Easingwold Chickens Ltd 28/02/2021 iXBRL
Easingwold Chickens Ltd 28/02/2021 iXBRL
Company registration number:
01040354
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Directors and other information
Director |
|
|
Company number |
|
|
Registered office |
|
|
|
||
|
||
|
||
|
||
Accountants |
|
|
22 Victoria Avenue | ||
Harrogate | ||
North Yorkshire | ||
HG1 5PR | ||
Bankers |
|
|
7 Cambridge Crescent | ||
Harrogate | ||
North Yorkshire | ||
HG1 1PH | ||
Chartered accountants report to the director on the preparation of the
unaudited statutory financial statements of Easingwold Chickens Ltd
Year ended 28 February 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Easingwold Chickens Ltd for the year ended 28 February 2021 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the director of Easingwold Chickens Ltd, as a body, in accordance with the terms of our engagement letter dated 27 August 2019. Our work has been undertaken solely to prepare for your approval the financial statements of Easingwold Chickens Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Easingwold Chickens Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Easingwold Chickens Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Easingwold Chickens Ltd. You consider that Easingwold Chickens 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 financial statements of Easingwold Chickens 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 financial statements.
Chartered Accountants
22 Victoria Avenue
Harrogate
North Yorkshire
HG1 5PR
16 June 2021
Statement of financial position
28 February 2021
2021 | 2020 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
|
|
||||||
_______ | _______ | ||||||||
|
|
||||||||
Current assets | |||||||||
Stocks |
|
|
|||||||
Debtors | 6 |
|
|
||||||
Cash at bank and in hand |
|
|
|||||||
_______ | _______ | ||||||||
|
|
||||||||
Creditors: amounts falling due | |||||||||
within one year | 7 |
(
|
(
|
||||||
_______ | _______ | ||||||||
Net current assets |
|
|
|||||||
_______ | _______ | ||||||||
Total assets less current liabilities |
|
|
|||||||
Creditors: amounts falling due | |||||||||
after more than one year | 8 |
(
|
(
|
||||||
Provisions for liabilities |
(
|
(
|
|||||||
_______ | _______ | ||||||||
Net assets |
|
|
|||||||
_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital |
|
|
|||||||
Profit and loss account |
|
|
|||||||
_______ | _______ | ||||||||
Shareholder funds |
|
|
|||||||
_______ | _______ | ||||||||
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
16 June 2021
, and are signed on behalf of the board by:
Director
Company registration number:
01040354
Notes to the financial statements
Year ended 28 February 2021
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is High Moor Lodge, Langthorpe, Boroughbridge, York, North Yorkshire, YO51 9DZ.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Land and buildings | - |
|
||
Plant and machinery | - |
|
|
|
Fittings fixtures and equipment | - |
|
|
|
Motor vehicles | - |
|
|
|
Impairment
Stocks
Government grants
Provisions
Financial instruments
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2020:
1
).
5.
Tangible assets
Freehold property | Plant and machinery | Fixtures, fittings and equipment | Motor vehicles | Total | ||
£ | £ | £ | £ | £ | ||
Cost | ||||||
At 29 February 2020 |
|
|
|
|
|
|
Additions | - |
|
- |
|
|
|
Disposals | - | - | - |
(
|
(
|
|
_______ | _______ | _______ | _______ | _______ | ||
At 28 February 2021 |
|
|
|
|
|
|
_______ | _______ | _______ | _______ | _______ | ||
Depreciation | ||||||
At 29 February 2020 | - |
|
|
|
|
|
Charge for the year | - |
|
|
|
|
|
Disposals | - | - | - |
(
|
(
|
|
_______ | _______ | _______ | _______ | _______ | ||
At 28 February 2021 | - |
|
|
|
|
|
_______ | _______ | _______ | _______ | _______ | ||
Carrying amount | ||||||
At 28 February 2021 |
|
|
|
|
|
|
_______ | _______ | _______ | _______ | _______ | ||
At 28 February 2020 |
|
|
|
|
|
|
_______ | _______ | _______ | _______ | _______ | ||
6.
Debtors
2021 | 2020 | |||
£ | £ | |||
Trade debtors |
|
|
||
Other debtors |
|
|
||
_______ | _______ | |||
|
|
|||
_______ | _______ | |||
7.
Creditors: amounts falling due within one year
2021 | 2020 | |||
£ | £ | |||
Bank loans and overdrafts |
|
|
||
Trade creditors |
|
|
||
Corporation tax |
|
|
||
Other creditors |
|
|
||
_______ | _______ | |||
|
|
|||
_______ | _______ | |||
8.
Creditors: amounts falling due after more than one year
2021 | 2020 | |||
£ | £ | |||
Bank loans and overdrafts |
|
|
||
Other creditors |
|
|
||
_______ | _______ | |||
|
|
|||
_______ | _______ | |||
9.
Controlling party