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REGISTERED NUMBER: 13534450 (England and Wales)













Financial Statements

for the Year Ended 30 April 2024

for

Dale Farm Holdings Ltd

Dale Farm Holdings Ltd (Registered number: 13534450)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dale Farm Holdings Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: J J Cook





REGISTERED OFFICE: Kestrel Business Park
Gonerby Lane
Grantham
Lincolnshire
NG32 2DU





REGISTERED NUMBER: 13534450 (England and Wales)





ACCOUNTANTS: Nicholsons
Chartered Accountants
Newland House
The Point
Weaver Road
LINCOLN
Lincolnshire
LN6 3QN

Dale Farm Holdings Ltd (Registered number: 13534450)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 723,039 740,258
Investments 5 200 200
723,239 740,458

CURRENT ASSETS
Stocks 27,100 27,100
Debtors 6 106,366 6,323
Cash at bank 2,869,264 2,040,105
3,002,730 2,073,528
CREDITORS
Amounts falling due within one year 7 33,541 330,965
NET CURRENT ASSETS 2,969,189 1,742,563
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,692,428

2,483,021

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 3,692,228 2,482,821
3,692,428 2,483,021

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

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

The director acknowledges his 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.

Dale Farm Holdings Ltd (Registered number: 13534450)

Balance Sheet - continued
30 April 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 director and authorised for issue on 24 January 2025 and were signed by:





J J Cook - Director


Dale Farm Holdings Ltd (Registered number: 13534450)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Dale Farm Holdings Ltd is a private company, limited by shares , registered in England and Wales. 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.

Preparation of consolidated financial statements
The financial statements contain information about Dale Farm Holdings Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 15% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

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

Financial instruments
Only basic financial instruments as defined in FRS 102 are held. Financial assets and financial liabilities are recognised in the accounts only when the entity becomes party to the contractual provisions of the instrument and their measurement basis is as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments.

Cash at bank is classified as a basic financial instrument and is measured at transaction price.

Financial liabilities - trade creditors, accruals and other creditors are basic financial instruments, and are measured at amortised cost. Where a financial liability constitutes a financing transaction it is initially and subsequently measured at the present value of future payments, discounted at a market rate of interest.


Dale Farm Holdings Ltd (Registered number: 13534450)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023 649,330 99,900 749,230
Additions - 35,000 35,000
Disposals - (24,800 ) (24,800 )
At 30 April 2024 649,330 110,100 759,430
DEPRECIATION
At 1 May 2023 7,740 1,232 8,972
Charge for year 11,349 16,376 27,725
Eliminated on disposal - (306 ) (306 )
At 30 April 2024 19,089 17,302 36,391
NET BOOK VALUE
At 30 April 2024 630,241 92,798 723,039
At 30 April 2023 641,590 98,668 740,258

Dale Farm Holdings Ltd (Registered number: 13534450)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakin
£   
COST
At 1 May 2023
and 30 April 2024 200
NET BOOK VALUE
At 30 April 2024 200
At 30 April 2023 200

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 100,000 -
Other debtors 6,366 6,323
106,366 6,323

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings - 329,055
Taxation and social security 32,491 11
Other creditors 1,050 1,899
33,541 330,965

8. RELATED PARTY DISCLOSURES

JJ Cook Farm Machinery Ltd

The above company is a 100% subsidiary of Dale Farm Holdings Ltd.

JJ Cook is a Director of both companies.

Included in creditors in an amount of £0 (2023 - £329,055) This is an unsecured interest free loan.

Rents were received during the year totalling £100,000 (2023: £0). This was at market value.