
Other creditors
78,692
72,783
86,824
72,783
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
50,000
50,000
6. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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