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REGISTERED NUMBER: NI628311 (Northern Ireland)













CASH HILL FARM LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






CASH HILL FARM LIMITED (REGISTERED NUMBER: NI628311)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


CASH HILL FARM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: D Fyffe
R Fyffe



REGISTERED OFFICE: 91 Drumbulcan Road
BALLINAMALLARD
Co. Fermanagh
BT94 2DX



REGISTERED NUMBER: NI628311 (Northern Ireland)



ACCOUNTANTS: McAleer Jackson Ltd
Chartered Accountants & Chartered Tax Advisers
Church House
24 Dublin Road
OMAGH
Co. Tyrone
BT78 1HE



BANKERS: HSBC
52/56 Meadow Lane
Portadown
Craigavon
Co. Armagh
BT62 3NJ

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CASH HILL FARM LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.


In accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.

This report is made to the company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's Board of Directors, as a body, for our work or for this report.

We have carried out this engagement in accordance with guidance issued by the Institute of Chartered Accountants in Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.

You have acknowledged on the Balance Sheet as at 30 June 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. 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 financial statements.






McAleer Jackson Ltd
Chartered Accountants & Chartered Tax Advisers
Church House
24 Dublin Road
OMAGH
Co. Tyrone
BT78 1HE


14 January 2025

CASH HILL FARM LIMITED (REGISTERED NUMBER: NI628311)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 375,697 381,774

CURRENT ASSETS
Stocks 13,154 12,264
Debtors 5 89,802 12,437
Cash at bank 24,320 108,408
127,276 133,109
CREDITORS
Amounts falling due within one year 6 105,806 122,998
NET CURRENT ASSETS 21,470 10,111
TOTAL ASSETS LESS CURRENT
LIABILITIES

397,167

391,885

CREDITORS
Amounts falling due after more than one year 7 (195,586 ) (191,243 )

PROVISIONS FOR LIABILITIES (25,200 ) (21,733 )
NET ASSETS 176,381 178,909

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 176,181 178,709
SHAREHOLDERS' FUNDS 176,381 178,909

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

CASH HILL FARM LIMITED (REGISTERED NUMBER: NI628311)

BALANCE SHEET - continued
30 JUNE 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 January 2025 and were signed on its behalf by:




D Fyffe - Director



R Fyffe - Director


CASH HILL FARM LIMITED (REGISTERED NUMBER: NI628311)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Cash Hill Farm Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Henhouses - 5% straight line
Henhouse Equipment - 10% straight line
Plant & machinery - 25% reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

CASH HILL FARM LIMITED (REGISTERED NUMBER: NI628311)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transactional price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Henhouses machinery Totals
£    £    £   
COST
At 1 July 2023 709,503 337,537 1,047,040
Additions 42,119 31,807 73,926
Disposals - (8,000 ) (8,000 )
At 30 June 2024 751,622 361,344 1,112,966
DEPRECIATION
At 1 July 2023 416,958 248,308 665,266
Charge for year 54,060 25,142 79,202
Eliminated on disposal - (7,199 ) (7,199 )
At 30 June 2024 471,018 266,251 737,269
NET BOOK VALUE
At 30 June 2024 280,604 95,093 375,697
At 30 June 2023 292,545 89,229 381,774

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 89,802 12,437

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 43,647 42,963
Hire purchase contracts - 15,360
Trade creditors 32,835 14,764
Taxation and social security 21,439 46,176
Other creditors 7,885 3,735
105,806 122,998

CASH HILL FARM LIMITED (REGISTERED NUMBER: NI628311)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 91,203 123,695
Other creditors 104,383 67,548
195,586 191,243

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Directors loan 104,383 67,548

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 134,850 166,658

Funding received by the company is secured by:-
- Fixed charge over all present freehold and leasehold property
- Fixed charge over book & other debts
- Floating charge over all assets

9. RELATED PARTY DISCLOSURES

At the year end the company had a loan amounting to £104,383 from members of key management personnel (£67,548 at 01.07.23).

There is no repayment date for this loan and interest is not currently being charged.

The loan is presented within creditors: amounts falling due after more than one year.