Monks Green Farm Limited - Limited company - abbreviated

REGISTERED NUMBER: 00696072 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2015

FOR

MONKS GREEN FARM LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

W Ashley

SECRETARY:

W Ashley

REGISTERED OFFICE:

1a The Maltings

Railway Place

Hertford

Hertfordshire

SG13 7JT

REGISTERED NUMBER:

00696072 (England and Wales)

ACCOUNTANTS:

Wilson Devenish

1a The Maltings

Railway Place

Hertford

Hertfordshire

SG13 7JT

FIXED ASSETS

Investments

2

70

Investment property

3

4,200,000

4,200,070

CURRENT ASSETS

Debtors

7,024

7,538

Cash at bank

20,474

10,089

27,498

17,627

CREDITORS

Amounts falling due within one year

642,683

700,765

NET CURRENT LIABILITIES

(615,185

)

(683,138

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,584,885

3,516,932

CREDITORS

Amounts falling due after more than one
year

685,000

NET ASSETS

2,899,885

2,831,932

CAPITAL AND RESERVES

Called up share capital

4

1,000

Revaluation reserve

2,496,706

Profit and loss account

402,179

334,226

SHAREHOLDERS' FUNDS

2,899,885

2,831,932

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 22 December 2015 and were signed by:

W Ashley - 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).

Tangible fixed assets

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

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.

Deferred tax

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

sheet date.

2.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2015

2014

£

Baydon Farmers (Hertford) Ltd.

70

£1 fully paid Ordinary Share in Baydon Farmers (Hertford) Limited plus £69 Members returnable deposit.

3.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 July 2014

and 30 June 2015

4,200,000

NET BOOK VALUE

At 30 June 2015

4,200,000

At 30 June 2014

4,200,000

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1,000

Ordinary

£1

1,000

Monks Green Farm Limited - Limited company - abbreviated - 11.9

Monks Green Farm Limited - Limited company - abbreviated - 11.9