2023-03-012024-02-292024-02-29false13273230FLINT OWL FARMS LTD2024-07-1201130iso4217:GBPxbrli:pure132732302023-03-01132732302024-02-29132732302023-03-012024-02-29132732302022-03-01132732302023-02-28132732302022-03-012023-02-2813273230bus:SmallEntities2023-03-012024-02-2913273230bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2913273230bus:FullAccounts2023-03-012024-02-2913273230bus:PrivateLimitedCompanyLtd2023-03-012024-02-2913273230core:WithinOneYear2024-02-2913273230core:AfterOneYear2024-02-2913273230core:WithinOneYear2023-02-2813273230core:AfterOneYear2023-02-2813273230core:ShareCapital2024-02-2913273230core:SharePremium2024-02-2913273230core:RevaluationReserve2024-02-2913273230core:OtherReservesSubtotal2024-02-2913273230core:RetainedEarningsAccumulatedLosses2024-02-2913273230core:ShareCapital2023-02-2813273230core:SharePremium2023-02-2813273230core:RevaluationReserve2023-02-2813273230core:OtherReservesSubtotal2023-02-2813273230core:RetainedEarningsAccumulatedLosses2023-02-2813273230core:LandBuildings2024-02-2913273230core:PlantMachinery2024-02-2913273230core:Vehicles2024-02-2913273230core:FurnitureFittings2024-02-2913273230core:OfficeEquipment2024-02-2913273230core:NetGoodwill2024-02-2913273230core:IntangibleAssetsOtherThanGoodwill2024-02-2913273230core:ListedExchangeTraded2024-02-2913273230core:UnlistedNon-exchangeTraded2024-02-2913273230core:LandBuildings2023-02-2813273230core:PlantMachinery2023-02-2813273230core:Vehicles2023-02-2813273230core:FurnitureFittings2023-02-2813273230core:OfficeEquipment2023-02-2813273230core:NetGoodwill2023-02-2813273230core:IntangibleAssetsOtherThanGoodwill2023-02-2813273230core:ListedExchangeTraded2023-02-2813273230core:UnlistedNon-exchangeTraded2023-02-2813273230core:LandBuildings2023-03-012024-02-2913273230core:PlantMachinery2023-03-012024-02-2913273230core:Vehicles2023-03-012024-02-2913273230core:FurnitureFittings2023-03-012024-02-2913273230core:OfficeEquipment2023-03-012024-02-2913273230core:NetGoodwill2023-03-012024-02-2913273230core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2913273230core:ListedExchangeTraded2023-03-012024-02-2913273230core:UnlistedNon-exchangeTraded2023-03-012024-02-2913273230core:MoreThanFiveYears2023-03-012024-02-2913273230core:Non-currentFinancialInstruments2024-02-2913273230core:Non-currentFinancialInstruments2023-02-2813273230dpl:CostSales2023-03-012024-02-2913273230dpl:DistributionCosts2023-03-012024-02-2913273230core:LandBuildings2023-03-012024-02-2913273230core:PlantMachinery2023-03-012024-02-2913273230core:Vehicles2023-03-012024-02-2913273230core:FurnitureFittings2023-03-012024-02-2913273230core:OfficeEquipment2023-03-012024-02-2913273230dpl:AdministrativeExpenses2023-03-012024-02-2913273230core:NetGoodwill2023-03-012024-02-2913273230core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2913273230dpl:GroupUndertakings2023-03-012024-02-2913273230dpl:ParticipatingInterests2023-03-012024-02-2913273230dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2913273230core:ListedExchangeTraded2023-03-012024-02-2913273230dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2913273230core:UnlistedNon-exchangeTraded2023-03-012024-02-2913273230dpl:CostSales2022-03-012023-02-2813273230dpl:DistributionCosts2022-03-012023-02-2813273230core:LandBuildings2022-03-012023-02-2813273230core:PlantMachinery2022-03-012023-02-2813273230core:Vehicles2022-03-012023-02-2813273230core:FurnitureFittings2022-03-012023-02-2813273230core:OfficeEquipment2022-03-012023-02-2813273230dpl:AdministrativeExpenses2022-03-012023-02-2813273230core:NetGoodwill2022-03-012023-02-2813273230core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2813273230dpl:GroupUndertakings2022-03-012023-02-2813273230dpl:ParticipatingInterests2022-03-012023-02-2813273230dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2813273230core:ListedExchangeTraded2022-03-012023-02-2813273230dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2813273230core:UnlistedNon-exchangeTraded2022-03-012023-02-2813273230core:NetGoodwill2024-02-2913273230core:IntangibleAssetsOtherThanGoodwill2024-02-2913273230core:LandBuildings2024-02-2913273230core:PlantMachinery2024-02-2913273230core:Vehicles2024-02-2913273230core:FurnitureFittings2024-02-2913273230core:OfficeEquipment2024-02-2913273230core:AfterOneYear2024-02-2913273230core:WithinOneYear2024-02-2913273230core:ListedExchangeTraded2024-02-2913273230core:UnlistedNon-exchangeTraded2024-02-2913273230core:ShareCapital2024-02-2913273230core:SharePremium2024-02-2913273230core:RevaluationReserve2024-02-2913273230core:OtherReservesSubtotal2024-02-2913273230core:RetainedEarningsAccumulatedLosses2024-02-2913273230core:NetGoodwill2023-02-2813273230core:IntangibleAssetsOtherThanGoodwill2023-02-2813273230core:LandBuildings2023-02-2813273230core:PlantMachinery2023-02-2813273230core:Vehicles2023-02-2813273230core:FurnitureFittings2023-02-2813273230core:OfficeEquipment2023-02-2813273230core:AfterOneYear2023-02-2813273230core:WithinOneYear2023-02-2813273230core:ListedExc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FLINT OWL FARMS LTD

