Abbreviated Company Accounts - NABOTH'S VINEYARD LIMITED

NABOTH'S VINEYARD LIMITED - Company Information

Registered Number 04206670

NABOTH'S VINEYARD LIMITED

Abbreviated Accounts

25 October 2015

NABOTH'S VINEYARD LIMITED Registered Number 04206670

Abbreviated Balance Sheet as at 25 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	4,228,029	4,217,630
		4,228,029	4,217,630
Current assets
Stocks		9,745	22,504
Debtors		42,265	49,726
Cash at bank and in hand		372,390	395,116
		424,400	467,346
Creditors: amounts falling due within one year		(6,200)	(6,581)
Net current assets (liabilities)		418,200	460,765
Total assets less current liabilities		4,646,229	4,678,395
Creditors: amounts falling due after more than one year		(322,946)	(332,757)
Provisions for liabilities		(7,799)	(5,719)
Total net assets (liabilities)		4,315,484	4,339,919
Capital and reserves
Called up share capital		1,000	1,000
Share premium account		2,998,385	2,998,385
Profit and loss account		1,316,099	1,340,534
Shareholders' funds		4,315,484	4,339,919

For the year ending 25 October 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 21 July 2016

And signed on their behalf by:
Mrs J M Scott, Director

NABOTH'S VINEYARD LIMITED Registered Number 04206670

Notes to the Abbreviated Accounts for the period ended 25 October 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 income receivable for goods and services provided in the period, exclusive of value Added tax and trade discounts

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off their cost or valuation over their useful economic lives as follows;
Motor vehicles 25% per annum on a reducing balance
Office equipment 33% straight line
Fixtures, fittings, plant & machinery 15% straight line

Other accounting policies
Stocks and cultivations have been valued at the lower of cost and net realisable value. In respect of cultivations, cost includes a relevant proportion of overheads according to the state of cultivation

2Tangible fixed assets

	£
Cost
At 26 October 2014	4,297,512
Additions	18,350
Disposals	-
Revaluations	-
Transfers	-
At 25 October 2015	4,315,862
Depreciation
At 26 October 2014	79,882
Charge for the year	7,951
On disposals	-
At 25 October 2015	87,833
Net book values
At 25 October 2015	4,228,029
At 25 October 2014	4,217,630