Company Registration No. 9424176 (England and Wales)
Ed Royle Agricultural Ltd
Unaudited accounts
for the year ended 31 March 2024
Ed Royle Agricultural Ltd
Unaudited accounts
Contents
Ed Royle Agricultural Ltd
Company Information
for the year ended 31 March 2024
Directors
Edward Royle
Dawn Royle
Company Number
9424176 (England and Wales)
Registered Office
The Workshop
Painesbrook Lane
Hadnall
Shropshire
SY4 4BA
Ed Royle Agricultural Ltd
Statement of financial position
as at 31 March 2024
Intangible assets
1,000
2,000
Tangible assets
7,818
9,029
Cash at bank and in hand
139,519
109,879
Creditors: amounts falling due within one year
(46,831)
(75,893)
Net current assets
128,162
97,062
Net assets
136,980
108,091
Called up share capital
1,000
1,000
Profit and loss account
135,980
107,091
Shareholders' funds
136,980
108,091
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2024 and were signed on its behalf by
Edward Royle
Director
Company Registration No. 9424176
Ed Royle Agricultural Ltd
Notes to the Accounts
for the year ended 31 March 2024
Ed Royle Agricultural Ltd is a private company, limited by shares, registered in England and Wales, registration number 9424176. The registered office is The Workshop, Painesbrook Lane, Hadnall, Shropshire, SY4 4BA.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
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Intangible fixed assets
Goodwill
Ed Royle Agricultural Ltd
Notes to the Accounts
for the year ended 31 March 2024
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
4,178
6,205
7,723
18,106
At 31 March 2024
4,178
6,205
7,723
18,106
At 1 April 2023
-
4,385
4,692
9,077
Charge for the year
-
453
758
1,211
At 31 March 2024
-
4,838
5,450
10,288
At 31 March 2024
4,178
1,367
2,273
7,818
At 31 March 2023
4,178
1,820
3,031
9,029
Amounts falling due within one year
Trade debtors
21,687
58,017
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
2,069
3,975
Taxes and social security
15,665
11,450
Loans from directors
28,857
60,215
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
The ultimate controlling party of Ed Royle Agricultural Ltd is Edward George Royle, shareholder and director
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Average number of employees
During the year the average number of employees was 2 (2023: 2).