Llyn Aquaculture Limited - Limited company - abbreviated

REGISTERED NUMBER: 03729108 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Llyn Aquaculture Limited

Trading as

Fish farm and research

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Dr M J Rigby

Mrs C A Rigby

A B Parry

SECRETARY:

Mrs C A Rigby

REGISTERED OFFICE:

Afonwen Farm

Chwilog

Pwllheli

Gwynedd

LL53 6TX

REGISTERED NUMBER:

03729108 (England and Wales)

ACCOUNTANTS:

DUNN AND ELLIS

Chartered Accountants

Adeilad St David's Building

Stryd Lombard Street

Porthmadog

Gwynedd

LL49 9AP

FIXED ASSETS

Tangible assets

2

4

CURRENT ASSETS

Debtors

10,360

21,636

Cash at bank

27,706

22,277

38,066

43,913

CREDITORS

Amounts falling due within one year

30,631

31,271

NET CURRENT ASSETS

7,435

12,642

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,439

12,646

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

7,339

12,546

SHAREHOLDERS' FUNDS

7,439

12,646

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 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 10 December 2015 and were signed on its behalf
by:

Mrs C A Rigby - 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 and machinery etc

-

10% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Grants

Grants are accounted for on a receipts basis.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

84,457

DEPRECIATION

At 1 April 2014

and 31 March 2015

84,453

NET BOOK VALUE

At 31 March 2015

4

At 31 March 2014

4

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

100

Ordinary

1

100

Llyn Aquaculture Limited - Limited company - abbreviated - 11.6

Llyn Aquaculture Limited - Limited company - abbreviated - 11.6