Greenfield Hog Roast Ltd - Period Ending 2016-03-31

Registration number: 4606528

Greenfield Hog Roast Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

Hugh Davies & Co
35 Chequers Court
Brown Street
Salisbury
Wiltshire
SP1 2AS

Greenfield Hog Roast Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Greenfield Hog Roast Ltd
(Registration number: 4606528)
Abbreviated Balance Sheet at 31 March 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets		2			23			31
Current assets
Debtors					665			1,557
Cash at bank and in hand					8,336			4,224
					9,001			5,781
Creditors: Amounts falling due within one year					(8,085)			(5,685)
Net current assets					916			96
Net assets					939			127
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					839			27
Shareholders' funds					939			127

For the year ending 31 March 2016 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 17 June 2016 and signed on its behalf by:

.........................................
D E Martindale
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Greenfield Hog Roast Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures fittings and equipment	25% reducing balance

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2015		957			957
At 31 March 2016		957			957
Depreciation
At 1 April 2015		926			926
Charge for the year		8			8
At 31 March 2016		934			934
Net book value
At 31 March 2016		23			23
At 31 March 2015		31			31

Page 2

Greenfield Hog Roast Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

4	Related party transactions

Directors' advances and credits

	2016 Advance/ Credit £	2016 Repaid £	2015 Advance/ Credit £	2015 Repaid £
M J Martindale
Net movement in the year	-	1,557	-	1,553

Page 3