Test Valley Trout Limited - Limited company - abbreviated - 11.9
Test Valley Trout Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| TEST VALLEY TROUT LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED |
| 31 MARCH 2015 |
| TEST VALLEY TROUT LIMITED (REGISTERED NUMBER: 01475528) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 | to | 4 |
| TEST VALLEY TROUT LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| BANKERS: |
| TEST VALLEY TROUT LIMITED (REGISTERED NUMBER: 01475528) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2015 |
| 2015 | 2014 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| 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. |
| The financial statements were approved by the Board of Directors on by: |
| TEST VALLEY TROUT LIMITED (REGISTERED NUMBER: 01475528) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| 1. | ACCOUNTING POLICIES |
| Basis of accounting |
| The financial statements have been prepared under the historical cost convention, and in accordance with |
| applicable United Kingdom accounting standards. |
| Cash flow statement |
| The directors have taken advantage of the exemption in Financial Reporting Standard No 1 (Revised 1996) from |
| including a cash flow statement in the financial statements on the grounds that the company is small. |
| Turnover |
| Turnover is the total amount receivable by the company for goods supplied and services provided, excluding |
| VAT and trade discounts. |
| Depreciation |
| Tenants alterations | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value. |
| Deferred taxation |
| In accordance with Financial Reporting Standard 19 the charge for tax takes into account tax deferred or |
| accelerated because of timing differences between the treatment of certain items for accounting and taxation |
| purposes. Deferred tax liabilities and recoverable deferred tax assets are recognised in respect of timing |
| differences under the liability method. No provision is made for deferred tax liabilities arising in respect of timing |
| differences on the revaluation of non-monetary assets such as equity investments and properties, unless there is |
| a binding agreement to sell the assets. |
| Operating lease agreements |
| Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with |
| the lessor are charged against profits on a straight line basis over the period of the lease. |
| Pension costs |
| The pension costs charged against profits represent the amount of the contributions payable to the scheme in |
| respect of the accounting period. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2014 |
| and 31 March 2015 |
| DEPRECIATION |
| At 1 April 2014 |
| Charge for year |
| At 31 March 2015 |
| NET BOOK VALUE |
| At 31 March 2015 |
| At 31 March 2014 |
| TEST VALLEY TROUT LIMITED (REGISTERED NUMBER: 01475528) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |
| 4. | TRANSACTIONS WITH THE DIRECTORS |
| During the year loans totalling £Nil (2014: £12,000) were made and £28,000 (2014: £Nil) were repaid, leaving a |
| loan balance receivable of £10,000 (2014: £38,000) from Mr C.G. Saunders-Davies trading as Test Valley Trout. |
| Costs of £225,677 (2014: £20,228) were recharged to and purchases of £13,831 were made from Mr C.G. |
| Saunders-Davies trading as Test Valley Trout leaving a Debtors balance of £55,185 (2014: £57,676) and a |
| Creditors balance of £4,517 (2014: £Nil). Accrued income of £28,039 was receivable at the year end. The net |
| balance due from Mr C.G. Saunders-Davies trading as Test Valley Trout was £88,707 (2014: £95,676). |
| During the year loans of £22,000 (2014: £Nil) were made, leaving a loan balance payable of £22,000 (2014: |
| £Nil) to Mr C.G. Saunders-Davies trading as Island Farms. Costs of £38,923 (2014: £31,396) were recharged to |
| Mr C.G. Saunders-Davies trading as Island Farms leaving a Debtor balance of £4,181 (2014: £1,983). At the |
| year end the trading balance due to Mr C.G. Saunders-Davies trading as Island Farms was £17,819 (2014: |
| £1,983 due from Mr C.G. Saunders-Davies trading as Island Farms). |
| Personal expenditure of £552 was incurred by the company on behalf of Mr Saunders-Davies and remained due |
| to the company at the year end. |
| The above amounts are interest free and repayable on demand. |