VILLAGE GREENS FARM SHOP LIMITED

Company Registration Number:
05988731 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

VILLAGE GREENS FARM SHOP LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

VILLAGE GREENS FARM SHOP LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 13,954 19,744
Total fixed assets: 13,954 19,744
Current assets
Stocks: 28,137 29,932
Debtors:   23,199 3,695
Cash at bank and in hand: 74,559 57,531
Total current assets: 125,895 91,158
Creditors: amounts falling due within one year: 4 (114,124) (109,823)
Net current assets (liabilities): 11,771 (18,665)
Total assets less current liabilities: 25,725 1,079
Total net assets (liabilities): 25,725 1,079
Capital and reserves
Called up share capital: 200 200
Share premium account: 99,900 99,900
Profit and loss account: (74,375) (99,021)
Shareholders funds: 25,725 1,079

The notes form part of these financial statements

VILLAGE GREENS FARM SHOP LIMITED

Balance sheet statements

For the year ending 31 December 2023 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 15 September 2024
and signed on behalf of the board by:

Name: James Dampier
Status: Director

The notes form part of these financial statements

VILLAGE GREENS FARM SHOP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

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

Turnover is stated net of VAT

Tangible fixed assets and depreciation policy

Fixed assets are depreciated from the month they come into use using the fixed line depreciation method over periods of between 3 and 10 years

Other accounting policies

Stock is valued at the lower of cost or net realisable value

VILLAGE GREENS FARM SHOP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 33 31

VILLAGE GREENS FARM SHOP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 128,481
Additions 1,396
Disposals (2,000)
At 31 December 2023 127,877
Depreciation
At 01 January 2023 108,737
Charge for year 7,186
On disposals (2,000)
At 31 December 2023 113,923
Net book value
At 31 December 2023 13,954
At 31 December 2022 19,744

VILLAGE GREENS FARM SHOP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

Trade Creditors £82,330 (£80,615) Accruals £7,938 (£7,138) Other creditors £21,987 (£22,070)

VILLAGE GREENS FARM SHOP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Financial commitments

Lease Commitments £21,000 Due within 12m £84,000 Due 12m to 5yrs £262,701 Due after 5 years