R Cook & son farmers Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08098785 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 June 2014 to 31 March 2015

for

R Cook & son farmers Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R Cook

M Cook

SECRETARY:

R Cook

REGISTERED OFFICE:

Drybrook farm

Whitwick

Coalville

Leics

REGISTERED NUMBER:

08098785 (England and Wales)

ACCOUNTANTS:

E Hodgkinson & Co

Chartered Certified Accountants

Brooklyn House

44A Brook Street

Shepshed

Leics

LE12 9RG

FIXED ASSETS

Tangible assets

2

71,178

72,185

CURRENT ASSETS

Stocks

165,623

171,735

Debtors

4,416

3,818

Cash at bank

1,820

2,992

171,859

178,545

CREDITORS

Amounts falling due within one year

239,124

259,067

NET CURRENT LIABILITIES

(67,265

)

(80,522

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,913

(8,337

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

3,813

(8,437

)

SHAREHOLDERS' FUNDS

3,913

(8,337

)

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

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

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 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 Board of Directors on 9 September 2015 and were signed on its behalf by:

R Cook - Director

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

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

Plant & machinery 15% reducing balance.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due

allowance for obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but

not reversed at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a

straight line basis over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

and 31 March 2015

73,870

DEPRECIATION

At 1 June 2014

1,685

Charge for period

1,007

At 31 March 2015

2,692

NET BOOK VALUE

At 31 March 2015

71,178

At 31 May 2014

72,185

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

1

100

100