Alveberdon Farming Limited - Period Ending 2015-03-31

 
 
 
 
 
 
 
  Alveberdon Farming Limited
 
  Unaudited Abbreviated Accounts
  Year Ended 31 March 2015
 
  Company Registration Number: 03441758

Alveberdon Farming Limited
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3 to 4

Alveberdon Farming Limited
Abbreviated Balance Sheet
31 March 2015

		Note			2015 £			2014 £
Fixed assets
Investments		2			1,949,715			1,949,715
Current assets
Debtors					19,640			38,993
Creditors: Amounts falling due within one year					(541,939)			(585,292)
Net current liabilities					(522,299)			(546,299)
Net assets					1,427,416			1,403,416
Capital and reserves
Called up share capital		3			800,000			800,000
Profit and loss account					627,416			603,416
Shareholders' funds					1,427,416			1,403,416

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 1

Alveberdon Farming Limited
Abbreviated Balance Sheet
31 March 2015 ......... continued

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 22 December 2015 and signed on its behalf by:

Mr A P Dineley
Director

Company Registration Number: 03441758

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Alveberdon Farming Limited
Notes to the Abbreviated Accounts
Year Ended 31 March 2015 ......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Exemption from preparing group accounts

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

2	Fixed assets

		Investments £			Total £
Cost
At 1 April 2014		1,949,715			1,949,715
At 31 March 2015		1,949,715			1,949,715
Depreciation
At 31 March 2015		-			-
Net book value
At 31 March 2015		1,949,715			1,949,715
At 31 March 2014		1,949,715			1,949,715

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Country of incorporation	Holding	Proportion of voting rights and shares held	Principal activity
Subsidiary undertakings
Dineley Farming Company Limited	England & Wales	Ordinary share capital	60.00%	Farming

The profit for the financial period of Dineley Farming Company Limited was £32,874 and the aggregate amount of capital and reserves at the end of the period was £2,596,231.

Page 3

Alveberdon Farming Limited
Notes to the Abbreviated Accounts
Year Ended 31 March 2015 ......... continued

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		800,000			800,000			800,000			800,000

Page 4