| Drumgar Poultry Limited |
| Registered number: |
NI629098 |
| Balance Sheet |
| as at 28 February 2021 |
|
| Notes |
|
|
2021 |
|
|
2020 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
657,095 |
|
|
669,365 |
|
| Current assets |
| Cash at bank and in hand |
|
|
17,332 |
|
|
29,385 |
|
| Creditors: amounts falling due within one year |
4 |
|
(19,589) |
|
|
(2,014) |
|
| Net current (liabilities)/assets |
|
|
|
(2,257) |
|
|
27,371 |
|
| Total assets less current liabilities |
|
|
|
654,838 |
|
|
696,736 |
|
| Creditors: amounts falling due after more than one year |
5 |
|
|
(469,338) |
|
|
(545,661) |
|
|
|
| Net assets |
|
|
|
185,500 |
|
|
151,075 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
185,400 |
|
|
150,975 |
|
| Shareholders' funds |
|
|
|
185,500 |
|
|
151,075 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Paul Gardiner |
| Director |
| Approved by the board on 15 November 2021 |
|
| Drumgar Poultry Limited |
| Notes to the Accounts |
| for the year ended 28 February 2021 |
|
|
| 1 |
Accounting policies |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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. |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
|
|
| 2 |
Employees |
2021 |
|
2020 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 March 2020 |
507,783 |
|
242,736 |
|
750,519 |
|
Additions |
- |
|
22,184 |
|
22,184 |
|
At 28 February 2021 |
507,783 |
|
264,920 |
|
772,703 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2020 |
21,866 |
|
59,288 |
|
81,154 |
|
Charge for the year |
8,542 |
|
25,912 |
|
34,454 |
|
At 28 February 2021 |
30,408 |
|
85,200 |
|
115,608 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2021 |
477,375 |
|
179,720 |
|
657,095 |
|
At 29 February 2020 |
485,917 |
|
183,448 |
|
669,365 |
|
|
| 4 |
Creditors: amounts falling due within one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Taxation and social security costs |
4,650 |
|
(258) |
|
Other creditors |
14,939 |
|
2,272 |
|
|
|
|
|
|
19,589 |
|
2,014 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due after one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Bank loans |
469,338 |
|
545,661 |
|
|
|
|
|
|
|
|
|
