Company registration number SC082766 (Scotland)
ERRAY FARM LTD (FORMERLY GOLDEN DUCAT FARMING CO LTD)
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
PAGES FOR FILING WITH REGISTRAR
ERRAY FARM LTD (FORMERLY GOLDEN DUCAT FARMING CO LTD)
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF ERRAY FARM LTD (FORMERLY GOLDEN DUCAT FARMING CO LTD)
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Erray Farm Ltd (formerly Golden Ducat Farming Co Ltd) for the year ended 30 April 2024 set out on pages 2 to 3 from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the ICAS we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.
This report is made solely to the board of directors of Erray Farm Ltd (formerly Golden Ducat Farming Co Ltd), as a body, in accordance with the terms of our engagement letter dated 20 November 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Erray Farm Ltd (formerly Golden Ducat Farming Co Ltd) and state those matters that we have agreed to state to the board of directors of Erray Farm Ltd (formerly Golden Ducat Farming Co Ltd), as a body, in this report in accordance with the requirements of the ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Erray Farm Ltd (formerly Golden Ducat Farming Co Ltd) and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Erray Farm Ltd (formerly Golden Ducat Farming Co Ltd) has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Erray Farm Ltd (formerly Golden Ducat Farming Co Ltd) 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 Erray Farm Ltd (formerly Golden Ducat Farming Co Ltd). 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.
MMG Chartered Accountants
Chartered Accountants
15 High Street
CRIEFF
PH7 3HU
14 January 2025
ERRAY FARM LTD (FORMERLY GOLDEN DUCAT FARMING CO LTD)
BALANCE SHEET
AS AT
30 APRIL 2024
30 April 2024
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2024
2023
£
£
£
£
Fixed assets
35,022
35,022
Current assets
894
7,009
Prepayments and accrued income
20,703
Creditors: amounts falling due within one year
(1,252)
(5,272)
Net current (liabilities)/assets
(358)
22,440
Total assets less current liabilities
34,664
57,462
Net assets
34,664
57,462
Capital and reserves
34,664
57,462
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
3
Erray Farm Ltd (formerly Golden Ducat Farming Co Ltd) is a private company limited by shares incorporated in Scotland. The registered office is Erray Farm, TOBERMORY, Isle of Mull, PA75 6PS.
For the year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
ERRAY FARM LTD (FORMERLY GOLDEN DUCAT FARMING CO LTD)
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2024
30 April 2024
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The financial statements were approved by the board of directors and authorised for issue on 14 January 2025 and are signed on its behalf by:
Ian R Elwis
Director
Company registration number SC082766 (Scotland)