AGROOIL TRADING LIMITED - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC269417 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

AGROOIL TRADING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R MODELY RUNGEN

N Tkebuchava

SECRETARY:

REGISTERED OFFICE:

71 BRUNSWICK STREET

EDINBURGH

EH7 5HS

REGISTERED NUMBER:

SC269417 (Scotland)

CURRENT ASSETS

Debtors

2

26,638,604

46,043,616

Cash at bank

93,207

6,172

26,731,811

46,049,788

CREDITORS

Amounts falling due within one year

3,238

8,105

NET CURRENT ASSETS

26,728,573

46,041,683

TOTAL ASSETS LESS CURRENT LIABILITIES

26,728,573

46,041,683

CREDITORS

Amounts falling due after more than one year

26,543,709

45,878,697

NET ASSETS

184,864

162,986

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

184,862

162,984

SHAREHOLDERS' FUNDS

184,864

162,986

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 6 March 2016 and were signed on its behalf by:

R MODELY RUNGEN - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Foreign currencies

Assets and liabilities in foreign currencies are translated into dollars at the rates of exchange ruling at the balance

sheet date. Transactions in foreign currencies are translated into dollars at the rate of exchange ruling at the date

of transaction. Exchange differences are taken into account in arriving at the operating result.

2.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is $ 26,636,916 (30.6.14 - $ 46,043,616 )

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

$

$

1

Ordinary

£1

2

2