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Company Registration No. 08801098 (England and Wales)
MANNINGHAM POULTRY LTD Unaudited accounts for the year ended 31 December 2024
MANNINGHAM POULTRY LTD Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
7,090
8,863
Current assets
Inventories
15,945
16,890
Debtors
87,250
64,283
Cash at bank and in hand
57,418
49,105
160,613
130,278
Creditors: amounts falling due within one year
(53,436)
(41,878)
Net current assets
107,177
88,400
Total assets less current liabilities
114,267
97,263
Creditors: amounts falling due after more than one year
(1,366)
(11,404)
Net assets
112,901
85,859
Capital and reserves
Called up share capital
5
100
100
Profit and loss account
112,801
85,759
Shareholders' funds
112,901
85,859
For the year ending 31 December 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 6 February 2025 and were signed on its behalf by
Mohammad Imran Director Company Registration No. 08801098
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MANNINGHAM POULTRY LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
MANNINGHAM POULTRY LTD is a private company, limited by shares, registered in England and Wales, registration number 08801098. The registered office is UNIT 6 THORNCLIFFE SQUARE, THORNCLIFFE ROAD, BRADFORD, WEST YORKSHIRE, BD8 7DD, UK.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.
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
20% on reducing balance
Motor vehicles
20% on reducing balance
Inventories
Inventories have been valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Going concern
The director has carried out a detailed review of the company's resources and projected income streams. He is confident that the company has sufficient cash flows to meet its liabilities as they fall due for at least one year from the date of approval of the financial statements. Therefore, the company continues to adopt the going concern basis in preparing the financial statements.
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MANNINGHAM POULTRY LTD Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 January 2024
35,439
At 31 December 2024
35,439
Depreciation
At 1 January 2024
26,576
Charge for the year
1,773
At 31 December 2024
28,349
Net book value
At 31 December 2024
7,090
At 31 December 2023
8,863
2024
2023
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
5,085
6,356
5
Share capital
2024
2023
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
6
Average number of employees
During the year the average number of employees was 4 (2023: 5).
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