Company No:
Contents
Note | 31.12.2023 | |
£ | ||
Fixed assets | ||
Tangible assets | 3 |
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11,842 | ||
Current assets | ||
Stocks |
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Debtors | 4 |
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Cash at bank and in hand |
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34,855 | ||
Creditors: amounts falling due within one year | 5 | (
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Net current liabilities | (50,027) | |
Total assets less current liabilities | (38,185) | |
Net liabilities | (
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Capital and reserves | ||
Called-up share capital | 6 |
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Profit and loss account | (
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Total shareholder's deficit | (
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Director's responsibilities:
The financial statements of Kendall Farming Ltd (registered number:
Mr K Kendall
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.
Kendall Farming Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is West Nancemeer Farm, St Newlyn East, Newquay, TR8 5JB, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £38,185. The Company is supported through loans from the director. The director has confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the director will continue to support the Company. Given the current position, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Plant and machinery etc. |
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Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.
Period from 03.02.2023 to 31.12.2023 |
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Number | |
Monthly average number of persons employed by the Company during the period, including the director |
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Plant and machinery etc. | Total | ||
£ | £ | ||
Cost | |||
At 03 February 2023 |
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Additions |
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Disposals | (
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At 31 December 2023 |
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Accumulated depreciation | |||
At 03 February 2023 |
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Charge for the financial period |
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At 31 December 2023 |
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Net book value | |||
At 31 December 2023 |
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31.12.2023 | |
£ | |
VAT recoverable |
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31.12.2023 | |
£ | |
Trade creditors |
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Other creditors |
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31.12.2023 | |
£ | |
Allotted, called-up and fully-paid | |
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Commitments
Capital commitments are as follows:
31.12.2023 | |
£ | |
Contracted for but not provided for: | |
Finance leases entered into | 91,532 |
Other | 527,800 |
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