CARR_HOUSE_FARM_LIMITED - Accounts

CARR HOUSE FARM LIMITED - Company Information

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Company Registration No. 05199280 (England and Wales)

CARR HOUSE FARM LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

CARR HOUSE FARM LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

CARR HOUSE FARM LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

2,110,535

1,932,463

Current assets

Stocks

124,190

130,425

Debtors

46,711

58,280

Cash at bank and in hand

344

112,438

171,245

301,143

Creditors: amounts falling due within one year

(259,300)

(191,520)

Net current liabilities/(assets)

(88,055)

109,623

Total assets less current liabilities

2,022,480

2,042,086

Creditors: amounts falling due after more than one year

(336,000)

(360,000)

Provisions for liabilities

(9,028)

(2,597)

1,677,452

1,679,489

Capital and reserves

Called up share capital

100

Share premium account

1,672,076

Profit and loss account

5,276

7,313

Shareholders' funds

1,677,452

1,679,489

CARR HOUSE FARM LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 MARCH 2016

- 2 -

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 20 October 2016

Mr T J Sellers

Director

Company Registration No. 05199280

CARR HOUSE FARM LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Accounting policies

1.1

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).

1.2

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).

1.3

Turnover

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

1.4

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:

Land/buildings/imp

Not provided

Plant and machinery

10% on cost

Computer equipment

25% on cost

Motor vehicles

25% on cost

Fixed assets

Tangible assets

Cost

At 1 April 2015

2,053,981

Additions

192,817

Disposals

(2,625)

At 31 March 2016

2,244,173

Depreciation

At 1 April 2015

121,518

On disposals

(2,625)

Charge for the year

14,745

At 31 March 2016

133,638

Net book value

At 31 March 2016

2,110,535

At 31 March 2015

1,932,463

CARR HOUSE FARM LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 4 -

Share capital

2016

2015

Allotted, called up and fully paid

50 Ordinary A shares of £1 each

50 Ordinary B shares of £1 each

100