Company Registration No. 12033241 (England and Wales)
Kirby Ag Ltd
Unaudited accounts
for the year ended 30 June 2024
Kirby Ag Ltd
Unaudited accounts
Contents
Kirby Ag Ltd
Company Information
for the year ended 30 June 2024
Company Number
12033241 (England and Wales)
Registered Office
Parkdene
Wilton Road
Melton Mowbray
Leicestershire
LE13 0UJ
Kirby Ag Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
43,407
23,332
Inventories
174,433
138,464
Cash at bank and in hand
11,581
24,460
Creditors: amounts falling due within one year
(114,555)
(149,596)
Net current assets
173,884
154,307
Total assets less current liabilities
217,291
177,639
Creditors: amounts falling due after more than one year
(4,753)
(10,018)
Provisions for liabilities
Net assets
204,291
167,621
Called up share capital
200
200
Profit and loss account
204,091
167,421
Shareholders' funds
204,291
167,621
For the year ending 30 June 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 January 2025 and were signed on its behalf by
David Ogleby
Director
Company Registration No. 12033241
Kirby Ag Ltd
Notes to the Accounts
for the year ended 30 June 2024
Kirby Ag Ltd is a private company, limited by shares, registered in England and Wales, registration number 12033241. The registered office is Parkdene, Wilton Road, Melton Mowbray, Leicestershire, LE13 0UJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 June 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2023
31,286
15,051
1,659
1,042
49,038
Additions
11,746
20,395
1,000
1,403
34,544
At 30 June 2024
43,032
35,446
2,659
2,445
83,582
At 1 July 2023
15,999
9,032
415
260
25,706
Charge for the year
6,758
6,604
561
546
14,469
At 30 June 2024
22,757
15,636
976
806
40,175
At 30 June 2024
20,275
19,810
1,683
1,639
43,407
At 30 June 2023
15,287
6,019
1,244
782
23,332
Kirby Ag Ltd
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
101,660
140,447
Accrued income and prepayments
765
532
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,597
5,732
Obligations under finance leases and hire purchase contracts
2,085
-
Trade creditors
38,017
83,438
Taxes and social security
52,994
40,612
Loans from directors
7
341
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).