Abbreviated Company Accounts - THIMBLEBY FARMS LIMITED

THIMBLEBY FARMS LIMITED - Company Information

03160770 THIMBLEBY FARMS LIMITED 2014-09-30 false 2013-10-01 2014-09-30 true 03160770 2013-10-01 2014-09-30 03160770 2014-09-30 03160770 2013-09-30 03160770 uk-gaap-cd-bus:Director1 2013-10-01 2014-09-30 03160770 uk-gaap-cd-bus:Director2 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-30 iso4217:GBP shares

Registered Number 03160770

THIMBLEBY FARMS LIMITED

Abbreviated Accounts

30 September 2014

THIMBLEBY FARMS LIMITED Registered Number 03160770

Abbreviated Balance Sheet as at 30 September 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	49,412	67,826
Tangible assets	3	2,522,263	2,460,420
Investments	4	-	1
		2,571,675	2,528,247
Current assets
Stocks		453,640	485,000
Debtors		286,752	415,591
Cash at bank and in hand		242,953	169,192
		983,345	1,069,783
Creditors: amounts falling due within one year		(2,869,753)	(2,767,046)
Net current assets (liabilities)		(1,886,408)	(1,697,263)
Total assets less current liabilities		685,267	830,984
Total net assets (liabilities)		685,267	830,984
Capital and reserves
Called up share capital	5	3,500,000	3,500,000
Profit and loss account		(2,814,733)	(2,669,016)
Shareholders' funds		685,267	830,984

For the year ending 30 September 2014 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 25 June 2015

And signed on their behalf by:
A E Shelley, Director

THIMBLEBY FARMS LIMITED Registered Number 03160770

Notes to the Abbreviated Accounts for the period ended 30 September 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover is stated net of VAT

Tangible assets depreciation policy
Freehold property - 2% p a on cost
Motor vehicles - 25% p a on reducing balance
Improvements on freehold property - 4% p a on cost
Plant & machinery - 20% p a on cost

Intangible assets amortisation policy
Acquired goodwill is written off in equal installments over its useful economic life of 17 years

2Intangible fixed assets

	£
Cost
At 1 October 2013	360,814
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	360,814
Amortisation
At 1 October 2013	292,988
Charge for the year	18,414
On disposals	-
At 30 September 2014	311,402
Net book values
At 30 September 2014	49,412
At 30 September 2013	67,826

3Tangible fixed assets

	£
Cost
At 1 October 2013	3,206,772
Additions	199,586
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	3,406,358
Depreciation
At 1 October 2013	746,352
Charge for the year	137,743
On disposals	-
At 30 September 2014	884,095
Net book values
At 30 September 2014	2,522,263
At 30 September 2013	2,460,420

4Fixed assets Investments
Fixed assets investments are stated at cost less any provision for diminution in value

5Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
3,500,000 Ordinary shares of £1 each	3,500,000	3,500,000