North Grange Farming Co Filleted accounts for Companies House (small and micro)
North Grange Farming Co Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
SC148007
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Statement of Financial Position |
2019 |
2018 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
4 |
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Creditors: amounts falling due within one year |
5 |
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Net current liabilities |
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--------- |
--------- |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves
Called up share capital |
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Revaluation reserve |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
10 September 2020
, and are signed on behalf of the board by:
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Director |
Company registration number:
SC148007
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Notes to the Financial Statements |
Year ended 31 December 2019
1.
General information
The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is North Grange Farm, Monifieth, Dundee, Scotland, DD5 4HY.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Income tax
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:
Freehold property |
- |
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Impairment of fixed assets
4.
Tangible assets
Land and buildings |
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£ |
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Cost |
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At 1 January 2019 and 31 December 2019 |
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Depreciation |
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At 1 January 2019 |
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Charge for the year |
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--------- |
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At 31 December 2019 |
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Carrying amount |
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At 31 December 2019 |
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At 31 December 2018 |
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Tangible assets held at valuation
5.
Creditors:
amounts falling due within one year
2019 |
2018 |
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£ |
£ |
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Corporation tax |
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Other creditors |
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6.
Directors' advances, credits and guarantees
There are no directors advances, credits and guarantees such as required to be disclosed.
7.
Related party transactions
The company was under the control of Mr JH and Mrs F Thompson throughout the current and previous year. Mr and Mrs Thomspon are directors. The company received rental income from Mr and Mrs Thompson during the year of £13,000 (2018 - £13,000). No other transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.