Ashmead Fishery Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07622534 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Ashmead Fishery Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr M V Walsingham

Mrs S A Walsingham

REGISTERED OFFICE:

107 North Street

Martock

Somerset

TA12 6EJ

REGISTERED NUMBER:

07622534 (England and Wales)

ACCOUNTANTS:

Read & Co.

107 North Street

Martock

Somerset

TA12 6EJ

FIXED ASSETS

Intangible assets

2

8,000

12,000

Tangible assets

3

14,139

17,105

22,139

29,105

CURRENT ASSETS

Cash at bank and in hand

10,736

4,552

CREDITORS

Amounts falling due within one year

28,308

32,485

NET CURRENT LIABILITIES

(17,572

)

(27,933

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,567

1,172

PROVISIONS FOR LIABILITIES

178

-

NET ASSETS

4,389

1,172

CAPITAL AND RESERVES

Called up share capital

4

200

200

Profit and loss account

4,189

972

SHAREHOLDERS' FUNDS

4,389

1,172

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 30 December 2015 and were signed on its behalf by:

Mr M V Walsingham - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

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

-

20% on reducing balance

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

20,000

AMORTISATION

At 1 April 2014

8,000

Amortisation for year

4,000

At 31 March 2015

12,000

NET BOOK VALUE

At 31 March 2015

8,000

At 31 March 2014

12,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

21,256

Additions

570

At 31 March 2015

21,826

DEPRECIATION

At 1 April 2014

4,151

Charge for year

3,536

At 31 March 2015

7,687

NET BOOK VALUE

At 31 March 2015

14,139

At 31 March 2014

17,105

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1.00

200

200

5.	ULTIMATE CONTROLLING PARTY