Rossington Produce Co. Ltd. - Abbreviated accounts 16.1
Rossington Produce Co. Ltd. - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 5 APRIL 2016 |
| FOR |
| ROSSINGTON PRODUCE CO. LTD. |
| ROSSINGTON PRODUCE CO. LTD. (REGISTERED NUMBER: 00438076) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 5 APRIL 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| ROSSINGTON PRODUCE CO. LTD. |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 5 APRIL 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| BANKERS: |
| ROSSINGTON PRODUCE CO. LTD. (REGISTERED NUMBER: 00438076) |
| ABBREVIATED BALANCE SHEET |
| 5 APRIL 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investment property | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on |
| ROSSINGTON PRODUCE CO. LTD. (REGISTERED NUMBER: 00438076) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 5 APRIL 2016 |
| 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 January 2015). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Freehold property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Freehold property has not been depreciated, as required by FRS15, as in the opinion of the directors any |
| charge would be negligible having regard to the residual values. |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes |
| in market value is transferred to a revaluation reserve. |
| 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
| period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's |
| pension scheme are charged to the profit and loss account in the period to which they relate. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 6 April 2015 |
| Additions |
| At 5 April 2016 |
| DEPRECIATION |
| At 6 April 2015 |
| Charge for year |
| At 5 April 2016 |
| NET BOOK VALUE |
| At 5 April 2016 |
| At 5 April 2015 |
| ROSSINGTON PRODUCE CO. LTD. (REGISTERED NUMBER: 00438076) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 5 APRIL 2016 |
| 3. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST |
| At 6 April 2015 |
| and 5 April 2016 |
| NET BOOK VALUE |
| At 5 April 2016 |
| At 5 April 2015 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary shares | £1 |
| 5. | ULTIMATE PARENT COMPANY |
| The ultimate parent company is Grove Farms Limited. |