Company Registration No. NI054786 (Northern Ireland)
Hillview Farm Limited
Unaudited accounts
for the year ended 31 July 2024
Hillview Farm Limited
Unaudited accounts
Contents
Hillview Farm Limited
Company Information
for the year ended 31 July 2024
Directors
Maurice Foster
Diane Foster
Company Number
NI054786 (Northern Ireland)
Registered Office
1 Church Street
Fintona
Tyrone
BT78 2BR
Northern Ireland
Accountants
A D Pottie & Co Ltd
1 Church Street
Fintona
Tyrone
BT78 2BR
Hillview Farm Limited
Statement of financial position
as at 31 July 2024
Tangible assets
1,099,076
1,095,333
Inventories
208,916
100,346
Cash at bank and in hand
61,327
113,939
Creditors: amounts falling due within one year
(424,113)
(457,539)
Net current assets/(liabilities)
46,281
(126,680)
Total assets less current liabilities
1,145,357
968,653
Creditors: amounts falling due after more than one year
(434,383)
(534,295)
Net assets
710,974
434,358
Called up share capital
1
1
Profit and loss account
710,973
434,357
Shareholders' funds
710,974
434,358
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 4 April 2025 and were signed on its behalf by
Maurice Foster
Director
Company Registration No. NI054786
Hillview Farm Limited
Notes to the Accounts
for the year ended 31 July 2024
Hillview Farm Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI054786. The registered office is 1 Church Street, Fintona, Tyrone, BT78 2BR, Northern Ireland.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
1,013,700
725,139
7,450
1,746,289
Additions
-
32,202
-
32,202
At 31 July 2024
1,013,700
757,341
7,450
1,778,491
At 1 August 2023
-
643,820
7,136
650,956
Charge for the year
-
28,380
79
28,459
At 31 July 2024
-
672,200
7,215
679,415
At 31 July 2024
1,013,700
85,141
235
1,099,076
At 31 July 2023
1,013,700
81,319
314
1,095,333
Hillview Farm Limited
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Trade debtors
188,484
108,061
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
107,299
153,818
Obligations under finance leases and hire purchase contracts
3,000
3,000
Trade creditors
183,012
196,024
Taxes and social security
86,450
41,545
Loans from directors
44,352
63,152
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
429,483
526,395
Obligations under finance leases and hire purchase contracts
4,900
7,900
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).