Vellacott Farms Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05041340 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2016

FOR

VELLACOTT FARMS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D J Vellacott

Mrs P J Vellacott

SECRETARY:

Mrs P J Vellacott

REGISTERED OFFICE:

Mitchells Chartered Accounts

St. John's House

Castle Street

Taunton

Somerset

TA1 4AY

REGISTERED NUMBER:

05041340 (England and Wales)

ACCOUNTANTS:

Mitchells Chartered Accountants

St. John's House,

Castle Street,

Taunton

Somerset

TA1 4AY

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

20,065

33,354

20,065

33,354

CURRENT ASSETS

Cash in hand

200

CREDITORS

Amounts falling due within one year

52,946

56,092

NET CURRENT LIABILITIES

(52,746

)

(55,892

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(32,681

)

(22,538

)

CAPITAL AND RESERVES

Called up share capital

4

200

Profit and loss account

(32,881

)

(22,738

)

SHAREHOLDERS' FUNDS

(32,681

)

(22,538

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 15 December 2016 and were signed on its behalf
by:

D J Vellacott - 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).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% on cost and 15% on cost

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 6 April 2015

and 5 April 2016

11,370

AMORTISATION

At 6 April 2015

and 5 April 2016

11,370

NET BOOK VALUE

At 5 April 2016

-

At 5 April 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 6 April 2015

100,873

Disposals

(22,950

)

At 5 April 2016

77,923

DEPRECIATION

At 6 April 2015

67,519

Charge for year

10,421

Eliminated on disposal

(20,082

)

At 5 April 2016

57,858

NET BOOK VALUE

At 5 April 2016

20,065

At 5 April 2015

33,354

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

5.4.16

5.4.15

value:

£

100

Ordinary

£1

100

Ordinary "A" to "B"

£1

100

200