Greys Milking Sheep Limited - Limited company - abbreviated - 11.6
Greys Milking Sheep Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| GREYS MILKING SHEEP LIMITED |
| ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST DECEMBER 2014 |
| GREYS MILKING SHEEP LIMITED (REGISTERED NUMBER: 01783898) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST DECEMBER 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| GREYS MILKING SHEEP LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST DECEMBER 2014 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| BANKERS: |
| GREYS MILKING SHEEP LIMITED (REGISTERED NUMBER: 01783898) |
| ABBREVIATED BALANCE SHEET |
| 31ST DECEMBER 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the director on |
| GREYS MILKING SHEEP LIMITED (REGISTERED NUMBER: 01783898) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST DECEMBER 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Buildings | - |
| Plant and fixtures | - |
| Motor vehicles | - |
| Stocks |
| Feedstuffs etc are valued at the lower cost or net realisable value. Livestock are valued at the lower of cost or net |
| realisable value, if purchased, or the estimated cost of rearing. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st January 2014 |
| Additions |
| At 31st December 2014 |
| DEPRECIATION |
| At 1st January 2014 |
| and 31st December 2014 |
| NET BOOK VALUE |
| At 31st December 2014 |
| At 31st December 2013 |
| The company's buildings are built on freehold land owned by a director. The herd additions represents an increase |
| or decrease in the productive herd from that which existed at the previous balance sheet date. |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |
| GREYS MILKING SHEEP LIMITED (REGISTERED NUMBER: 01783898) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31ST DECEMBER 2014 |
| 4. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| C.Carnevale is the proprietor of another business to whom the company made sales amounting to £169,380 on |
| normal commercial terms (previous year - £177,050). The balance owed to C.Carnevale at the balance sheet date |
| was £117,156 (previous year £117,156). |