Artisan Dairy Limited - Period Ending 2016-02-29

Registration number: 08911708

Artisan Dairy Limited

Unaudited Abbreviated Accounts

for the Year Ended 29 February 2016
 

Artisan Dairy Limited
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3 to 4

Artisan Dairy Limited
(Registration number: 08911708)
Abbreviated Balance Sheet at 29 February 2016

		Note			29 February 2016 £			28 February 2015 £
Fixed assets
Tangible fixed assets					48,129			50,548
Current assets
Debtors					10,843			15,144
Creditors: Amounts falling due within one year					(67,692)			(79,501)
Net current liabilities					(56,849)			(64,357)
Net liabilities					(8,720)			(13,809)
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					(8,721)			(13,810)
Shareholders' deficit					(8,720)			(13,809)

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 1

Artisan Dairy Limited
(Registration number: 08911708)
Abbreviated Balance Sheet at 29 February 2016
......... continued

For the year ending 29 February 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 director acknowledges his 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 director on 31 December 2016

.........................................
Mr C J Vowles
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Artisan Dairy Limited
Notes to the Abbreviated Accounts for the Year Ended 29 February 2016
......... continued

1	Accounting policies

Basis of preparation

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).

Going concern

The company is reliant on the continued financial support of its director who has confirmed that this will continue. Therefore, the financial statements have been prepared on a going concern basis.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% reducing balance basis
Motor vehicles	25% reducing balance basis

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Page 3

Artisan Dairy Limited
Notes to the Abbreviated Accounts for the Year Ended 29 February 2016
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 March 2015		63,622			63,622
Additions		11,576			11,576
Disposals		(1,100)			(1,100)
At 29 February 2016		74,098			74,098
Depreciation
At 1 March 2015		13,074			13,074
Charge for the year		12,895			12,895
At 29 February 2016		25,969			25,969
Net book value
At 29 February 2016		48,129			48,129
At 28 February 2015		50,548			50,548

3	Share capital

Allotted, called up and fully paid shares

	29 February 2016						28 February 2015
		No.			£			No.			£
Ordinary shares of £1 each		1			1			1			1

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