HAWTHORN_HOUSE_FARMING_LI - Accounts

THRUSSENDALE FARM LIMITED - Company Information

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Company Registration No. 08076583 (England and Wales)

HAWTHORN HOUSE FARMING LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2014

HAWTHORN HOUSE FARMING LIMITED

CONTENTS

Page

Accountants' report

Abbreviated balance sheet

Notes to the abbreviated accounts

3 - 4

HAWTHORN HOUSE FARMING LIMITED

ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF HAWTHORN HOUSE FARMING LIMITED FOR THE YEAR ENDED 31 DECEMBER 2014

- 1 -

The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 4 have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hawthorn House Farming Limited for the year ended 31 December 2014 set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.

This report is made solely to the Board of Directors of Hawthorn House Farming Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Hawthorn House Farming Limited and state those matters that we have agreed to state to the Board of Directors of Hawthorn House Farming Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hawthorn House Farming Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Hawthorn House Farming Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hawthorn House Farming Limited. You consider that Hawthorn House Farming Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hawthorn House Farming Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ellacotts LLP

21 September 2015

Accountants

Countrywide House

23 West Bar

Banbury

Oxfordshire

England

OX16 9SA

HAWTHORN HOUSE FARMING LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2014

- 2 -

2014

2013

Notes

Fixed assets

Tangible assets

12,120

11,994

Current assets

Stocks

13,660

11,200

Debtors

704

520

Cash at bank and in hand

731

241

15,095

11,961

Creditors: amounts falling due within one year

(73,521)

(86,138)

Net current liabilities

(58,426)

(74,177)

Total assets less current liabilities

(46,306)

(62,183)

Capital and reserves

Called up share capital

100

Profit and loss account

(46,406)

(62,283)

Shareholder's funds

(46,306)

(62,183)

For the financial year ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 21 September 2015

Mr R A Hamilton

Director

Company Registration No. 08076583

HAWTHORN HOUSE FARMING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

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Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The director considers that it is appropriate to prepare the financial statements as a going concern, on the basis that he will continue to provide financial support to the company as required.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets other than tenant's improvements are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

20% Reducing balance

Office equipment

20% Reducing balance

1.5

Stock

Stock is valued at the lower of cost and net realisable value.

Fixed assets

Tangible assets

Cost

At 1 January 2014

17,532

Additions

2,721

At 31 December 2014

20,253

Depreciation

At 1 January 2014

5,538

Charge for the year

2,595

At 31 December 2014

8,133

Net book value

At 31 December 2014

12,120

At 31 December 2013

11,994

HAWTHORN HOUSE FARMING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2014

- 4 -

Share capital

2014

2013

Allotted, called up and fully paid

100 Ordinary Shares of £1 each

100