Abbreviated Company Accounts - REDHILL FARMS LIMITED

REDHILL FARMS LIMITED - Company Information

05127176 REDHILL FARMS LIMITED 2015-09-30 false 2014-10-01 2015-09-30 true 05127176 2014-10-01 2015-09-30 05127176 2015-09-30 05127176 2014-09-30 05127176 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 05127176 uk-gaap-cd-bus:Director2 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP shares

Registered Number 05127176

REDHILL FARMS LIMITED

Abbreviated Accounts

30 September 2015

REDHILL FARMS LIMITED Registered Number 05127176

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	401,358	387,870
		401,358	387,870
Current assets
Stocks		50,891	69,361
Debtors		22,684	24,254
Cash at bank and in hand		52,558	46,786
		126,133	140,401
Creditors: amounts falling due within one year		(84,777)	(79,768)
Net current assets (liabilities)		41,356	60,633
Total assets less current liabilities		442,714	448,503
Creditors: amounts falling due after more than one year		(350,833)	(352,952)
Provisions for liabilities		(10,456)	0
Total net assets (liabilities)		81,425	95,551
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		81,325	95,451
Shareholders' funds		81,425	95,551

For the year ending 30 September 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 June 2016

And signed on their behalf by:
Mrs J Shemilt, Director

REDHILL FARMS LIMITED Registered Number 05127176

Notes to the Abbreviated Accounts for the period ended 30 September 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Freehold land and buildings - no depreciation charged
Plant and machinery - 25% on a reducing balance basis
Fixtures, fittings & equipment - 33% on a straight line basis
Motor vehicles - 25% on a straight line basis

Other accounting policies
Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its parent undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 400 of the Companies Act 2006 not to prepare group accounts.

2Tangible fixed assets

	£
Cost
At 1 October 2014	473,960
Additions	43,930
Disposals	(12,500)
Revaluations	-
Transfers	-
At 30 September 2015	505,390
Depreciation
At 1 October 2014	86,090
Charge for the year	30,442
On disposals	(12,500)
At 30 September 2015	104,032
Net book values
At 30 September 2015	401,358
At 30 September 2014	387,870

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100