Winnall Down Farm Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03237372 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

WINNALL DOWN FARM LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R H Cowen

Miss E Cowen

Miss V Cowen

Miss C A Cowen

Mrs L Cowen

SECRETARY:

Martin and Company (Company Secretaries) Limited

REGISTERED OFFICE:

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

REGISTERED NUMBER:

03237372 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

2

4,443,108

4,446,176

CURRENT ASSETS

Debtors

785

1,707

Cash at bank

50,000

-

50,785

1,707

CREDITORS

Amounts falling due within one year

1,934,758

2,107,194

NET CURRENT LIABILITIES

(1,883,973

)

(2,105,487

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,559,135

2,340,689

PROVISIONS FOR LIABILITIES

68,561

71,698

NET ASSETS

2,490,574

2,268,991

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

2,490,572

2,268,989

SHAREHOLDERS' FUNDS

2,490,574

2,268,991

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 8 September 2016 and were signed on its behalf
by:

R H Cowen - 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 services, 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.

Freehold property

-

nil

Plant and machinery

-

20% on reducing balance

Solar PV Panels

-

4% on cost

Motor vehicles

-

25% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

4,473,280

Additions

10,762

At 31 March 2016

4,484,042

DEPRECIATION

At 1 April 2015

27,104

Charge for year

13,830

At 31 March 2016

40,934

NET BOOK VALUE

At 31 March 2016

4,443,108

At 31 March 2015

4,446,176

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

2

Ordinary

£1

2