Manor Farms (Little Milton) Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 02803790 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

MANOR FARMS (LITTLE MILTON) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

G W Latham

SECRETARY:

Mrs J C Hislop

REGISTERED OFFICE:

Hedge House

Hangersley House

Ringwood

Hampshire

BH24 3JW

REGISTERED NUMBER:

02803790 (England and Wales)

ACCOUNTANTS:

Graham Latham Limited

Hedge House

Hangersley Hill

Ringwood

Hampshire

BH24 3JW

FIXED ASSETS

Tangible assets

2

-

687,963

Investment property

3

2,940,000

-

2,940,000

687,963

CURRENT ASSETS

Debtors

1,977,627

2,180,036

Cash at bank

42,881

49,316

2,020,508

2,229,352

CREDITORS

Amounts falling due within one year

390,338

382,000

NET CURRENT ASSETS

1,630,170

1,847,352

TOTAL ASSETS LESS CURRENT LIABILITIES

4,570,170

2,535,315

CAPITAL AND RESERVES

Called up share capital

4

1,142,799

1,142,799

Revaluation reserve

2,266,220

-

Profit and loss account

1,161,151

1,392,516

SHAREHOLDERS' FUNDS

4,570,170

2,535,315

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 26 October 2015 and were signed by:

G W Latham - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Turnover

Turnover represents rents receivable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

769,573

Reclassification/transfer

(673,780

)

At 31 March 2015

95,793

DEPRECIATION

At 1 April 2014

81,610

Impairments

14,183

At 31 March 2015

95,793

NET BOOK VALUE

At 31 March 2015

-

At 31 March 2014

687,963

3.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

Reclassification/transfer

2,940,000

At 31 March 2015

2,940,000

NET BOOK VALUE

At 31 March 2015

2,940,000

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

1,142,799

Ordinary

£1

1,142,799

1,142,799

5.	ULTIMATE PARENT COMPANY

Newman Farms (Manor Farm) Limited is regarded by the director as being the company's ultimate parent

company.