Abbreviated Company Accounts - HIGHFIELD PRESERVES LIMITED

HIGHFIELD PRESERVES LIMITED - Company Information

03500439 HIGHFIELD PRESERVES LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 03500439 2014-01-01 2014-12-31 03500439 2014-12-31 03500439 2013-12-31 03500439 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 03500439 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass3 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass3 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass3 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass4 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass4 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass4 2013-12-31 iso4217:GBP shares

Registered Number 03500439

HIGHFIELD PRESERVES LIMITED

Abbreviated Accounts

31 December 2014

HIGHFIELD PRESERVES LIMITED Registered Number 03500439

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	66,354	45,701
		66,354	45,701
Current assets
Stocks		66,466	58,349
Debtors		182,374	120,950
Cash at bank and in hand		51,886	61,606
		300,726	240,905
Creditors: amounts falling due within one year		(70,355)	(30,819)
Net current assets (liabilities)		230,371	210,086
Total assets less current liabilities		296,725	255,787
Creditors: amounts falling due after more than one year		(6,513)	0
Provisions for liabilities		(10,167)	(5,741)
Total net assets (liabilities)		280,045	250,046
Capital and reserves
Called up share capital	3	10,000	10,000
Profit and loss account		270,045	240,046
Shareholders' funds		280,045	250,046

For the year ending 31 December 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 1 July 2015

And signed on their behalf by:
Donald Fraser, Director

HIGHFIELD PRESERVES LIMITED Registered Number 03500439

Notes to the Abbreviated Accounts for the period ended 31 December 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 represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Plant & Machinery 15% reducing balance
Motor vehicles 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 January 2014	105,777
Additions	32,362
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	138,139
Depreciation
At 1 January 2014	60,076
Charge for the year	11,709
On disposals	-
At 31 December 2014	71,785
Net book values
At 31 December 2014	66,354
At 31 December 2013	45,701

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
50 A Ordinary shares of £1 each	50	50
4,990 B Ordinary shares of £1 each	4,990	4,990
2,480 C Ordinary shares of £1 each	2,480	2,480
2,480 D Ordinary shares of £1 each	2,480	2,480