Cummings Hall Farm Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 00576133 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 APRIL 2015 TO 31 DECEMBER 2015

FOR

CUMMINGS HALL FARM LIMITED

Page

Company Information

1

Chartered Certified Accountant's Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTOR:

J D Cater

REGISTERED OFFICE:

49 High Street

Burnham on Crouch

Essex

CM0 8AG

REGISTERED NUMBER:

00576133 (England and Wales)

ACCOUNTANT:

Lescott Courts Limited

Chartered Certified Accountants

49 High Street

Burnham on Crouch

Essex

CM0 8AG

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial

statements of Cummings Hall Farm Limited for the period ended 31 December 2015 which comprise the Profit and Loss

Account, the Balance Sheet, and the related notes from the company's accounting records and from information and

explanations you have given me.

As a practising member of the Association of Chartered Certified Accountants, I am subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Cummings Hall Farm Limited in accordance with my terms of engagement. My work has been undertaken solely to prepare for your approval the financial statements of Cummings Hall Farm Limited and state those matters that I have agreed to state to the director of Cummings Hall Farm Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and its director for my work or for this report.

It is your duty to ensure that Cummings Hall Farm Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Cummings Hall Farm Limited. You consider that Cummings Hall Farm Limited is exempt from the statutory audit requirement for the period.

I have not been instructed to carry out an audit or a review of the financial statements of Cummings Hall Farm Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

Lescott Courts Limited

Chartered Certified Accountants

49 High Street

Burnham on Crouch

Essex

CM0 8AG

28 September 2016

FIXED ASSETS

Tangible assets

2

221,888

222,339

CURRENT ASSETS

Stocks

5,522

7,266

Debtors

1,040

7,642

Cash at bank

24,802

23,730

31,364

38,638

CREDITORS

Amounts falling due within one year

42,168

24,444

NET CURRENT (LIABILITIES)/ASSETS

(10,804

)

14,194

TOTAL ASSETS LESS CURRENT
LIABILITIES

211,084

236,533

CREDITORS

Amounts falling due after more than one
year

27,125

NET ASSETS

183,959

209,408

CAPITAL AND RESERVES

Called up share capital

3

900

Profit and loss account

183,059

208,508

SHAREHOLDERS' FUNDS

183,959

209,408

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 28 September 2016 and were signed by:

J D Cater - 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 goods, 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

-

not provided

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Grants and subsidies

Subsidies received from the Rural Payments Agency as part of the Single Payments Scheme are in respect of

maintaining the agricultural land in a cultivateable condition. As such these monies relate to revenue costs and

are credited to the profit and loss account on receipt.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 December 2015

318,099

DEPRECIATION

At 1 April 2015

95,760

Charge for period

451

At 31 December 2015

96,211

NET BOOK VALUE

At 31 December 2015

221,888

At 31 March 2015

222,339

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

value:

£

900

Ordinary

£1

900

4.	AGRICULTURAL SUBSIDIES

Subsidies received from The Rural Payments Agency as part of the Single Payment Scheme are in respect of

maintaining the agricultural land in a cultivateable condition. As such these monies relate to revenue costs and

are credited to the Profit and Loss Account on receipt.