Company registration number SC033883 (Scotland)
JOHN STUART (FARMS) LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
PAGES FOR FILING WITH REGISTRAR
JOHN STUART (FARMS) LTD
BALANCE SHEET
AS AT
30 SEPTEMBER 2023
30 September 2023
- 1 -
2023
2022
£
£
£
£
Current assets
427,414
471,871
Creditors: amounts falling due within one year
(91,147)
(117,994)
Net current assets
336,267
353,877
Net assets
336,267
353,877
Capital and reserves
336,267
353,877
John Stuart (Farms) Ltd is a private company limited by shares incorporated in Scotland. The registered office is 22 Kellands Road, Inverurie, AB51 3YL.
For the year ended 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 24 September 2024
J STUART
J Stuart
Director
Company Registration Number SC033883
JOHN STUART (FARMS) LTD
NOTES TO THE FINANCIAL STATEMENTS
AS AT
30 SEPTEMBER 2023
30 September 2023
- 2 -
1
Principal activity
The principal activity is that of an investment company.
2
Accounting policies
2.1
Going concern
Afalset the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
2.2
Employees
The average monthly number of persons (including directors) employed by the company during the year was 1 (2022 - 1).
3
Related party transactions
During the year, the company made no advances to the director. No credits were received which resulted in amounts due to the company from the estate of a former director of £301,050 (2022 - £301,050 due to the company). The loan is unsecured and interest free with no fixed repayment terms in place.