Rowley Farm Dairies Ltd - Limited company - abbreviated - 11.9

ROWLEY FARM DAIRIES LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J C Whitby

B V S Bains

SECRETARY:

REGISTERED OFFICE:

Unit 2

Windsor Works

Albion Close

Slough

SL2 5DT

REGISTERED NUMBER:

07635311 (England and Wales)

ACCOUNTANTS:

Barretts

Chartered Accountants &

Chartered Tax Advisers

22 Union Street

Newton Abbot

Devon

TQ12 2JS

FIXED ASSETS

Intangible assets

2

1,290

940

Tangible assets

3

232,646

36,600

233,936

37,540

CURRENT ASSETS

Debtors

22,039

5,394

Cash at bank and in hand

23,570

98,084

45,609

103,478

CREDITORS

Amounts falling due within one year

272,007

18,078

NET CURRENT (LIABILITIES)/ASSETS

(226,398

)

85,400

TOTAL ASSETS LESS CURRENT LIABILITIES

7,538

122,940

CREDITORS

Amounts falling due after more than one year

4

123,684

140,789

NET LIABILITIES

(116,146

)

(17,849

)

CAPITAL AND RESERVES

Called up share capital

5

2

2

Profit and loss account

(116,148

)

(17,851

)

SHAREHOLDERS' FUNDS

(116,146

)

(17,849

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 22 February 2016 and were signed on its behalf by:

J C Whitby - 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).

Tangible fixed assets

The company has not commenced trading and no depreciation has been provided.

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 June 2014

940

Additions

350

At 31 May 2015

1,290

NET BOOK VALUE

At 31 May 2015

1,290

At 31 May 2014

940

The company has not commenced trading. No amortisation has been provided.

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

36,600

Additions

300,705

Grants

(104,659

)

At 31 May 2015

232,646

NET BOOK VALUE

At 31 May 2015

232,646

At 31 May 2014

36,600

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

2015

2014

£

£

Repayable by instalments

60,526

75,000

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

1

2

2

6.	GOING CONCERN

The company is dependant upon the support of HSBC Bank Plc. At the date of this report such support

continues.