Abbreviated Company Accounts - C.M.W. HORTICULTURE LIMITED

C.M.W. HORTICULTURE LIMITED - Company Information

Registered Number 02398571

C.M.W. HORTICULTURE LIMITED

Abbreviated Accounts

31 December 2015

C.M.W. HORTICULTURE LIMITED Registered Number 02398571

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	193,939	178,097
		193,939	178,097
Current assets
Stocks		96,919	86,354
Debtors		380,709	366,804
Cash at bank and in hand		350,941	387,954
		828,569	841,112
Creditors: amounts falling due within one year		(608,386)	(601,031)
Net current assets (liabilities)		220,183	240,081
Total assets less current liabilities		414,122	418,178
Creditors: amounts falling due after more than one year		(120,000)	(156,000)
Total net assets (liabilities)		294,122	262,178
Capital and reserves
Called up share capital		20,969	20,969
Other reserves		19,978	19,978
Profit and loss account		253,175	221,231
Shareholders' funds		294,122	262,178

For the year ending 31 December 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 6 July 2016

And signed on their behalf by:
Mr G D Ward, Director

C.M.W. HORTICULTURE LIMITED Registered Number 02398571

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets and depreciation
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is
provided at rates calculated to write off the cost less estimated residual value of each asset over its
expected useful life, as follows:
Freehold property 4% on cost
Plant and machinery 20% on cost
Motor vehicles 25% on cost

Other accounting policies
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of
exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate
ruling at the date of the transaction. All differences are taken to profit and loss account.

Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).

2Tangible fixed assets

	£
Cost
At 1 January 2015	323,529
Additions	45,808
Disposals	(28,053)
Revaluations	-
Transfers	-
At 31 December 2015	341,284
Depreciation
At 1 January 2015	145,432
Charge for the year	25,404
On disposals	(23,491)
At 31 December 2015	147,345
Net book values
At 31 December 2015	193,939
At 31 December 2014	178,097