Registered number: 08204130 | ||||||||
FOR THE YEAR ENDED 30/09/2022 | ||||||||
Prepared By: | ||||||||
H Routledge | ||||||||
Accountancy Services | ||||||||
11 Dolystwyth | ||||||||
Llanilar | ||||||||
Aberystwyth | ||||||||
Ceredigion | ||||||||
SY23 4PB |
Homeland By Products Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/09/2022 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Ceredigion | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in , registered number 08204130 | ||||||||
ACCOUNTANTS | ||||||||
H Routledge | ||||||||
Accountancy Services | ||||||||
11 Dolystwyth | ||||||||
Llanilar | ||||||||
Aberystwyth | ||||||||
Ceredigion | ||||||||
SY23 4PB |
Homeland By Products Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30/09/2022 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Homeland By Products Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2022 | 2021 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
1,006,709 | 1,212,921 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT LIABILITIES | ( | (40,735) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | 1,226,257 | 1,034,375 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Homeland By Products Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/09/2022 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
1c. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
2. EMPLOYEES | ||||||
2022 | 2021 | |||||
No. | No. | |||||
Average number of employees | ( | 13 | ||||
Homeland By Products Limited | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||||||||
Short Leasehold | Plant and | Commercial | Fixtures | |||||||||
Properties | Machinery | Vehicles | and Fittings | Motor Cars | Total | |||||||
£ | £ | £ | £ | £ | £ | |||||||
Cost | ||||||||||||
At 01/10/2021 | 22,954 | 915,693 | 119,152 | 238,823 | 192,175 | 1,488,797 | ||||||
Additions | - | 197,667 | 84,326 | 172,765 | - | 454,758 | ||||||
At 30/09/2022 | 22,954 | 1,113,360 | 203,478 | 411,588 | 192,175 | 1,943,555 | ||||||
Depreciation | ||||||||||||
At 01/10/2021 | - | 239,123 | - | 7,405 | 128,659 | 375,187 | ||||||
At 30/09/2022 | - | 239,123 | - | 7,405 | 128,659 | 375,187 | ||||||
Net Book Amounts | ||||||||||||
At 30/09/2022 | 22,954 | 1,568,368 | ||||||||||
At 30/09/2021 | 22,954 | 1,113,610 | ||||||||||
4. STOCK | 2022 | 2021 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock | ||||||
5. DEBTORS | 2022 | 2021 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 133,236 | 114,233 | ||||||
D & RE Patterson | 26,880 | 26,880 | ||||||
VAT | 33,584 | 32,441 | ||||||
Dafydd Raw Rees Loan Account | 28,803 | 28,803 | ||||||
Colin Patterson Loan Account | 45,104 | 34,104 | ||||||
267,607 | 236,461 | |||||||
Homeland By Products Limited | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2022 | 2021 | |||||||
£ | £ | |||||||
UK corporation tax | 44,629 | 44,629 | ||||||
PAYE control | 6,936 | 6,936 | ||||||
Directors current account | 40,763 | 41,051 | ||||||
Bank loans and overdrafts | 91,852 | 154,260 | ||||||
Bounce Back Bank Loan | 43,470 | 47,783 | ||||||
CBILS BARCLAYS Load | 225,003 | 250,000 | ||||||
VW Finances | 52,482 | 52,482 | ||||||
Finance leases | 65,272 | 71,200 | ||||||
JCB Finances | 94,005 | - | ||||||
DLL Finance leases | 123,537 | - | ||||||
MAN Vehicle Finance | 68,783 | 93,235 | ||||||
Trade creditors | 384,791 | 423,283 | ||||||
Other Creditors- Ashleigh Commercial FInance | 64,047 | 64,047 | ||||||
Other creditors | 2,000 | 2,000 | ||||||
Accruals | 2,750 | 2,750 | ||||||
1,310,320 | 1,253,656 | |||||||
7. PROVISIONS FOR LIABILITIES | 2022 | 2021 | ||||||
£ | £ | |||||||
Deferred taxation | 38,498 | 38,498 | ||||||
38,498 | 38,498 | |||||||
8. SHARE CAPITAL | 2022 | 2021 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
2 | 2 | |||||||
2 | 2 | |||||||