ESSEX FARM FOODS LTD

Company Registration Number:
09523207 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

ESSEX FARM FOODS LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

ESSEX FARM FOODS LTD

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 190,689 170,730
Investments:   0 0
Total fixed assets: 190,689 170,730
Current assets
Stocks: 60,270 129,965
Debtors:   691,680 267,335
Cash at bank and in hand: 680,036 947,665
Investments:   0 0
Total current assets: 1,431,986 1,344,965
Creditors: amounts falling due within one year:   (143,132) (260,782)
Net current assets (liabilities): 1,288,854 1,084,183
Total assets less current liabilities: 1,479,543 1,254,913
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 1,479,543 1,254,913
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 1,479,443 1,254,813
Shareholders funds: 1,479,543 1,254,913

The notes form part of these financial statements

ESSEX FARM FOODS LTD

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 February 2025
and signed on behalf of the board by:

Name: Padraig McCarthy
Status: Director

The notes form part of these financial statements

ESSEX FARM FOODS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. The entity assesses at each reporting date whether tangible fixed assets, including those leased under a finance lease. are impaired. Depreciation is charged to the income statement on a straight line basis over the estimated useful lives of each part of an item of tangible fixed assets. Leased assets are depreciated over the shorter of the lease term and their useful lives. The estimated useful lives are as follows: Plant and machinery 10 years, Motor vehicles 5 years, Office equipment 5 years, Computer equipment 3 years.

Other accounting policies

Taxation Tax on the profit or loss 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 directly in equity or other comprehensive income, in which case it is recognised directly in equity or other comprehensive income. Current tax is the expected tax payable or receivable on the taxable income or loss for the year, using tax rates enacted or substantively enacted at the balance sheet date, and any adjustment to tax payable in respect of previous years. Deferred tax arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. These timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is recognised in respect of all timing differences. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that the directors consider that it probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. Stocks Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

ESSEX FARM FOODS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 10 10

ESSEX FARM FOODS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 508,564
Additions 86,605
Disposals 0
Revaluations 0
Transfers 0
At 30 June 2024 595,169
Depreciation
At 01 July 2023 337,834
Charge for year 66,646
On disposals 0
Other adjustments 0
At 30 June 2024 404,480
Net book value
At 30 June 2024 190,689
At 30 June 2023 170,730