Company registration number 00703703 (England and Wales)
R & S SHIRES (FARMERS) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
R & S SHIRES (FARMERS) LIMITED
COMPANY INFORMATION
Directors
Mr R Shires
Mrs S E Shires
Secretary
Mrs S E Shires
Company number
00703703
Registered office
Grange Farm
Preston Capes
Daventry
Northamptonshire
NN11 3TQ
Accountants
Ellacotts LLP
Vantage House
2700 Kettering Parkway
Kettering Venture Park
Kettering
Northamptonshire
NN15 6XR
R & S SHIRES (FARMERS) LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
R & S SHIRES (FARMERS) LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF R & S SHIRES (FARMERS) LIMITED FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of R & S Shires (Farmers) Limited for the year ended 30 September 2024, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of R & S Shires (Farmers) Limited, as a body, in accordance with the terms of our engagement letter dated 28 March 2023. Our work has been undertaken solely to prepare for your approval the financial statements of R & S Shires (Farmers) Limited and state those matters that we have agreed to state to the board of directors of R & S Shires (Farmers) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than R & S Shires (Farmers) Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that R & S Shires (Farmers) Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that R & S Shires (Farmers) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of R & S Shires (Farmers) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Ellacotts LLP
Chartered Accountants
Vantage House
2700 Kettering Parkway
Kettering Venture Park
Kettering
Northamptonshire
NN15 6XR
Date:
16 June 2025
R & S SHIRES (FARMERS) LIMITED
BALANCE SHEET
AS AT 30 SEPTEMBER 2024
30 September 2024
- 2 -
2024
2023
£
£
£
£
Fixed assets
1,242,427
1,188,209
Current assets
1,601,641
1,903,037
Prepayments and accrued income
74,522
170,324
Creditors: amounts falling due within one year
(18,668)
(84,845)
Net current assets
1,657,495
1,988,516
Total assets less current liabilities
2,899,922
3,176,725
Creditors: amounts falling due after more than one year
(68,774)
Accruals and deferred income
(74,019)
(101,261)
Net assets
2,825,903
3,006,690
Capital and reserves
2,825,903
3,006,690
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
3
3
2
Off balance sheet arrangements
The company has entered into off balance sheet arrangements comprising of an operating lease on a motor vehicle. The total future minimum lease payments the company is committed to paying is £10,935 (2023:£10,935) falling due within 1 year and £10,935 (2023: £21,871) falling due within 2 - 5 years.
R & S Shires (Farmers) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Grange Farm, Preston Capes, Daventry, Northamptonshire, NN11 3TQ.
For the year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
R & S SHIRES (FARMERS) LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024
30 September 2024
- 3 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 16 June 2025 and are signed on its behalf by:
Mr R Shires
Director
Company registration number 00703703 (England and Wales)