2023-08-01 NI639750 2024-07-31 NI639750 2023-08-01 2024-07-31 NI639750 2023-07-31 NI639750 2022-08-01 2023-07-31 NI639750 uk-core:WithinOneYear 2023-07-31 NI639750 uk-core:WithinOneYear 2024-07-31 NI639750 uk-core:AfterOneYear 2023-07-31 NI639750 uk-core:AfterOneYear 2024-07-31 NI639750 uk-core:ShareCapital 2024-07-31 NI639750 uk-core:ShareCapital 2023-07-31 NI639750 uk-core:RetainedEarningsAccumulatedLosses 2024-07-31 NI639750 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 NI639750 uk-bus:Director1 2023-08-01 2024-07-31 NI639750 uk-core:Buildings 2023-08-01 2024-07-31 NI639750 uk-core:PlantMachinery 2023-08-01 2024-07-31 NI639750 uk-core:PlantMachinery 2023-07-31 NI639750 uk-core:Buildings 2023-07-31 NI639750 uk-core:Buildings 2024-07-31 NI639750 uk-core:PlantMachinery 2024-07-31 NI639750 uk-core:WithinOneYear 2024-07-31 NI639750 uk-core:WithinOneYear 2023-07-31 NI639750 uk-core:AfterOneYear uk-core:Secured 2024-07-31 NI639750 uk-core:AfterOneYear uk-core:Secured 2023-07-31 iso4217:GBP xbrli:pure NI639750 uk-bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 NI639750 uk-bus:FRS102 2023-08-01 2024-07-31 NI639750 uk-bus:FilletedAccounts 2023-08-01 2024-07-31 NI639750 uk-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31
Tullybleety Farms Limited
Registered Number:NI639750
For the year ended 31 July 2024
Northern Ireland
Unaudited Financial Statements
2
For the year ended 31 July 2024
Tullybleety Farms Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
NI639750
As at 31 July 2024
Tullybleety Farms Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
344,061
332,690
2
344,061
332,690
Current assets
Inventories
13,966
1,000
3
Trade and other receivables
53,548
56,160
4
1
Cash and cash equivalents
1,146
58,306
67,515
Trade and other payables: amounts falling due within one
year
(92,418)
(94,441)
5
(24,903)
(36,135)
Net current liabilities
Total assets less current liabilities
307,926
307,787
Trade and other payables: amounts falling due after more
than one year
(189,430)
(159,273)
6
148,653
Net assets
118,357
Capital and reserves
Called up share capital
1
1
Retained earnings
148,652
118,356
148,653
118,357
Shareholders' funds
For the year ended 31 July 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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 Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Mark Watters Director
These financial statements were approved and authorised for issue by the Board on 21 October 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 July 2024
Tullybleety Farms Limited
Notes to the Financial Statements
Statutory Information
Tullybleety Farms Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration
number NI639750.
Registered address:
8 Tullybleety Road
Aughnacloy
BT69 6HA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
1 Reducing balance
Plant and Machinery
10 Reducing balance
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2. Property, plant and equipment
Total
Plant and
Machinery
Land and
Buildings
£
£
£
Cost or
valuation
At 01 August 2023
433,043
223,043
210,000
30,000
30,000
-
Additions
At 31 July 2024
210,000
253,043
463,043
Provision for depreciation and impairment
At 01 August 2023
100,353
87,753
12,600
Charge for year
18,629
16,529
2,100
At 31 July 2024
118,982
104,282
14,700
At 31 July 2024
Net book value
195,300
148,761
344,061
At 31 July 2023
197,400
135,290
332,690
2 of 3
5
For the year ended 31 July 2024
Tullybleety Farms Limited
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
1,000
13,966
4. Trade and other receivables
2023
2024
£
£
Trade debtors
52,683
51,028
Other debtors
3,477
2,520
53,548
56,160
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
6,643
6,643
Trade creditors
18,197
22,680
Taxation and social security
2,626
-
Other creditors
66,975
63,095
94,441
92,418
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
31,836
35,277
Other creditors
127,437
154,153
159,273
189,430
7. Average number of persons employed
During the year the average number of employees was 0
3 of 3