Aylsham Growers Services Limited 02721798 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is marketing of crops on behalf of day members of Aylsham Growers Limited Digita Accounts Production Advanced 6.30.9574.0 true 02721798 2023-01-01 2023-12-31 02721798 2023-12-31 02721798 bus:OrdinaryShareClass1 2023-12-31 02721798 core:RetainedEarningsAccumulatedLosses 2023-12-31 02721798 core:ShareCapital 2023-12-31 02721798 core:FinancialAssetsCostLessImpairment core:Non-currentFinancialInstruments 2023-12-31 02721798 core:CurrentFinancialInstruments 2023-12-31 02721798 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 02721798 bus:SmallEntities 2023-01-01 2023-12-31 02721798 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 02721798 bus:FullAccounts 2023-01-01 2023-12-31 02721798 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 02721798 bus:RegisteredOffice 2023-01-01 2023-12-31 02721798 bus:CompanySecretary1 2023-01-01 2023-12-31 02721798 bus:Director10 2023-01-01 2023-12-31 02721798 bus:Director11 2023-01-01 2023-12-31 02721798 bus:Director3 2023-01-01 2023-12-31 02721798 bus:Director4 2023-01-01 2023-12-31 02721798 bus:Director9 2023-01-01 2023-12-31 02721798 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 02721798 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 02721798 countries:EnglandWales 2023-01-01 2023-12-31 02721798 2022-03-01 2022-12-31 02721798 2022-12-31 02721798 bus:OrdinaryShareClass1 2022-12-31 02721798 core:RetainedEarningsAccumulatedLosses 2022-12-31 02721798 core:ShareCapital 2022-12-31 02721798 core:CurrentFinancialInstruments 2022-12-31 02721798 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 02721798

Aylsham Growers Services Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

Aylsham Growers Services Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Aylsham Growers Services Limited

Company Information

Directors

J W Van Poortvliet

R P Corfield

T J Dye

William Alexander Gribbon

P W Mutimer

Company secretary

British Growers Association Limited

Registered office

BGA House
Nottingham Road
Louth
Lincolnshire
LN11 0WB

Solicitors

Mills & Reeve
Francis House
3-7 Redwell Street
Norwich
Norfolk
NR2 4TJ

 

Aylsham Growers Services Limited

(Registration number: 02721798)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Other financial assets

4

1

1

Current assets

 

Debtors

5

455,981

382,947

Cash at bank and in hand

 

29,311

27,803

 

485,292

410,750

Creditors: Amounts falling due within one year

6

(479,225)

(404,666)

Net current assets

 

6,067

6,084

Net assets

 

6,068

6,085

Capital and reserves

 

Called up share capital

7

1,000

1,000

Retained earnings

5,068

5,085

Shareholders' funds

 

6,068

6,085

For the financial year ending 31 December 2023 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.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 May 2024 and signed on its behalf by:
 

.........................................
J W Van Poortvliet
Director

 

Aylsham Growers Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The Company is a private company limited by share capital, incorporated in England and Wales, registration number 02721798.

These financial statements cover the individual entity, Aylsham Growers Services Limited.

The address of its registered office is:
BGA House
Nottingham Road
Louth
Lincolnshire
LN11 0WB

These financial statements were authorised for issue by the Board on 21 May 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 including Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Aylsham Growers Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the Company during the year, was 0 (2022 - 0).

 

Aylsham Growers Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

4

Other financial assets (current and non-current)

Financial assets at cost less impairment
£

Total
£

Non-current financial assets

Cost or valuation

At 1 January 2023

1

1

At 31 December 2023

1

1

Impairment

Carrying amount

At 31 December 2023

1

1

5

Debtors

Current

Note

2023
£

2022
£

Trade debtors

 

219

219

Amounts owed by related parties

455,762

382,728

   

455,981

382,947

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

478,106

382,727

Taxation and social security

186

354

Accruals and deferred income

933

898

Other creditors

-

20,687

479,225

404,666

7

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

1,000

1,000

1,000

1,000