Company Registration No. 03440114 (England and Wales)
Agricultural Trading Systems Ltd.
Unaudited accounts
for the year ended 31 March 2025
Agricultural Trading Systems Ltd.
Unaudited accounts
Contents
Agricultural Trading Systems Ltd.
Company Information
for the year ended 31 March 2025
Director
Michael Gathercole
Secretary
Marie Ange Gathercole
Company Number
03440114 (England and Wales)
Registered Office
61 London Street
Swaffham
Norfolk
PE37 7DN
Accountants
JHW Azoth Ltd
13 The Close
Norwich
Norfolk
NR1 4DS
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Agricultural Trading Systems 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
Agricultural Trading Systems Ltd. for the year ended
31 March 2025 as set out on pages
5 -
7 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, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
JHW Azoth Ltd
Chartered Certified Accountants
13 The Close
Norwich
Norfolk
NR1 4DS
18 December 2025
Agricultural Trading Systems Ltd.
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
68,645
49,709
Creditors: amounts falling due within one year
(90,539)
(75,272)
Net current assets
90,606
84,437
Called up share capital
100
100
Profit and loss account
90,707
84,588
Shareholders' funds
90,807
84,688
For the 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. 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.
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 18 December 2025 and were signed on its behalf by
Michael Gathercole
Director
Company Registration No. 03440114
Agricultural Trading Systems Ltd.
Notes to the Accounts
for the year ended 31 March 2025
Agricultural Trading Systems Ltd. is a private company, limited by shares, registered in England and Wales, registration number 03440114. The registered office is 61 London Street, Swaffham, Norfolk, PE37 7DN.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Plant & machinery
Agricultural Trading Systems Ltd.
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Other debtors
110,000
110,000
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
6,138
5,814
Other creditors
51,163
37,759
Loans from directors
30,548
30,597
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).