Company registration number 09941641 (England and Wales)
PD SNELL T/A DAIRY FARM SERVICES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
PAGES FOR FILING WITH REGISTRAR
PD SNELL T/A DAIRY FARM SERVICES LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 5
PD SNELL T/A DAIRY FARM SERVICES LTD
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PD SNELL T/A DAIRY FARM SERVICES LTD FOR THE YEAR ENDED 31 JANUARY 2024
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PD Snell T/A Dairy Farm Services Ltd for the year ended 31 January 2024 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
This report is made solely to the board of directors of PD Snell T/A Dairy Farm Services Ltd, as a body, in accordance with the terms of our engagement letter dated 29 August 2017. Our work has been undertaken solely to prepare for your approval the financial statements of PD Snell T/A Dairy Farm Services Ltd and state those matters that we have agreed to state to the board of directors of PD Snell T/A Dairy Farm Services Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PD Snell T/A Dairy Farm Services Ltd and its board of directors as a body, for our work or for this report.
It is your duty to ensure that PD Snell T/A Dairy Farm Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of PD Snell T/A Dairy Farm Services Ltd. You consider that PD Snell T/A Dairy Farm Services Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of PD Snell T/A Dairy Farm Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Azets
23 October 2024
Lime Court
Pathfields Business Park
South Molton
Devon
United Kingdom
EX36 3LH
PD SNELL T/A DAIRY FARM SERVICES LTD
BALANCE SHEET
AS AT
31 JANUARY 2024
31 January 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
276,406
247,317
Current assets
Stocks
29,750
29,750
Debtors
4
57,306
68,129
Cash at bank and in hand
255,624
173,474
342,680
271,353
Creditors: amounts falling due within one year
5
(148,663)
(144,300)
Net current assets
194,017
127,053
Total assets less current liabilities
470,423
374,370
Creditors: amounts falling due after more than one year
6
(73,628)
Provisions for liabilities
(52,517)
(46,990)
Net assets
344,278
327,380
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
344,178
327,280
Total equity
344,278
327,380
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 January 2024 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 member has 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
PD SNELL T/A DAIRY FARM SERVICES LTD
BALANCE SHEET (CONTINUED)
AS AT
31 JANUARY 2024
31 January 2024
- 3 -
The financial statements were approved and signed by the director and authorised for issue on 23 October 2024
Mr P D Snell
Director
Company Registration No. 09941641
PD SNELL T/A DAIRY FARM SERVICES LTD
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024
31 January 2024
- 4 -
1
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
4
4
3
Tangible fixed assets
Plant and machinery
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 February 2023
219,225
7,242
130,143
356,610
Additions
58,049
19,000
42,653
119,702
Disposals
(37,150)
(38,820)
(75,970)
At 31 January 2024
240,124
26,242
133,976
400,342
Depreciation and impairment
At 1 February 2023
51,431
1,412
56,450
109,293
Depreciation charged in the year
25,259
3,249
20,424
48,932
Eliminated in respect of disposals
(11,846)
(22,443)
(34,289)
At 31 January 2024
64,844
4,661
54,431
123,936
Carrying amount
At 31 January 2024
175,280
21,581
79,545
276,406
At 31 January 2023
167,794
5,830
73,693
247,317
PD SNELL T/A DAIRY FARM SERVICES LTD
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024
31 January 2024
- 5 -
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
22,969
67,478
Other debtors
34,337
651
57,306
68,129
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
119,696
89,330
Corporation tax
2,024
Other taxation and social security
26,063
7,567
Other creditors
880
47,403
148,663
144,300
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
25,000
Other creditors
48,628
73,628