SUFFOLK MUSHROOMS LIMITED

SUFFOLK MUSHROOMS LIMITED

SUFFOLK MUSHROOMS UNLIMITED - Company Information

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SUFFOLK MUSHROOMS LIMITED

Company Registration Number:
07071393 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2019

Period of accounts

Start date: 01 November 2018

End date: 31 October 2019

SUFFOLK MUSHROOMS LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2019

Balance sheet
Notes

SUFFOLK MUSHROOMS LIMITED

Balance sheet

As at 31 October 2019


Notes
2019
2018


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 547,860 807,829
Investments:   0 0
Total fixed assets: 547,860 807,829
Current assets
Stocks: 275,406 211,547
Debtors: 4 367,080 510,218
Cash at bank and in hand: 114,346 434,424
Investments:   0 0
Total current assets: 756,832 1,156,189
Creditors: amounts falling due within one year: 5 (2,822,473) (2,851,540)
Net current assets (liabilities): (2,065,641) (1,695,351)
Total assets less current liabilities: (1,517,781) (887,522)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: (16,878) (47,411)
Total net assets (liabilities): (1,534,659) (934,933)
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (1,534,759) (935,033)
Shareholders funds: (1,534,659) (934,933)

The notes form part of these financial statements

SUFFOLK MUSHROOMS LIMITED

Balance sheet statements

For the year ending 31 October 2019 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 April 2020
and signed on behalf of the board by:

Name: Alan Walsh
Status: Director

The notes form part of these financial statements

SUFFOLK MUSHROOMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SUFFOLK MUSHROOMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2019

2. Employees

2019 2018
Average number of employees during the period 118 127

SUFFOLK MUSHROOMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2019

3. Tangible Assets

Total
Cost £
At 01 November 2018 2,823,894
Additions 10,878
Disposals 0
At 31 October 2019 2,834,772
Depreciation
At 01 November 2018 2,016,065
Charge for year 270,847
At 31 October 2019 2,286,912
Net book value
At 31 October 2019 547,860
At 31 October 2018 807,829

SUFFOLK MUSHROOMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2019

4. Debtors

2019 2018
££
Debtors due after more than one year: 0 0

SUFFOLK MUSHROOMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2019

5. Creditors: amounts falling due within one year note

Trade creditors = 123,434Amounts owed to group undertakings = 2,373,822Taxation and social insurance = 44,200Other creditors = 76,163Accruals = 204,854