Power Farmers And Gardeners Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 00449741 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

POWER FARMERS AND GARDENERS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTORS:

P S Pilkington

R G Pilkington

C B Mitchell

SECRETARY:

C B Mitchell

REGISTERED OFFICE:

New Zealand House 9th Floor

80 Haymarket

London

SW1Y 4TQ

REGISTERED NUMBER:

00449741 (England and Wales)

ACCOUNTANTS:

William Withers & Co

Quayside House

Highland Terrace

Barrington Street

TIVERTON

Devon

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FIXED ASSETS

Tangible assets

2

701,709

702,011

CURRENT ASSETS

Debtors

23,503

23,058

Cash at bank

3,937

5,211

27,440

28,269

CREDITORS

Amounts falling due within one year

12,986

14,427

NET CURRENT ASSETS

14,454

13,842

TOTAL ASSETS LESS CURRENT
LIABILITIES

716,163

715,853

CREDITORS

Amounts falling due after more than one
year

3

(2,000

)

(2,000

)

PROVISIONS FOR LIABILITIES

(342

)

(402

)

NET ASSETS

713,821

713,451

CAPITAL AND RESERVES

Called up share capital

4

4,500

Revaluation reserve

695,325

Profit and loss account

13,996

13,626

SHAREHOLDERS' FUNDS

713,821

713,451

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 15 July 2016 and were signed on its behalf by:

R G Pilkington - 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 January 2015).

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

715,486

DEPRECIATION

At 1 April 2015

13,475

Charge for year

302

At 31 March 2016

13,777

NET BOOK VALUE

At 31 March 2016

701,709

At 31 March 2015

702,011

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.3.16

31.3.15

£

Repayable otherwise than by instalments

2,000

Details of shares shown as liabilities are as follows:

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

4,500

7% Cum. Preference

1

2,000

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

4,500

Ordinary

1

4,500

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2016 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

William Withers & Co

Quayside House

Highland Terrace

Barrington Street

TIVERTON

Devon

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18 July 2016