Ingleborough Farms Limited - Limited company - abbreviated - 11.6
Ingleborough Farms Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| INGLEBOROUGH FARMS LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE PERIOD |
| 7 MAY 2014 TO 31 JANUARY 2015 |
| INGLEBOROUGH FARMS LIMITED (REGISTERED NUMBER: 09027248) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE PERIOD 7 MAY 2014 TO 31 JANUARY 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 | to | 4 |
| Chartered Accountants' Report | 5 |
| INGLEBOROUGH FARMS LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 7 MAY 2014 TO 31 JANUARY 2015 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| INGLEBOROUGH FARMS LIMITED (REGISTERED NUMBER: 09027248) |
| ABBREVIATED BALANCE SHEET |
| 31 JANUARY 2015 |
| Notes | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Valuation |
| Debtors |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Share premium |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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 Board of Directors on |
| INGLEBOROUGH FARMS LIMITED (REGISTERED NUMBER: 09027248) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE PERIOD 7 MAY 2014 TO 31 JANUARY 2015 |
| 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 produce, excluding valued added tax, and includes the Single Farm Payment and |
| environmental subsidies. |
| Sales of produce are recognised upon despatch. |
| The Single Farm Payment is recognised in the financial statements in accordance with current H.M.Revenue & Customs |
| guidance. |
| Tenancies |
| Tenancies are recorded at the directors valuation on the group reconstruction and not amortised. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value in accordance with Inland Revenue Business Economic Notes |
| 19. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| Transfer from parent |
| At 31 January 2015 |
| NET BOOK VALUE |
| At 31 January 2015 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| Additions |
| Transfer from parent |
| At 31 January 2015 |
| DEPRECIATION |
| Transfer from parent |
| At 31 January 2015 |
| NET BOOK VALUE |
| At 31 January 2015 |
| INGLEBOROUGH FARMS LIMITED (REGISTERED NUMBER: 09027248) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE PERIOD 7 MAY 2014 TO 31 JANUARY 2015 |
| 4. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| Transfer from parent | 285,750 |
| At 31 January 2015 | 285,750 |
| NET BOOK VALUE |
| At 31 January 2015 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal |
| value: | £ |
| Ordinary | £1 |
| 6. | PARENT COMPANY |
| The parent company is Roughton Farms Limited. |
| CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| INGLEBOROUGH FARMS LIMITED |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial |
| statements, from which the unaudited abbreviated accounts (set out on pages two to four) 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 Ingleborough Farms Limited for the period ended 31 January 2015 which comprise the Profit and Loss Account, the |
| Balance Sheet and the related notes 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 (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of Ingleborough Farms Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ingleborough Farms Limited and state those matters that we have agreed to state to the Board of Directors of Ingleborough Farms 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 the company and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that Ingleborough Farms 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 Ingleborough Farms Limited. You consider that Ingleborough Farms Limited is exempt from the statutory audit requirement for the period. |
| We have not been instructed to carry out an audit or a review of the financial statements of Ingleborough Farms 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. |
| 28 August 2015 |