LCGH Poultry UK Ltd 14375458 false 2022-09-26 2024-02-29 2024-02-29 The principal activity of the company is to ease the import in the wholesale of poultry and poultry products. Digita Accounts Production Advanced 6.30.9574.0 true false true 14375458 2022-09-26 2024-02-29 14375458 2024-02-29 14375458 core:CurrentFinancialInstruments 2024-02-29 14375458 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 14375458 bus:SmallEntities 2022-09-26 2024-02-29 14375458 bus:AuditExemptWithAccountantsReport 2022-09-26 2024-02-29 14375458 bus:FilletedAccounts 2022-09-26 2024-02-29 14375458 bus:SmallCompaniesRegimeForAccounts 2022-09-26 2024-02-29 14375458 bus:RegisteredOffice 2022-09-26 2024-02-29 14375458 bus:Director1 2022-09-26 2024-02-29 14375458 bus:Director2 2022-09-26 2024-02-29 14375458 bus:PrivateLimitedCompanyLtd 2022-09-26 2024-02-29 14375458 1 2022-09-26 2024-02-29 14375458 countries:EnglandWales 2022-09-26 2024-02-29 14375458 countries:France 2022-09-26 2024-02-29 iso4217:EUR xbrli:pure

Filleted
Registration number: 14375458

LCGH Poultry UK Ltd

Unaudited Filleted Financial Statements

for the Period from 26 September 2022 to 29 February 2024

 

LCGH Poultry UK Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

LCGH Poultry UK Ltd

Company Information

Directors

Mr P J M Gelin

Mr A Y A R Boinard

Registered office

Capeston Farm
Walwyns Castle
Haverfordwest
SA62 3DY

Accountants

LHP Carmarthen
Chartered Certified Accountants
Llys Deri
Parc Pensarn
Carmarthen
SA31 2NF

 

LCGH Poultry UK Ltd

(Registration number: 14375458)
Balance Sheet as at 29 February 2024

Note

2024

Current assets

 

Debtors

4

780

Cash at bank and in hand

 

640,614

 

641,394

Creditors: Amounts falling due within one year

5

(539,005)

Net assets

 

102,389

Capital and reserves

 

Called up share capital

6

100,000

Retained earnings

2,389

Shareholders' funds

 

102,389

For the financial period ending 29 February 2024 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 period 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 26 September 2024 and signed on its behalf by:
 

.........................................
Mr P J M Gelin
Director

   
     
 

LCGH Poultry UK Ltd

Notes to the Unaudited Financial Statements for the Period from 26 September 2022 to 29 February 2024

1

General information

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

The company was formerly known as LDC Volailles (UK) Limited.

The address of its registered office is:
Capeston Farm
Walwyns Castle
Haverfordwest
SA62 3DY

These financial statements were authorised for issue by the Board on 26 September 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 have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The functional currency of the entity is the Euro as this is the currency in which he company's transactional exchanges are primarily performed in.

The company's functional and presentational currency is Euro.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the 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.

 

LCGH Poultry UK Ltd

Notes to the Unaudited Financial Statements for the Period from 26 September 2022 to 29 February 2024

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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.

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.

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 initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, 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 initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

 

LCGH Poultry UK Ltd

Notes to the Unaudited Financial Statements for the Period from 26 September 2022 to 29 February 2024

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

4

Debtors

Current

2024

Other debtors

780

 

780

5

Creditors

Creditors: amounts falling due within one year

Note

2024

Due within one year

 

Trade creditors

 

430,434

Other creditors

 

108,010

Corporation tax liability

 

561

 

539,005

6

Share capital

Allotted, called up and fully paid shares

2024

No.

A Ordinary shares of €1 each

100,000

100,000

   
 

LCGH Poultry UK Ltd

Notes to the Unaudited Financial Statements for the Period from 26 September 2022 to 29 February 2024

7

Parent and ultimate parent undertaking

The company's immediate parent is LDC Volaille S.A.S., incorporated in France.

 The ultimate parent is LDC SA, incorporated in France.

 

The parent of the largest group in which these financial statements are consolidated is LDC SA, incorporated in France.

The address of LDC SA is:
Zone Industrielle, Saint Laurent, Sable-Sur-Sarthe, France

The parent of the smallest group in which these financial statements are consolidated is LDC Volaille S.A.S., incorporated in France.

The address of LDC Volaille S.A.S. is:
Bp88, Zone Industrielle, Saint Laurent, Sable-Sur-Sarthe, France.