| CHESHIRE FARMART LIMITED |
| Registered number: |
03079029 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
- |
|
|
3,014 |
| Tangible assets |
3 |
|
|
19,887 |
|
|
21,994 |
|
|
|
|
19,887 |
|
|
25,008 |
|
| Current assets |
| Debtors |
|
|
27,386 |
|
|
83,403 |
| Investments held as current assets |
|
|
55,801 |
|
|
37,708 |
| Cash at bank and in hand |
|
|
99,273 |
|
|
80,448 |
|
|
|
182,460 |
|
|
201,559 |
|
| Creditors: amounts falling due within one year |
|
|
(63,596) |
|
|
(70,120) |
|
| Net current assets |
|
|
|
118,864 |
|
|
131,439 |
|
| Net assets |
|
|
|
138,751 |
|
|
156,447 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
130,000 |
|
|
130,000 |
| Profit and loss account |
|
|
|
8,751 |
|
|
26,447 |
|
| Shareholders' funds |
|
|
|
138,751 |
|
|
156,447 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| D F Roper |
| Director |
| Approved by the board on 20 July 2016 |
|
| CHESHIRE FARMART LIMITED |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Office furniture & equipment |
25% per annum reducing balance |
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
120,482 |
|
At 31 March 2016 |
120,482 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2015 |
117,468 |
|
Provided during the year |
3,014 |
|
At 31 March 2016 |
120,482 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
- |
|
At 31 March 2015 |
3,014 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
119,618 |
|
Additions |
2,824 |
|
At 31 March 2016 |
122,442 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
97,624 |
|
Charge for the year |
4,931 |
|
At 31 March 2016 |
102,555 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
19,887 |
|
At 31 March 2015 |
21,994 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
130,000 |
|
130,000 |
|
130,000 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Loans to (from) directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
D F Roper |
|
Included in creditors: amounts falling due within one year |
(703) |
|
- |
|
(134) |
|
(837) |
|
|
|
(703) |
|
- |
|
(134) |
|
(837) |
|
|
|
|
|
|
|
|
|
