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REGISTERED NUMBER: 04753123 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

ANDERSON GRAIN MARKETING LIMITED

ANDERSON GRAIN MARKETING LIMITED (REGISTERED NUMBER: 04753123)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


ANDERSON GRAIN MARKETING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: K P Anderson





REGISTERED OFFICE: Northfield Farm
Flat Lane
Barmby Moor
York
East Yorkshire
YO42 4DG





REGISTERED NUMBER: 04753123 (England and Wales)





ACCOUNTANTS: Bradbury & Co
Chartered Tax Advisers and Accountants
Driffield

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ANDERSON GRAIN MARKETING LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Anderson Grain Marketing Limited for the year ended 30 June 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Anderson Grain Marketing Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Anderson Grain Marketing Limited and state those matters that we have agreed to state to the director of Anderson Grain Marketing Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Anderson Grain Marketing Limited 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 Anderson Grain Marketing Limited. You consider that Anderson Grain Marketing Limited 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 Anderson Grain Marketing Limited. 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.






Bradbury & Co
Chartered Tax Advisers and Accountants
Driffield


Date: .............................................

ANDERSON GRAIN MARKETING LIMITED (REGISTERED NUMBER: 04753123)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 738,006 695,247
Investment property 6 932,500 932,500
1,670,506 1,627,747

CURRENT ASSETS
Stocks 32,310 22,150
Debtors 7 3,186,538 4,301,920
Cash at bank and in hand 1,849 19,978
3,220,697 4,344,048
CREDITORS
Amounts falling due within one year 8 (3,351,081 ) (4,505,300 )
NET CURRENT LIABILITIES (130,384 ) (161,252 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,540,122

1,466,495

CREDITORS
Amounts falling due after more than one
year

9

-

(219,654

)

PROVISIONS FOR LIABILITIES (19,600 ) (9,200 )
NET ASSETS 1,520,522 1,237,641

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,520,422 1,237,541
SHAREHOLDERS' FUNDS 1,520,522 1,237,641

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

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.

ANDERSON GRAIN MARKETING LIMITED (REGISTERED NUMBER: 04753123)

BALANCE SHEET - continued
30 JUNE 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 November 2024 and were signed by:





K P Anderson - Director


ANDERSON GRAIN MARKETING LIMITED (REGISTERED NUMBER: 04753123)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Anderson Grain Marketing Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Freehold land is not depreciated. The residential property is not depreciated as it is the company's practice to maintain it in a continual state of sound repair and accordingly the director considers that the economic life and residual value, based on prices prevailing at the date of acquisition, are such that both depreciation and accumulated depreciation are insignificant. The carrying value of tangible fixed assets are reviewed for impairments in periods if events or changes in circumstance indicate carrying values may not be recoverable. Other tangible fixed assets are written off in equal annual instalments over their expected useful lives as follows:

Buildings20 years
Plant and machinery5 years
Fixtures and fittings5 years
Computer equipment3 years

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

The property is not depreciated as in the director's opinion the residual value of the property is expected to be equal or in excess of the original value and therefore there is no depreciable amount.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

ANDERSON GRAIN MARKETING LIMITED (REGISTERED NUMBER: 04753123)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 15,000
AMORTISATION
At 1 July 2023
and 30 June 2024 15,000
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Land and Plant and and
buildings machinery fittings
£    £    £   
COST
At 1 July 2023 698,280 21,398 4,747
Additions 4,424 51,549 517
At 30 June 2024 702,704 72,947 5,264
DEPRECIATION
At 1 July 2023 29,622 19,753 3,980
Charge for year 2,973 10,896 482
At 30 June 2024 32,595 30,649 4,462
NET BOOK VALUE
At 30 June 2024 670,109 42,298 802
At 30 June 2023 668,658 1,645 767

ANDERSON GRAIN MARKETING LIMITED (REGISTERED NUMBER: 04753123)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2023 46,095 18,463 788,983
Additions 3,500 6,343 66,333
At 30 June 2024 49,595 24,806 855,316
DEPRECIATION
At 1 July 2023 22,819 17,562 93,736
Charge for year 6,519 2,704 23,574
At 30 June 2024 29,338 20,266 117,310
NET BOOK VALUE
At 30 June 2024 20,257 4,540 738,006
At 30 June 2023 23,276 901 695,247

Included in cost of land and buildings is freehold land and building of £625,000 (2015 - £625,000) which is not depreciated.

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 932,500
NET BOOK VALUE
At 30 June 2024 932,500
At 30 June 2023 932,500

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2008 20,770
Valuation in 2011 (7,500 )
Valuation in 2017 31,970
Valuation in 2022 52,553
Cost 834,707
932,500

ANDERSON GRAIN MARKETING LIMITED (REGISTERED NUMBER: 04753123)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


6. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 834,707 834,707

Investment property was valued on an open market basis on 30 June 2024 by the director .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,154,295 4,259,241
VAT 23,188 34,081
Prepayments and accrued income 9,055 8,598
3,186,538 4,301,920

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 515,102 674,604
Trade creditors 2,720,402 3,730,470
Tax 112,503 97,937
Other creditors 685 -
Directors' current accounts 739 639
Accruals and deferred income 1,650 1,650
3,351,081 4,505,300

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years - 78,262
Bank loans - 2-5 years - 128,237
Bank loans more than 5 years - 13,155
- 219,654

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years - 13,155

ANDERSON GRAIN MARKETING LIMITED (REGISTERED NUMBER: 04753123)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 404,701 601,209
Bank loans 110,401 293,049
515,102 894,258