Agroceutical Products Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07940928 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

AGROCEUTICAL PRODUCTS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

K Stephens

Sir R S Jones

J D Beatson-hird

SECRETARY:

S C Head

REGISTERED OFFICE:

Tke Old Stables Fedwlydan

Glasbury on Wye

Herefordshire

HR3 5ND

REGISTERED NUMBER:

07940928 (England and Wales)

ACCOUNTANTS:

The Dewan Partnership

Chartered Certified Accountants

8 Wheat Street

Brecon

Powys

LD3 7DG

FIXED ASSETS

Tangible assets

2

32,680

34,401

CURRENT ASSETS

Stocks

1,525

1,525

Debtors

30,134

3,468

Cash at bank

9,279

3,055

40,938

8,048

CREDITORS

Amounts falling due within one year

48,535

134,892

NET CURRENT LIABILITIES

(7,597

)

(126,844

)

TOTAL ASSETS LESS CURRENT LIABILITIES

25,083

(92,443

)

CAPITAL AND RESERVES

Called up share capital

3

115,010

10

Profit and loss account

(89,927

)

(92,453

)

SHAREHOLDERS' FUNDS

25,083

(92,443

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 27 February 2014 and were signed on its behalf by:

K Stephens - 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.

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

-

5% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

36,212

DEPRECIATION

At 1 January 2013

1,811

Charge for year

1,721

At 31 December 2013

3,532

NET BOOK VALUE

At 31 December 2013

32,680

At 31 December 2012

34,401

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

10

Ordinary

1

115,010

10