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REGISTERED NUMBER: 07562170 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

AGRIDATA LIMITED

AGRIDATA LIMITED (REGISTERED NUMBER: 07562170)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AGRIDATA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: J A Poole





SECRETARY:





REGISTERED OFFICE: Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB





REGISTERED NUMBER: 07562170 (England and Wales)





ACCOUNTANTS: Tish Press & Company
Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB

AGRIDATA LIMITED (REGISTERED NUMBER: 07562170)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 453,065 465,228

CURRENT ASSETS
Stocks 549,279 549,279
Cash at bank and in hand 100,535 164,595
649,814 713,874
CREDITORS
Amounts falling due within one year 5 48,204 58,231
NET CURRENT ASSETS 601,610 655,643
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,054,675

1,120,871

CREDITORS
Amounts falling due after more than one
year

6

856,807

946,638
NET ASSETS 197,868 174,233

CAPITAL AND RESERVES
Called up share capital 83 83
Capital redemption reserve 8 17 17
Retained earnings 8 197,768 174,133
SHAREHOLDERS' FUNDS 197,868 174,233

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

AGRIDATA LIMITED (REGISTERED NUMBER: 07562170)

BALANCE SHEET - continued
31 MARCH 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 28 March 2025 and were signed by:





J A Poole - Director


AGRIDATA LIMITED (REGISTERED NUMBER: 07562170)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Agridata Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 NIL (2023 - NIL).

AGRIDATA LIMITED (REGISTERED NUMBER: 07562170)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 April 2023
and 31 March 2024 608,143
DEPRECIATION
At 1 April 2023 142,915
Charge for year 12,163
At 31 March 2024 155,078
NET BOOK VALUE
At 31 March 2024 453,065
At 31 March 2023 465,228

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 8,109 18,136
Other creditors 38,655 38,655
Accrued expenses 1,440 1,440
48,204 58,231

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other loans more 5yrs non-inst 856,807 946,638

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 856,807 946,638

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   

National Westminster Bank PLC have a first legal charge over the freehold property.

National Westminster Bank PLC Have an unlimited guarantee provided by Total Data Management Limited and Agridata Limited. Total Data Management Limited is a related party by virtue of a shareholder and Director in common.

AGRIDATA LIMITED (REGISTERED NUMBER: 07562170)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 April 2023 174,133 17 174,150
Profit for the year 23,635 23,635
At 31 March 2024 197,768 17 197,785

9. RELATED PARTY DISCLOSURES

Total Data Management Limited

A company in which J A Poole is a director and shareholder.

Rental income of £71000