Shenley Farms (Aviation) Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 01000275 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2013

for

Shenley Farms (Aviation) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J P A Freeman

J Freeman

SECRETARY:

Mrs S Line

REGISTERED OFFICE:

The Aerodrome

Headcorn

Kent

TN27 9HX

REGISTERED NUMBER:

01000275 (England and Wales)

ACCOUNTANTS:

Porritt Rainey

9 Pembroke Road

Sevenoaks

Kent

TN13 1XR

FIXED ASSETS

Tangible assets

2

4,113

5,027

CURRENT ASSETS

Debtors

41,230

46,718

Cash at bank

8,996

-

50,226

46,718

CREDITORS

Amounts falling due within one year

(9,649

)

(17,405

)

NET CURRENT ASSETS

40,577

29,313

TOTAL ASSETS LESS CURRENT LIABILITIES

44,690

34,340

PROVISIONS FOR LIABILITIES

(823

)

(1,005

)

NET ASSETS

43,867

33,335

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

43,865

33,333

SHAREHOLDERS' FUNDS

43,867

33,335

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 2 September 2014 and were signed on its behalf by:

J P A Freeman - 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 services, 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

-

25% on cost, 20% on reducing balance, 15% on reducing balance, 10% on reducing balance and 10% on cost

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

92,031

Disposals

(1,070

)

At 31 December 2013

90,961

DEPRECIATION

At 1 January 2013

87,004

Charge for year

913

Eliminated on disposal

(1,069

)

At 31 December 2013

86,848

NET BOOK VALUE

At 31 December 2013

4,113

At 31 December 2012

5,027

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

2

Ordinary

1

2

2