REGISTERED NUMBER: 03723484 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2017

FOR

A & L POULTRY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R L Adams

SECRETARY:

Mrs J Adams

REGISTERED OFFICE:

Brookside Farm

Carr Moss Lane

Ormskirk

Lancashire

L39 8RU

REGISTERED NUMBER:

03723484 (England and Wales)

ACCOUNTANTS:

TLL Accountants

7-9 Station Road

Hesketh Bank

Preston

Lancashire

PR4 6SN

FIXED ASSETS

Tangible assets

4

303,822

314,056

CURRENT ASSETS

Stocks

10,000

17,000

Debtors

5

19,037

13,677

Cash at bank and in hand

4,078

2,862

33,115

33,539

CREDITORS

Amounts falling due within one year

6

145,459

148,510

NET CURRENT LIABILITIES

(112,344

)

(114,971

)

TOTAL ASSETS LESS CURRENT LIABILITIES

191,478

199,085

CREDITORS

Amounts falling due after more than one year

7

(155,482

)

(178,384

)

PROVISIONS FOR LIABILITIES

(721

)

(1,082

)

NET ASSETS

35,275

19,619

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

35,274

19,618

SHAREHOLDERS' FUNDS

35,275

19,619

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 17th April 2018 and were signed by:

R L Adams - Director

1.	STATUTORY INFORMATION

A & L Poultry Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the

extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will

be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern

The Accounts have been prepared on a going concern basis which the director believes to be appropriate having

considered the next 12 months trading, despite there being net current liabilities. Within creditors due within one

year is a balance of £44,838 in addition to £75,000 due after one year owed to the director which he has given

assurances that he will not withdraw until the company is in such a position to do so.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Office

Motor

property

machinery

equipment

vehicles

Totals

£

£

£

£

£

COST

At 1st September 2016

and 31st August 2017

397,568

87,492

2,853

21,832

509,745

DEPRECIATION

At 1st September 2016

92,733

79,491

2,569

20,896

195,689

Charge for year

7,929

2,000

71

234

10,234

At 31st August 2017

100,662

81,491

2,640

21,130

205,923

NET BOOK VALUE

At 31st August 2017

296,906

6,001

213

702

303,822

At 31st August 2016

304,835

8,001

284

936

314,056

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

15,485

11,793

VAT

3,552

1,884

19,037

13,677

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

22,013

23,913

Trade creditors

56,935

70,979

Tax

15,142

11,695

Social security and other taxes

216

223

Directors' current accounts

44,838

38,485

Accrued expenses

6,315

3,215

145,459

148,510

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Bank loans - 2-5 years

80,482

103,384

Directors' loan account

75,000

75,000

155,482

178,384

8.	CONTROL OF THE ENTITY

The company is controlled by the director by virtue of his 100% ownership of the issued share capital.