GLENHEAD BEEF FARM LTD

Company Registration Number:
NI653741 (Northern Ireland)

Unaudited abridged accounts for the year ended 29 June 2024

Period of accounts

Start date: 30 June 2023

End date: 29 June 2024

GLENHEAD BEEF FARM LTD

Contents of the Financial Statements

for the Period Ended 29 June 2024

Balance sheet
Notes

GLENHEAD BEEF FARM LTD

Balance sheet

As at 29 June 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 505,759 510,589
Tangible assets: 4 435,531 515,908
Total fixed assets: 941,290 1,026,497
Current assets
Stocks: 446,575 311,500
Debtors:   79,214 116,217
Cash at bank and in hand: 0 1
Total current assets: 525,789 427,718
Creditors: amounts falling due within one year:   (296,330) (372,957)
Net current assets (liabilities): 229,459 54,761
Total assets less current liabilities: 1,170,749 1,081,258
Creditors: amounts falling due after more than one year:   (960,515) (951,836)
Total net assets (liabilities): 210,234 129,422
Capital and reserves
Called up share capital: 3 3
Profit and loss account: 210,231 129,419
Shareholders funds: 210,234 129,422

The notes form part of these financial statements

GLENHEAD BEEF FARM LTD

Balance sheet statements

For the year ending 29 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 28 March 2025
and signed on behalf of the board by:

Name: William Gamble
Status: Director

The notes form part of these financial statements

GLENHEAD BEEF FARM LTD

Notes to the Financial Statements

for the Period Ended 29 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

GLENHEAD BEEF FARM LTD

Notes to the Financial Statements

for the Period Ended 29 June 2024

2. Employees

2024 2023
Average number of employees during the period 3 3

GLENHEAD BEEF FARM LTD

Notes to the Financial Statements

for the Period Ended 29 June 2024

3. Intangible Assets

Total
Cost £
At 30 June 2023 529,909
At 29 June 2024 529,909
Amortisation
At 30 June 2023 19,320
Charge for year 4,830
At 29 June 2024 24,150
Net book value
At 29 June 2024 505,759
At 29 June 2023 510,589

GLENHEAD BEEF FARM LTD

Notes to the Financial Statements

for the Period Ended 29 June 2024

4. Tangible Assets

Total
Cost £
At 30 June 2023 668,365
Additions 4,500
Disposals (72,000)
At 29 June 2024 600,865
Depreciation
At 30 June 2023 152,457
Charge for year 49,040
On disposals (36,163)
At 29 June 2024 165,334
Net book value
At 29 June 2024 435,531
At 29 June 2023 515,908