| Leigh Court Farm Ltd |
| Registered number: |
04404792 |
| Abbreviated Balance Sheet |
| as at 31 March 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
2,094 |
|
|
10,328 |
|
| Current assets |
| Stocks |
|
|
3,448 |
|
|
7,101 |
| Debtors |
|
|
3,188 |
|
|
3,695 |
| Cash at bank and in hand |
|
|
3,882 |
|
|
12,965 |
|
|
|
10,518 |
|
|
23,761 |
|
| Creditors: amounts falling due within one year |
|
|
(33,145) |
|
|
(32,458) |
|
| Net current liabilities |
|
|
|
(22,627) |
|
|
(8,697) |
|
| Total assets less current liabilities |
|
|
|
(20,533) |
|
|
1,631 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(20,000) |
|
|
(20,000) |
|
|
|
| Net liabilities |
|
|
|
(40,533) |
|
|
(18,369) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
(40,534) |
|
|
(18,370) |
|
| Shareholder's funds |
|
|
|
(40,533) |
|
|
(18,369) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| C Loughlin |
| Director |
| Approved by the board on 16 December 2015 |
|
| Leigh Court Farm Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
The accounts have been prepared on the going concern basis, which assumes the continued support of company's directors. In the opinion of the directors this support will not be withdrawn in the foreseeable future. |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Agricultural works and buildings |
25% straight line |
|
Agricultural equipment and vehicles |
25% straight line |
|
Office equipment |
25% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2014 |
74,031 |
|
Additions |
259 |
|
At 31 March 2015 |
74,290 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2014 |
63,703 |
|
Charge for the year |
8,493 |
|
At 31 March 2015 |
72,196 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2015 |
2,094 |
|
At 31 March 2014 |
10,328 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|
