NEW GENERATION AGRICULTURE LTD

Company Registration Number:
NI620802 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

NEW GENERATION AGRICULTURE LTD

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Notes

NEW GENERATION AGRICULTURE LTD

Balance sheet

As at 31 October 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 11,953 16,735
Total fixed assets: 11,953 16,735
Current assets
Stocks: 277,549 279,231
Debtors:   129,616 96,711
Cash at bank and in hand: 174,745 143,657
Total current assets: 581,910 519,599
Creditors: amounts falling due within one year:   (116,311) (102,114)
Net current assets (liabilities): 465,599 417,485
Total assets less current liabilities: 477,552 434,220
Creditors: amounts falling due after more than one year:   (16,667) (26,667)
Total net assets (liabilities): 460,885 407,553
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 460,785 407,453
Shareholders funds: 460,885 407,553

The notes form part of these financial statements

NEW GENERATION AGRICULTURE LTD

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 October 2025
and signed on behalf of the board by:

Name: Martin Gormley
Status: Director

The notes form part of these financial statements

NEW GENERATION AGRICULTURE LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NEW GENERATION AGRICULTURE LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

2. Employees

2024 2023
Average number of employees during the period 2 3

NEW GENERATION AGRICULTURE LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible Assets

Total
Cost £
At 01 November 2023 61,756
At 31 October 2024 61,756
Depreciation
At 01 November 2023 45,021
Charge for year 4,782
At 31 October 2024 49,803
Net book value
At 31 October 2024 11,953
At 31 October 2023 16,735