Company Registration No. 03233660 (England and Wales)
DSK FARMING LIMITED
(FORMERLY DSK PROPERTY MANAGEMENT LIMITED)
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
DSK FARMING LIMITED
(FORMERLY DSK PROPERTY MANAGEMENT LIMITED)
COMPANY INFORMATION
Directors
DJ Bishop
Mrs SA Bishop
Mrs KJ Venus-Bishop
(Appointed 17 September 2024)
PJ Venus-Bishop
(Appointed 17 September 2024)
Secretary
Mrs SA Bishop
Company number
03233660
Registered office
Hill House
Main Road
Rettendon Common
Chelmsford
Essex
CM3 8EA
Accountants
Rickard Luckin Limited
1st Floor
County House
100 New London Road
Chelmsford
Essex
CM2 0RG
DSK FARMING LIMITED
(FORMERLY DSK PROPERTY MANAGEMENT LIMITED)
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
DSK FARMING LIMITED
(FORMERLY DSK PROPERTY MANAGEMENT LIMITED)
BALANCE SHEET
AS AT 30 SEPTEMBER 2024
30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
-
-
Creditors: amounts falling due within one year
3
(1,565)
(1,565)
Net current liabilities
(1,565)
(1,565)
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
(1,567)
(1,567)
Total equity
(1,565)
(1,565)
For the financial year ended 30 September 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 of its financial statements for the year in question in accordance with section 476.
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.
These financial statements have been prepared 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
The financial statements were approved by the board of directors and authorised for issue on 8 February 2025 and are signed on its behalf by:
DJ Bishop
Mrs SA Bishop
Director
Director
Company registration number 03233660 (England and Wales)
DSK FARMING LIMITED
(FORMERLY DSK PROPERTY MANAGEMENT LIMITED)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 2 -
1
Accounting policies
Company information
DSK Farming Limited is a private company limited by shares incorporated in England and Wales. The registered office is Hill House, Main Road, Rettendon Common, Chelmsford, Essex, CM3 8EA.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Profit and loss account
The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.
1.3
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
1.4
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
DSK FARMING LIMITED
(FORMERLY DSK PROPERTY MANAGEMENT LIMITED)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 3 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
3
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
1,565
1,565