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REGISTERED NUMBER: 03366925 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Bodenham Grain Storage Limited

Bodenham Grain Storage Limited (Registered number: 03366925)

Contents of the Financial Statements
for the Year Ended 30 June 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Bodenham Grain Storage Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: M N Lewis
A W Panniers
D E Legge
C P G Meredith





REGISTERED OFFICE: Rural Enterprise Centre
Vincent Carey Road
Rotherwas
Hereford
Herefordshire
HR2 6FE





REGISTERED NUMBER: 03366925 (England and Wales)





ACCOUNTANTS: A D Accounts Limited
Rural Enterprise Centre
Vincent Carey Road
Rotherwas
Hereford
Herefordshire
HR2 6FE

Bodenham Grain Storage Limited (Registered number: 03366925)

Abridged Balance Sheet
30 June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 694,046 736,636
694,046 736,636

CURRENT ASSETS
Stocks 61,292 -
Debtors 53,282 58,509
Cash at bank and in hand 38,487 18,815
153,061 77,324
CREDITORS
Amounts falling due within one year (123,620 ) (59,910 )
NET CURRENT ASSETS 29,441 17,414
TOTAL ASSETS LESS CURRENT
LIABILITIES

723,487

754,050

PROVISIONS FOR LIABILITIES (50,291 ) (58,194 )
NET ASSETS 673,196 695,856

CAPITAL AND RESERVES
Called up share capital 7 462,910 462,910
Share premium 720 720
Retained earnings 209,566 232,226
SHAREHOLDERS' FUNDS 673,196 695,856

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Bodenham Grain Storage Limited (Registered number: 03366925)

Abridged Balance Sheet - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 June 2025 and were signed on its behalf by:





M N Lewis - Director


Bodenham Grain Storage Limited (Registered number: 03366925)

Notes to the Financial Statements
for the Year Ended 30 June 2024


1. STATUTORY INFORMATION

Bodenham Grain Storage 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1997, is being amortised evenly over its estimated useful life of twenty five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 15% on cost
Fixtures and fittings - 20% on cost and Straight line over 5 to 10 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


Bodenham Grain Storage Limited (Registered number: 03366925)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


3. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a straight line basis.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

5. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2023
and 30 June 2024 159,220
AMORTISATION
At 1 July 2023
and 30 June 2024 159,220
NET BOOK VALUE

At 30 June 2024 -
At 30 June 2023 -

Bodenham Grain Storage Limited (Registered number: 03366925)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


6. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2023 1,330,010
Additions 1,550
At 30 June 2024 1,331,560
DEPRECIATION
At 1 July 2023 593,374
Charge for year 44,140
At 30 June 2024 637,514
NET BOOK VALUE
At 30 June 2024 694,046
At 30 June 2023 736,636

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
6,614 Ordinary £70 462,910 462,910