Registered number
NI629098
Drumgar Poultry Limited
Filleted Accounts
29 February 2024
Drumgar Poultry Limited
Registered number: NI629098
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 642,593 634,633
Current assets
Debtors 4 14,403 -
Cash at bank and in hand 24,042 9,155
38,445 9,155
Creditors: amounts falling due within one year 5 (48,413) (579)
Net current (liabilities)/assets (9,968) 8,576
Total assets less current liabilities 632,625 643,209
Creditors: amounts falling due after more than one year 6 (265,781) (353,873)
Net assets 366,844 289,336
Capital and reserves
Called up share capital 100 100
Profit and loss account 366,744 289,236
Shareholders' funds 366,844 289,336
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Paul Gardiner
Director
Approved by the board on 20 November 2024
Drumgar Poultry Limited
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 March 2023 515,223 307,674 822,897
Additions 32,151 15,811 47,962
At 29 February 2024 547,374 323,485 870,859
Depreciation
At 1 March 2023 47,705 140,559 188,264
Charge for the year 8,691 31,311 40,002
At 29 February 2024 56,396 171,870 228,266
Net book value
At 29 February 2024 490,978 151,615 642,593
At 28 February 2023 467,518 167,115 634,633
4 Debtors 2024 2023
£ £
Other debtors 14,403 -
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 33,120 (23,680)
Other creditors 15,293 24,259
48,413 579
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 265,781 353,873
7 Other information
Drumgar Poultry Limited is a private company limited by shares and incorporated in England. Its registered office is:
114 Killylea Road
Armagh
Co. Armagh
BT60 4LL
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