N O'Connor Poultry Ltd iXBRL

Company Registration Number: NI639033

N O'Connor Poultry Ltd

Abridged Unaudited Financial Statements

for the financial year ended 30 June 2025

N O'Connor Poultry Ltd

Company Registration Number: NI639033

ABRIDGED BALANCE SHEET

as at 30 June 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets

337,014

357,022

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Current Assets

Stocks

28,282

Debtors

47,119

39,480

Cash and cash equivalents

74,623

149,516

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150,024

188,996

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Creditors: amounts falling due within one year

(86,975)

(210,908)

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Net Current Assets/(Liabilities)

63,049

(21,912)

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Total Assets less Current Liabilities

400,063

335,110

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Capital and Reserves

Called up share capital

200

200

Retained earnings

399,863

334,910

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Equity attributable to owners of the company

400,063

335,110

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The financial statements have been prepared 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).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Director's Report.

For the financial year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 11 November 2025




________________________________
Noel O'Connor
Director

N O'Connor Poultry Ltd

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

for the financial year ended 30 June 2025

General Information

N O'Connor Poultry Ltd is a company limited by shares incorporated in Northern Ireland. 30a Gortin Road, Omagh, Co Tyrone, BT79 7HX is the registered office. 19 Springtown Road, Tavneymore, Augher, Co Tyrone, BT77 0ES is the principal place of business. The principal activity of the company is that of raising of poultry. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the year ended 30 June 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Chicken houses

4% Straight line

Plant and machinery

20% Reducing balance

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Stocks

Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Ordinary share capital

The ordinary share capital of the company is presented as equity.


3.	Tangible assets
		Chicken	Plant and	Total
		houses	machinery

		£	£	£
	Cost
	At 1 July 2024	310,378	456,969	767,347
	Additions	-	27,000	27,000
		─────────	─────────	─────────
	At 30 June 2025	310,378	483,969	794,347
		─────────	─────────	─────────
	Depreciation
	At 1 July 2024	99,321	311,004	410,325
	Charge for the financial year	12,415	34,593	47,008
		─────────	─────────	─────────
	At 30 June 2025	111,736	345,597	457,333
		─────────	─────────	─────────
	Net book value
	At 30 June 2025	198,642	138,372	337,014
		═════════	═════════	═════════
	At 30 June 2024	211,057	145,965	357,022
		═════════	═════════	═════════

Capital commitments

The company had no material capital commitments at the financial year-ended 30 June 2025.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.