J.c. Thompson (Stoneland Farm) Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 00822023 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2015

FOR

J.C. THOMPSON (STONELAND FARM) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M J Thompson

SECRETARY:

REGISTERED OFFICE:

Quayside House Highland Terrace

Barrington Street

Tiverton

Devon

EX16 6PT

REGISTERED NUMBER:

00822023 (England and Wales)

ACCOUNTANTS:

William Withers & Co

Quayside House

Highland Terrace

Barrington Street

TIVERTON

Devon

EX16 6PT

FIXED ASSETS

Tangible assets

2

95,742

96,821

CURRENT ASSETS

Stocks

-

1,040

Debtors

3

(1,445

)

16,737

Cash at bank

35,927

6,744

34,482

24,521

CREDITORS

Amounts falling due within one year

10,889

5,410

NET CURRENT ASSETS

23,593

19,111

TOTAL ASSETS LESS CURRENT LIABILITIES

119,335

115,932

CAPITAL AND RESERVES

Called up share capital

4

15,500

15,500

Profit and loss account

103,835

100,432

SHAREHOLDERS' FUNDS

119,335

115,932

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 22 March 2016 and were signed by:

M J Thompson - 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

-

not provided

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 August 2014

264,129

Additions

2,035

At 31 July 2015

266,164

DEPRECIATION

At 1 August 2014

167,308

Charge for year

3,114

At 31 July 2015

170,422

NET BOOK VALUE

At 31 July 2015

95,742

At 31 July 2014

96,821

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 13,534 (31.7.14 - £ 13,534 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.15

31.7.14

value:

£

£

15,500

Ordinary

1

15,500

15,500