REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 25 JULY 2022 TO 31 JULY 2023 |
FOR |
HOLFORD FOREST FARM LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 25 JULY 2022 TO 31 JULY 2023 |
FOR |
HOLFORD FOREST FARM LIMITED |
HOLFORD FOREST FARM LIMITED (REGISTERED NUMBER: 14253282) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Period 25 July 2022 to 31 July 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
HOLFORD FOREST FARM LIMITED |
COMPANY INFORMATION |
for the Period 25 July 2022 to 31 July 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
100 Barbirolli Square |
Manchester |
M2 3BD |
HOLFORD FOREST FARM LIMITED (REGISTERED NUMBER: 14253282) |
BALANCE SHEET |
31 July 2023 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The director acknowledges his 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 director and authorised for issue on |
HOLFORD FOREST FARM LIMITED (REGISTERED NUMBER: 14253282) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Period 25 July 2022 to 31 July 2023 |
1. | STATUTORY INFORMATION |
Holford Forest Farm Limited is a private company limited by shared capital, incorporated in England and Wales, registered number 14253282 the address of the registered office is Flat 2 45 Langham Road, Bowden, Altrincham, England, WA14 3NS and the principal place of business is End of Cookes Lane, Lostock Gralam, Northwich, Cheshire, CW9 7RR. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Going Concern |
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company for at least twelve months from the date these financial statements are approved and authorised for issue. |
Turnover |
Turnover represents amounts recognised by the company in respects of goods and services supplied, exclusive of value added tax and trade discounts. Turnover is generated from recovering and recycling industrial waste, which are recognised at the point of which the services are provided in accordance with the stage of completion. |
Tangible fixed assets |
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. |
Depreciation on tangible fixed assets are charged to the profit and loss so as to write off their value, over their estimated useful lives, using the following methods: |
Motor Vehicles | - | 25% reducing balance |
At each balance sheet date, the Company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs. |
If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately. |
Taxation |
Taxation for the period comprises current and deferred 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 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. |
HOLFORD FOREST FARM LIMITED (REGISTERED NUMBER: 14253282) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 25 July 2022 to 31 July 2023 |
2. | ACCOUNTING POLICIES - continued |
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 period 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. |
Pension costs and other post-retirement benefits |
The obligations for contributions to defined contribution scheme are recognised as an expense as incurred. The assets of the scheme are held separately from those of the Company in an independent administered fund. |
Differences between contributions payable in the period and contributions actually paid are shown as either accruals or prepayments in the balance sheet. |
Trade and other debtors |
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts. |
Trade and other creditors |
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
Additions |
At 31 July 2023 |
DEPRECIATION |
Charge for period |
At 31 July 2023 |
NET BOOK VALUE |
At 31 July 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
HOLFORD FOREST FARM LIMITED (REGISTERED NUMBER: 14253282) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 25 July 2022 to 31 July 2023 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CALLED UP SHARE CAPITAL |
Allotted and issued: |
Number: | Class: | Nominal |
value: | £ |
Share capital 1 | 1.00 | 100 |
8. | RELATED PARTY DISCLOSURES |
During the period sales invoices of £52,366 were raised to, and purchases of £320,548 were received from Cheshire Land Ltd (a company under common control). |
As at the balance sheet date there was £41,839 owed to Cheshire Land Ltd. |