W Harradine & Sons Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 00546622

Financial Statements

for the Year Ended 31 March 2019

for

W HARRADINE & SONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

Mr B Harradine

SECRETARY:

Mr B Harradine

REGISTERED OFFICE:

150 Upwell Road

March

Cambridgeshire

PE15 0DE

REGISTERED NUMBER:

00546622

ACCOUNTANTS:

Robson Downing

49 Grampian Way

Oulton

Lowestoft

Suffolk

NR32 3EP

FIXED ASSETS

Tangible assets

4

115,050

115,244

Investments

5

281

281

115,331

115,525

CURRENT ASSETS

Stocks

18,330

24,240

Debtors

6

52,504

56,815

Cash at bank

216,906

184,954

287,740

266,009

CREDITORS

Amounts falling due within one year

7

284,148

272,450

NET CURRENT ASSETS/(LIABILITIES)

3,592

(6,441

)

TOTAL ASSETS LESS CURRENT LIABILITIES

118,923

109,084

CREDITORS

Amounts falling due after more than one year

8

(7,667

)

(11,788

)

PROVISIONS FOR LIABILITIES

(21,859

)

(21,896

)

NET ASSETS

89,397

75,400

CAPITAL AND RESERVES

Called up share capital

3,000

3,000

Retained earnings

86,397

72,400

SHAREHOLDERS' FUNDS

89,397

75,400

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 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 7 May 2019 and were signed by:

Mr B Harradine - Director

1.	STATUTORY INFORMATION

W Harradine & Sons Limited is a private company, limited by shares , registered in Not specified/Other. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Agricultural buildings

-

10% on reducing balance

Implements

-

10% on reducing balance

Plant and machinery

-

25% on reducing balance

Tractors

-

22% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Agricultural

Plant and

buildings

Implements

machinery

£

£

£

COST

At 1 April 2018

18,374

49,730

20,307

Disposals

-

-

(1,068

)

At 31 March 2019

18,374

49,730

19,239

DEPRECIATION

At 1 April 2018

13,161

30,762

16,321

Charge for year

521

1,898

983

Charge written back

-

-

(1,012

)

At 31 March 2019

13,682

32,660

16,292

NET BOOK VALUE

At 31 March 2019

4,692

17,070

2,947

At 31 March 2018

5,213

18,968

3,986

Motor

Computer

Tractors

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2018

30,500

126,675

295

245,881

Additions

46,000

-

-

46,000

Disposals

(30,500

)

-

-

(31,568

)

At 31 March 2019

46,000

126,675

295

260,313

DEPRECIATION

At 1 April 2018

16,025

54,154

214

130,637

Charge for year

10,120

18,130

12

31,664

Charge written back

(16,026

)

-

-

(17,038

)

At 31 March 2019

10,119

72,284

226

145,263

NET BOOK VALUE

At 31 March 2019

35,881

54,391

69

115,050

At 31 March 2018

14,475

72,521

81

115,244

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2018

and 31 March 2019

281

NET BOOK VALUE

At 31 March 2019

281

At 31 March 2018

281

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade debtors

40,863

44,356

Other debtors

11,641

12,459

52,504

56,815

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Hire purchase contracts

19,455

15,718

Trade creditors

3,081

3,106

Taxation and social security

4,360

33

Other creditors

257,252

253,593

284,148

272,450

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.19

31.3.18

£

£

Hire purchase contracts

7,667

11,788

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The business premises occupied by the Company are owned by the director and a normal commercial rent has

been paid.

10.	RELATED PARTY DISCLOSURES

All information relevant to related party transactions are disclosed under the heading "TRANSACTIONS WITH

DIRECTOR".

11.	ULTIMATE CONTROLLING PARTY

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2019 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Robson Downing

49 Grampian Way

Oulton

Lowestoft

Suffolk

NR32 3EP

7 May 2019