Accounts filed on 30-06-2015

Accounts filed on 30-06-2015

SHERWOOD PRODUCE LIMITED - Company Information

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2014-01-012015-06-3004523022falsetruehttp://www.companieshouse.gov.uk/cd:Director12014-01-012015-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-01-012015-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2014-01-012015-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12013-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2014-01-012015-06-30http://www.companieshouse.gov.uk/2013-07-012013-12-31http://www.companieshouse.gov.uk/2014-01-012015-06-30http://www.companieshouse.gov.uk/2013-12-31http://www.companieshouse.gov.uk/2015-06-30http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2014-01-012015-06-30http://www.companieshouse.gov.uk/2013-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 04523022
Sherwood Produce Limited
ABBREVIATED ACCOUNTS
FOR THE 546 DAY PERIOD ENDED 30 JUNE 2015
Prepared By:
Harrison Seymour LLP
ACCA
Cygnet House
Exchange Road
Lincoln
LN6 3JZ

Sherwood Produce Limited
ABBREVIATED ACCOUNTS
FOR THE 546 DAY PERIOD ENDED 30 June 2015
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 04523022

Sherwood Produce Limited
Registered Number: 04523022
BALANCE SHEET AT 30 JUNE 2015
20152013
Notes££
FIXED ASSETS
CURRENT ASSETS
Stock-354,332
Debtors (amounts falling due within one year)3623,4261,580,682
Cash at bank and in hand113,396125,710
736,8222,060,724
CREDITORS: Amounts falling due within one year1,5971,721,618
NET CURRENT ASSETS735,225339,106
TOTAL ASSETS LESS CURRENT LIABILITIES735,225339,106
CAPITAL AND RESERVES
Called up share capital4160160
Profit and loss account735,065338,946
SHAREHOLDERS' FUNDS735,225339,106
For the year ending 30 June 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on 29 March 2016 and signed on their behalf by
T C Bradshaw
Director

Sherwood Produce Limited
NOTES TO THE ACCOUNTS
FOR THE 546 DAY PERIOD ENDED 30 JUNE 2015
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The fianancial statements have been prepared under the histrocial cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).
1c. Going Concern
These financial statements have not been prepared on the going concern basis.
1d. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 20%
Equipmentstraight line 33.33%
1e. Stocks
Stocks represent fixed assets of the company that have been reclassified as assets for resale within current assets.
1f. Government Grants
Government grants are recognised in profit and loss in the year in which they are received.

Sherwood Produce Limited
2. TANGIBLE FIXED ASSETS
Cost
At 30 June 2015
Depreciation
At 30 June 2015
Net Book Amounts
At 30 June 2015
3. DEBTORS 20152013
££
Amounts falling due within one year:
Trade debtors-1,579,371
Other debtors623,4261,311
623,4261,580,682
4. SHARE CAPITAL 20152013
££
Allotted, issued and fully paid:
160 Ordinary shares of £1 each160160
160160
5. CONTROLLING PARTY
No one entity has overall control over the company.