6 false false false false false false false false false false true false false false false false false No description of principal activity 2023-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 09446701 2023-04-01 2024-03-31 09446701 2024-03-31 09446701 2023-03-31 09446701 2022-04-01 2023-03-31 09446701 2023-03-31 09446701 2022-03-31 09446701 bus:Director2 2023-04-01 2024-03-31 09446701 bus:Director3 2023-04-01 2024-03-31 09446701 core:WithinOneYear 2024-03-31 09446701 core:WithinOneYear 2023-03-31 09446701 core:AfterOneYear 2024-03-31 09446701 bus:Director2 2023-03-31 09446701 bus:Director2 2024-03-31 09446701 bus:Director3 2023-03-31 09446701 bus:Director3 2024-03-31 09446701 bus:Director2 2022-03-31 09446701 bus:Director2 2023-03-31 09446701 bus:Director3 2023-03-31 09446701 bus:Director2 2022-04-01 2023-03-31 09446701 bus:Director3 2022-04-01 2023-03-31 09446701 bus:Micro-entities 2023-04-01 2024-03-31 09446701 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 09446701 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09446701 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09446701 bus:FullAccounts 2023-04-01 2024-03-31
COMPANY REGISTRATION NUMBER: 09446701
DGF & MAM THOMPSON FARMS LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 March 2024
DGF & MAM THOMPSON FARMS LIMITED
STATEMENT OF FINANCIAL POSITION
31 March 2024
2024
2023
£
£
£
£
Fixed assets
7,478,952
7,225,417
------------
------------
Current assets
2,936,949
3,090,667
Prepayments and accrued income
4,038
------------
------------
2,936,949
3,094,705
Creditors: amounts falling due within one year
97,537
45,526
------------
------------
NET CURRENT ASSETS
2,839,412
3,049,179
-------------
-------------
TOTAL ASSETS LESS CURRENT LIABILITIES
10,318,364
10,274,596
Creditors: amounts falling due after more than one year
31,477
Accruals and deferred income
41,600
4,500
-------------
-------------
10,245,287
10,270,096
-------------
-------------
Capital and reserves
10,245,287
10,270,096
-------------
-------------
NOTES TO THE FINANCIAL STATEMENTS
1. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 6 (2023: 6 ).
2. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mrs M A M Thompson
39,678
45,659
( 39,679)
45,658
Mr G A Thompson
7,554
18,244
( 7,554)
18,244
--------
--------
--------
--------
47,232
63,903
( 47,233)
63,902
--------
--------
--------
--------
2023
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mrs M A M Thompson
851,434
337,067
( 1,148,822)
39,679
Mr G A Thompson
7,554
7,554
---------
---------
------------
--------
851,434
344,621
( 1,148,822)
47,233
---------
---------
------------
--------
The amounts advanced are repayable on demand. Interest is charged at the HMRC beneficial loan rate .
3. TRANSITION TO FRS 105
These are the first financial statements that comply with FRS105. The company transitioned to FRS105 on 1 April 2022. Adjustments have been made for the derecognition of deferred tax liabilities that have increased the company's net assets at 1 April 2022 by £nil and 31 March 2023 by £11,663.
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 25 November 2024 , and are signed on behalf of the board by:
Mr G A Thompson
Director
Company registration number: 09446701
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3rd Floor, Regent House, Bath Avenue, WV1 4EG, England.