Registered Number
13273230
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

FLINT OWL FARMS LTD
Company Information
for the year from 1 March 2023 to 29 February 2024

Director

BLAND, David Matthew

Registered Address

Unit 1 The Old Dairy
Glynde
BN8 6SJ

Registered Number

13273230 (England and Wales)
FLINT OWL FARMS LTD
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets38,56110,678
8,56110,678
Current assets
Debtors3,7603,000
Cash at bank and on hand735185
4,4953,185
Creditors amounts falling due within one year4(122,328)(56,030)
Net current assets (liabilities)(117,833)(52,845)
Total assets less current liabilities(109,272)(42,167)
Net assets(109,272)(42,167)
Capital and reserves
Called up share capital100100
Profit and loss account(109,372)(42,267)
Shareholders' funds(109,272)(42,167)
The financial statements were approved and authorised for issue by the Director on 12 July 2024, and are signed on its behalf by:
BLAND, David Matthew
Director
Registered Company No. 13273230
FLINT OWL FARMS LTD
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Going concern
These financial statements have been prepared on the basis that the company will continue to be a going concern. At the year end the current liabilities exceeded current assets by £117,833. The validity of this basis depends upon the continued support of the company's director. The director confirms that they will give the required support.
Turnover policy
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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery25
Fixtures and fittings25
2.Average number of employees

20242023
Average number of employees during the year12
3.Tangible fixed assets

Plant & machinery

Fixtures & fittings

Total

£££
Cost or valuation
At 01 March 2311,3964,18915,585
Additions617-617
At 29 February 2412,0134,18916,202
Depreciation and impairment
At 01 March 233,1401,7674,907
Charge for year2,1286062,734
At 29 February 245,2682,3737,641
Net book value
At 29 February 246,7451,8168,561
At 28 February 238,2562,42210,678
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables2,8374,807
Taxation and social security4,0376,015
Other creditors115,45445,208
Total122,32856,030
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Related party transactions
The company has taken advantage of the exemption under FRS 102 1AC.35 whereby particulars need not be given for related party transactions concluded under normal market conditions, or transactions entered into between two or more members of a group, provided that any subsidiary which is party to the transactions is wholly-owned by such a member.