Company Registration No. 08545302 (England and Wales)
MIKES POULTRY LIMITED
Unaudited accounts
for the year ended 31 August 2024
MIKES POULTRY LIMITED
Unaudited accounts
Contents
MIKES POULTRY LIMITED
Company Information
for the year ended 31 August 2024
Directors
Mr Michael Ram Bagley
Mrs Harbans Kaur Bagley
Company Number
08545302 (England and Wales)
Registered Office
Unit 12 Princess End Industrial Park
Nicholls Road
Tipton
West Midlands
DY4 9LG
England
Accountants
EJAZ & CO LTD
Fairgate House
205 Kings Road
Birmingham
West Midlands
B11 2AA
MIKES POULTRY LIMITED
Statement of financial position
as at 31 August 2024
Intangible assets
20,000
20,000
Tangible assets
53,210
66,773
Cash at bank and in hand
392,636
297,732
Creditors: amounts falling due within one year
(87,545)
(70,050)
Net current assets
333,147
244,083
Total assets less current liabilities
406,357
330,856
Creditors: amounts falling due after more than one year
-
(55,674)
Net assets
406,357
275,182
Called up share capital
2
2
Profit and loss account
406,355
275,180
Shareholders' funds
406,357
275,182
For the year ending 31 August 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 31 March 2025 and were signed on its behalf by
Mr Michael Ram Bagley
Director
Company Registration No. 08545302
MIKES POULTRY LIMITED
Notes to the Accounts
for the year ended 31 August 2024
MIKES POULTRY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08545302. The registered office is Unit 12 Princess End Industrial Park, Nicholls Road, Tipton, West Midlands, DY4 9LG, England.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost.
4
Intangible fixed assets
Goodwill
At 1 September 2023
20,000
MIKES POULTRY LIMITED
Notes to the Accounts
for the year ended 31 August 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
30,000
93,635
31,349
154,984
At 31 August 2024
30,000
93,635
31,349
154,984
At 1 September 2023
-
72,258
15,953
88,211
Charge for the year
-
9,363
4,200
13,563
At 31 August 2024
-
81,621
20,153
101,774
At 31 August 2024
30,000
12,014
11,196
53,210
At 31 August 2023
30,000
21,377
15,396
66,773
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
24,265
22,795
Taxes and social security
61,362
44,455
8
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
-
55,674
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan
-
17,000
-
17,000
Director Loan on Balance Sheet date of £17000 was fully repaid by the Director on 30 March 2025 (within 9 months from the year end date).
MIKES POULTRY LIMITED
Notes to the Accounts
for the year ended 31 August 2024
10
Average number of employees
During the year the average number of employees was 14 (2023: 12).