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Registration number: NI644269

GAC Farming Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

GAC Farming Ltd

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

4

 

GAC Farming Ltd

Company Information

Directors

Dr Gordon Geary

Mrs Ann Partridge

Registered office

122 Bleary Road
Portadown
BT63 5NG

Accountants

Hamilton Morris Waugh
Chartered Certified Accountants34 Dufferin Avenue
Bangor
Down
BT20 3AA

 

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
GAC Farming Ltd
for the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of GAC Farming Ltd for the year ended 31 March 2025 as set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants (ACCA), we are subject to its ethical and other professional requirements.

This report is made solely to the Board of Directors of GAC Farming Ltd, as a body, in accordance with the terms of our engagement letter dated 18 August 2021. Our work has been undertaken solely to prepare for your approval the accounts of GAC Farming Ltd and state those matters that we have agreed to state to the Board of Directors of GAC Farming Ltd, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GAC Farming Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that GAC Farming Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of GAC Farming Ltd. You consider that GAC Farming Ltd 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 accounts of GAC Farming Ltd. 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 accounts.

......................................

Hamilton Morris Waugh
Chartered Certified Accountants
34 Dufferin Avenue
Bangor
Down
BT20 3AA

23 October 2025

 

GAC Farming Ltd

(Registration number: NI644269)
Balance Sheet as at 31 March 2025

2025
£

2024
£

Fixed assets

429,951

520,761

Current assets

86,108

184,451

Creditors: Amounts falling due within one year

(675,757)

(648,741)

Net current liabilities

(589,649)

(464,290)

Total assets less current liabilities

(159,698)

56,471

Creditors: Amounts falling due after more than one year

(99,974)

(171,774)

Accruals and deferred income

(14,361)

(15,191)

 

(274,033)

(130,494)

Capital and reserves

(274,033)

(130,494)



 

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and FRS 105 ‘The Financial Reporting Standard Applicable to the Micro-entities Regime.

Approved and authorised by the Board on 23 October 2025 and signed on its behalf by:
 

.........................................
Dr Gordon Geary
Director

 

GAC Farming Ltd

(Registration number: NI644269)
Balance Sheet as at 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is:
122 Bleary Road
Portadown
BT63 5NG
United Kingdom

These financial statements were authorised for issue by the Board on 23 October 2025.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 1).