Abbreviated Company Accounts - CHARNOCK FARM GARDEN CENTRE LTD.

Abbreviated Company Accounts - CHARNOCK FARM GARDEN CENTRE LTD.

CHARNOCK FARM GARDEN CENTRE LTD. - Company Information

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Registered Number 05379927

CHARNOCK FARM GARDEN CENTRE LTD.

Abbreviated Accounts

31 March 2016

CHARNOCK FARM GARDEN CENTRE LTD. Registered Number 05379927

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 76,500 93,500
Tangible assets 3 1,778,838 1,622,270
1,855,338 1,715,770
Current assets
Stocks 43,126 35,000
Debtors 40,118 105,314
Cash at bank and in hand 81,768 10,703
165,012 151,017
Creditors: amounts falling due within one year (1,833,205) (1,748,434)
Net current assets (liabilities) (1,668,193) (1,597,417)
Total assets less current liabilities 187,145 118,353
Total net assets (liabilities) 187,145 118,353
Capital and reserves
Called up share capital 1 1
Profit and loss account 187,144 118,352
Shareholders' funds 187,145 118,353
  • For the year ending 31 March 2016 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 22 November 2016

And signed on their behalf by:
DAVID DUXBURY, Director

CHARNOCK FARM GARDEN CENTRE LTD. Registered Number 05379927

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 THE TOTAL INVOICE VALUE EXCLUDING VALUE ADDED TAX OF SALES MADE DURING THE YEAR

Tangible assets depreciation policy
LEASEHOLD PROPERTIES - STRAIGHT LINE OVER THE LIFE OF THE LEASE
PLANR AND MACHINERY - 15% REDUCING BALANCE

2Intangible fixed assets
£
Cost
At 1 April 2015 170,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 170,000
Amortisation
At 1 April 2015 76,500
Charge for the year 17,000
On disposals -
At 31 March 2016 93,500
Net book values
At 31 March 2016 76,500
At 31 March 2015 93,500
3Tangible fixed assets
£
Cost
At 1 April 2015 1,641,213
Additions 165,825
Disposals -
Revaluations -
Transfers -
At 31 March 2016 1,807,038
Depreciation
At 1 April 2015 18,943
Charge for the year 9,257
On disposals -
At 31 March 2016 28,200
Net book values
At 31 March 2016 1,778,838
At 31 March 2015 1,622,270