REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 December 2023 |
for |
Agronomy Buying Services Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 December 2023 |
for |
Agronomy Buying Services Limited |
Agronomy Buying Services Limited (Registered number: 04044939) |
Contents of the Financial Statements |
for the Year Ended 31 December 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Statement of Changes in Equity | 3 |
Notes to the Financial Statements | 4 |
Agronomy Buying Services Limited |
Company Information |
for the Year Ended 31 December 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
The Old Stables |
Sutton Manor Farm |
Bishop's Sutton |
Alresford |
Hampshire |
SO24 0AA |
Agronomy Buying Services Limited (Registered number: 04044939) |
Balance Sheet |
31 December 2023 |
2023 | 2022 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
In accordance with Section 444 of the Companies Act 2006, the Profit And Loss Account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Agronomy Buying Services Limited (Registered number: 04044939) |
Statement of Changes in Equity |
for the Year Ended 31 December 2023 |
Called up |
share | Retained | Total |
capital | earnings | equity |
£ | £ | £ |
Balance at 1 January 2022 |
Changes in equity |
Deficit for the year | - | (4,225 | ) | (4,225 | ) |
Total comprehensive income | - | ( |
) | ( |
) |
Balance at 31 December 2022 |
Changes in equity |
Profit for the year | - | 9,595 | 9,595 |
Total comprehensive income | - |
Balance at 31 December 2023 |
Agronomy Buying Services Limited (Registered number: 04044939) |
Notes to the Financial Statements |
for the Year Ended 31 December 2023 |
1. | STATUTORY INFORMATION |
Agronomy Buying Services Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents net invoiced rebates received and commissions, excluding value added tax. |
Debtors includes amounts recoverable on service contracts. Where the outcome of a transaction can be estimated reliably, revenue is recognised by reference to the stage of completion of the transaction at the balance sheet date (in accordance with FRS 102 paragraph 23.14). |
Taxation |
Taxation for the year comprises current tax. Tax is recognised in the Profit And Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current 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. |
3. | EMPLOYEES |
The average number of employees during the year was NIL (2022 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Amounts recoverable on service contracts | 31,185 | 11,754 |
Other debtors |
Corporation tax |
VAT |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade creditors |
Corporation tax |
Accrued expenses |
Agronomy Buying Services Limited (Registered number: 04044939) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2023 |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
7. | RELATED PARTY DISCLOSURES |
Scribeland Limited |
Mr C J Wheelwright is a director |
During the period under review the following transactions occurred: |
Commissions were earned amounting to £189 (2022 - £427); and |
Purchase rebates were paid amounting to £446 (2022 - £646). |
Moundsmere Estate Management Limited |
Mr C J Wheelwright and Mr C G Hancock are directors |
During the period under review the following transactions occurred: |
Management fees were paid amounting to £5,000 (2022 - £8,741); |
Administration fees were paid amounting to £2,889 (2022 - £8,446); and |
Sundry expenses were paid amounting to £732 (2022 - £547). |
2023 | 2022 |
£ | £ |
Amount due to/(from) related party at balance sheet date |
Cropfosters Limited | (8 | ) | (8 | ) |
Scribeland Limited | - | 15 |
Moundsmere Estate Management Limited | 6,550 | 15,948 |