Accounts filed on 30-06-2016

Accounts filed on 30-06-2016

SHERWOOD PRODUCE LIMITED - Company Information

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045230222015-07-012016-06-30falsetruehttp://www.companieshouse.gov.uk/2015-06-30http://www.companieshouse.gov.uk/cd:Director12015-07-012016-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-07-012016-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-06-30http://www.companieshouse.gov.uk/2014-07-012015-06-30http://www.companieshouse.gov.uk/2015-07-012016-06-30http://www.companieshouse.gov.uk/2015-06-30http://www.companieshouse.gov.uk/2016-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 04523022
Sherwood Produce Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016
Sherwood Produce Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 June 2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 04523022
Sherwood Produce Limited
Registered Number: 04523022
BALANCE SHEET AT 30 JUNE 2016
20162015
Notes££
CURRENT ASSETS
Debtors (amounts falling due within one year)26,427623,426
Cash at bank and in hand13,567113,396
19,994736,822
CREDITORS: Amounts falling due within one year-1,597
NET CURRENT ASSETS19,994735,225
TOTAL ASSETS LESS CURRENT LIABILITIES19,994735,225
CAPITAL AND RESERVES
Called up share capital3160160
Profit and loss account19,834735,065
SHAREHOLDERS' FUNDS19,994735,225
For the year ending 30 June 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 2 March 2017 and signed on their behalf by
T C Bradshaw
Director
Sherwood Produce Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The fianancial statements have been prepared under the histrocial cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).
1c. Going Concern
These financial statements have not been prepared on the going concern basis.
1d. Government Grants
Government grants are recognised in profit and loss in the year in which they are received.
2. DEBTORS 20162015
££
Amounts falling due within one year:
Other debtors6,427623,426
6,427623,426
3. SHARE CAPITAL 20162015
££
Allotted, issued and fully paid:
160 Ordinary shares of £1 each160160
160160
Sherwood Produce Limited
4. RELATED PARTY TRANSACTIONS
During the year, the company made the following distributions:
JCM Glassford Limited £70,965, T C Hammond & Sons £217,474, Thoresby Home Farm £86,053, Naish Farms Limited £111,880, H W Smith & Sons (Carlton) Limited £169,010, Trustees of Thoresby Estate £6,895, D Skelton & Sons £31,246, Priors Park Farm Limited £17,252.
5. CONTROLLING PARTY
No one entity has overall control over the company.