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Extracts from
Financial Reports
To
understand why the concept of our Mobile Poultry house appeals to
farmers/producers in the present agricultural climate just take a look
at the figures below.
The is a
summary of the year end results prepared by Davison Bedworth Limited
for the poultry egg production unit operated by Freedom Farm Mobiles
Limited it reports only on the earnings achieved from our Mobile
Poultry House. We trust that the information disclosed below is self
explanatory please contact us if any further analysis is required.
This is the
most important demonstration of the success of the mobile poultry
unit.
Minimal
Effort and maximum Profits can be achieved.
JUST TAKE A LOOK BELOW........
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FREEDOM FARM MOBILES
LIMITED
EAST MOORTOWN
CHAWLEIGH
DEVON EX18 7EU
The figures shown
below form part of the annual accounts of Freedom Farm Mobiles
Limited for the year ended 31st December 2002. The
company manufactured and erected a mobile poultry unit for three
thousand laying hens and housed the chickens on the 28th
January 2002. These figures show the financial performance of
this unit to 31st December 2002.
The purpose of this
statement is to confirm that these trading results are a true
and correct record of the income and expenditure from this egg
production business conducted by the company to the best of our
knowledge and belief.
The actual costs to
individual business’s will be dependent upon their specific
circumstances. The figures are illustrated below to show the
experiences of Freedom Farm Mobiles Ltd when operating a mobile
poultry unit, to give an indication of what is achievable.
EGG
PRODUCTION & SALES ACCOUNT FOR THE YEAR ENDED 31ST
DECEMBER 2002
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GBP(£) |
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Sales of Eggs |
52,744 |
| Less Cost
of Sales |
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Feed and Litter |
-17,570 |
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Laying Hens |
-7,620 |
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Freedom Farm Foods Registration Fees |
-170.00 |
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Gross Profit
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27,384 |
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Notes to
the accounts
The above
figures are shown before deduction of egg packaging costs,
wages and overheads, capital and finance charges.
Inland Revenue guidance state that poultry houses which
are moveable, and are intended to be moved in the course
of the trade will attract tax allowances of 40% in the
first year, and 25% of the reducing balance in subsequent
years, under current tax legislation.
Davison Bedworth Limited
Chartered Accountants
11 South Street
South Molton
Devon
9th April 2003
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