Abbreviated Company Accounts - E.TREWIN & SONS(FARMS)LIMITED

E.TREWIN & SONS(FARMS)LIMITED - Company Information

Registered Number 00969624

E.TREWIN & SONS(FARMS)LIMITED

Abbreviated Accounts

31 December 2015

E.TREWIN & SONS(FARMS)LIMITED Registered Number 00969624

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,908,946	1,905,128
Investments	3	1	1
		1,908,947	1,905,129
Current assets
Stocks		123,750	93,150
Debtors		39,150	23,013
Cash at bank and in hand		-	17,397
		162,900	133,560
Creditors: amounts falling due within one year		(244,796)	(183,474)
Net current assets (liabilities)		(81,896)	(49,914)
Total assets less current liabilities		1,827,051	1,855,215
Creditors: amounts falling due after more than one year		(585,194)	(646,027)
Total net assets (liabilities)		1,241,857	1,209,188
Capital and reserves
Called up share capital		65	65
Revaluation reserve		237,509	237,509
Profit and loss account		1,004,283	971,614
Shareholders' funds		1,241,857	1,209,188

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 8 August 2016

And signed on their behalf by:
C E Trewin, Director

E.TREWIN & SONS(FARMS)LIMITED Registered Number 00969624

Notes to the Abbreviated Accounts for the period ended 31 December 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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or valuation net of depreciation of any provision for impairment. Depreciation is provided on all tangible fixed assets other tha investment properties and freehold land at rates calculated to write off the cost or valuation,less estimated residual value of each asset over its expected useful life
Plant & Machinery 15% o reducing balance
Motor Vehicles 20% on reducing balance

Other accounting policies
Fixed Asset Investment
Cost at 1/1/2015 and 31/12/2015 £ 1 ( 2014 £1 )

2Tangible fixed assets

	£
Cost
At 1 January 2015	2,181,209
Additions	177,038
Disposals	(161,155)
Revaluations	-
Transfers	-
At 31 December 2015	2,197,092
Depreciation
At 1 January 2015	276,081
Charge for the year	46,183
On disposals	(34,118)
At 31 December 2015	288,146
Net book values
At 31 December 2015	1,908,946
At 31 December 2014	1,905,128

3Fixed assets Investments
Fixed Asset Investment
Cost at 1/1/2015 and 31/12/2015 £ 1 ( 2014 £ 1 )