Crowmarsh Battle Farms Limited - Limited company - abbreviated - 11.9
Crowmarsh Battle Farms Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015 |
| FOR |
| CROWMARSH BATTLE FARMS LIMITED |
| CROWMARSH BATTLE FARMS LIMITED (REGISTERED NUMBER: 0114 |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 March 2015 |
| Page |
| Company Information | 1 |
| Chartered Certified Accountants' Report | 2 |
| Abbreviated Balance Sheet | 3 |
| Notes to the Abbreviated Accounts | 5 |
| CROWMARSH BATTLE FARMS LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 March 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountant |
| CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| CROWMARSH BATTLE 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 three to six) |
| 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 Crowmarsh Battle Farms Limited for the year ended 31 March 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com. |
| This report is made solely to the Board of Directors of Crowmarsh Battle 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 Crowmarsh Battle Farms Limited and state those matters that we have agreed to state to the Board of Directors of Crowmarsh Battle Farms Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. 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 Crowmarsh Battle 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 Crowmarsh Battle Farms Limited. You consider that Crowmarsh Battle Farms 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 Crowmarsh Battle 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. |
| Chartered Certified Accountant |
| 1 October 2015 |
| CROWMARSH BATTLE FARMS LIMITED (REGISTERED NUMBER: 0114 |
| ABBREVIATED BALANCE SHEET |
| 31 March 2015 |
| 2015 | 2014 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| 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. |
| CROWMARSH BATTLE FARMS LIMITED (REGISTERED NUMBER: 0114 |
| ABBREVIATED BALANCE SHEET - continued |
| 31 March 2015 |
| The financial statements were approved by the Board of Directors on |
| CROWMARSH BATTLE FARMS LIMITED (REGISTERED NUMBER: 0114 |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 March 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 |
| The turnover shown in the profit and loss account represents amounts derived from the provision of goods and |
| services to customers. |
| In respect of long-term contracts and contracts for on-going services, turnover represents the value of work |
| done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and |
| contracts for on-going services is recognised by reference to the stage of completion. |
| Tangible fixed assets |
| Freehold property | - |
| Plant and machinery | - |
| Stocks |
| Stock has been valued using the following policies: |
| Corn in Store |
| a. At deemed cost of production being 75% of market value, |
| b. At purchase cost or nett realisable value whichever is lower in respect of purchased grain. |
| Hay and Straw - at deemed cost of production - 75% of market value or at cost whichever is higher, |
| Stores - at cost or net realisable value, |
| Tillages - at cost of beneficial acts of husbandry. |
| 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 |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those |
| held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance |
| leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant period. The |
| capital element of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
| period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to the profit and loss account in the period to which they relate. |
| CROWMARSH BATTLE FARMS LIMITED (REGISTERED NUMBER: 0114 |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 31 March 2015 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2014 |
| Additions |
| Disposals | ( |
) |
| At 31 March 2015 |
| DEPRECIATION |
| At 1 April 2014 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 March 2015 |
| NET BOOK VALUE |
| At 31 March 2015 |
| At 31 March 2014 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 April 2014 |
| and 31 March 2015 | 45 |
| NET BOOK VALUE |
| At 31 March 2015 |
| At 31 March 2014 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |