Abbreviated Company Accounts - FLEMINGTON FARMS LIMITED

FLEMINGTON FARMS LIMITED - Company Information

SC227075 FLEMINGTON FARMS LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true SC227075 2015-04-01 2016-03-31 SC227075 2016-03-31 SC227075 2015-03-31 SC227075 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 SC227075 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number SC227075

FLEMINGTON FARMS LIMITED

Abbreviated Accounts

31 March 2016

FLEMINGTON FARMS LIMITED Registered Number SC227075

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Current assets
Debtors	2	1,016,318	943,822
		1,016,318	943,822
Creditors: amounts falling due within one year		(16,191)	(7,787)
Net current assets (liabilities)		1,000,127	936,035
Total assets less current liabilities		1,000,127	936,035
Total net assets (liabilities)		1,000,127	936,035
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		1,000,126	936,034
Shareholders' funds		1,000,127	936,035

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 28 November 2016

And signed on their behalf by:
Mr J R Grant, Director

FLEMINGTON FARMS LIMITED Registered Number SC227075

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

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Other accounting policies
Company's business
The company's business is farming through its participation in the farming partnership of Messrs D Grant & Son. Income comprises the company's share in the partnership's profits or losses each year. The book value of its interest in the partnership comprises the balances standing to its credit on the current and capital accounts in the books of that business.

2Debtors

	2016 £	2015 £
Debtors include the following amounts due after more than one year	1,000,000	935,000

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1