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REGISTERED NUMBER: 13909898 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Cullingworth Poultry Limited

Cullingworth Poultry Limited (Registered number: 13909898)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cullingworth Poultry Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: R D Feather
A Langstaff





REGISTERED OFFICE: Pinnacle House
1 Pinnacle Way
Derby
Derbyshire
DE24 8ZS





REGISTERED NUMBER: 13909898 (England and Wales)





ACCOUNTANTS: Franklins
1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS

Cullingworth Poultry Limited (Registered number: 13909898)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,791 18,388

CURRENT ASSETS
Stocks 169,272 257,539
Debtors 5 3,794,640 3,658,410
Cash at bank and in hand 886,300 1,779,388
4,850,212 5,695,337
CREDITORS
Amounts falling due within one year 6 4,032,297 3,933,272
NET CURRENT ASSETS 817,915 1,762,065
TOTAL ASSETS LESS CURRENT
LIABILITIES

831,706

1,780,453

PROVISIONS FOR LIABILITIES 1,515 -
NET ASSETS 830,191 1,780,453

CAPITAL AND RESERVES
Called up share capital 7 29,488 29,488
Retained earnings 8 800,703 1,750,965
SHAREHOLDERS' FUNDS 830,191 1,780,453

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

Cullingworth Poultry Limited (Registered number: 13909898)

Balance Sheet - continued
29 February 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 September 2024 and were signed on its behalf by:





R D Feather - Director


Cullingworth Poultry Limited (Registered number: 13909898)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Cullingworth Poultry 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

Cullingworth Poultry Limited (Registered number: 13909898)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 March 2023
and 29 February 2024 11,410 13,107 24,517
DEPRECIATION
At 1 March 2023 2,852 3,277 6,129
Charge for year 2,139 2,458 4,597
At 29 February 2024 4,991 5,735 10,726
NET BOOK VALUE
At 29 February 2024 6,419 7,372 13,791
At 28 February 2023 8,558 9,830 18,388

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,655,973 2,784,710
Amounts owed by group undertakings - 666,571
Other debtors 138,667 207,129
3,794,640 3,658,410

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,959,582 2,756,384
Amounts owed to group undertakings 910,389 746,268
Taxation and social security 142,110 415,695
Other creditors 20,216 14,925
4,032,297 3,933,272

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
29,488 Ordinary 1 29,488 29,488

Cullingworth Poultry Limited (Registered number: 13909898)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. RESERVES
Retained
earnings
£   

At 1 March 2023 1,750,965
Profit for the year 1,049,738
Dividends (2,000,000 )
At 29 February 2024 800,703

9. RELATED PARTY DISCLOSURES

Cullingworth Poultry Limited is a wholly owned subsidiary of Cullingworth Commercials & Freight Services Limited. The balance owed to Cullingworth Commercials & Freight Services Limited at the year end amounted to £30,524 (2023:£666,571).

Cullingworth Commercials Limited is a wholly owned subsidiary of Cullingworth Commercials & Freight Services Limited. During the year purchases amounted to £1,109,940 (2023:£1,077,826) which were on an arms length basis under commercial terms. The balance due to Cullingworth Commercials Limited at the year end was £879,865 (2023:£746,268).

10. ULTIMATE CONTROLLING PARTY

The controlling party is Cullingworth Commercials & Freight Services Limited.

The company is controlled by its immediate and ultimate parent company Cullingworth Commercials & Freight Services Limited, which is controlled by its majority shareholder, Mr R Feather. Cullingworth Commercials & Freight Services Limited is a company registered in England and Wales and shares its registered office address with Cullingworth Commercials Limited.