Abbreviated Company Accounts - CLUTTON HILL AGRICULTURAL SERVICES LIMITED

Abbreviated Company Accounts - CLUTTON HILL AGRICULTURAL SERVICES LIMITED

CLUTTON HILL AGRICULTURAL SERVICES LIMITED - Company Information

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Registered Number 01756784

CLUTTON HILL AGRICULTURAL SERVICES LIMITED

Abbreviated Accounts

31 July 2016

CLUTTON HILL AGRICULTURAL SERVICES LIMITED Registered Number 01756784

Abbreviated Balance Sheet as at 31 July 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 1,677,512 1,659,237
Investments - -
1,677,512 1,659,237
Current assets
Stocks - -
Debtors 75,992 66,793
Investments - -
Cash at bank and in hand - 164,144
75,992 230,937
Prepayments and accrued income - -
Creditors: amounts falling due within one year 3 (724,869) (702,127)
Net current assets (liabilities) (648,877) (471,190)
Total assets less current liabilities 1,028,635 1,188,047
Creditors: amounts falling due after more than one year 3 (442,273) (505,890)
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 586,362 682,157
Capital and reserves
Called up share capital 4 201,000 301,000
Share premium account 0 0
Revaluation reserve 152,993 152,993
Other reserves 0 0
Profit and loss account 232,369 228,164
Shareholders' funds 586,362 682,157
  • For the year ending 31 July 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 26 April 2017

And signed on their behalf by:
Mr Simon Pocklington, Director

CLUTTON HILL AGRICULTURAL SERVICES LIMITED Registered Number 01756784

Notes to the Abbreviated Accounts for the period ended 31 July 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.

The financial statements have been prepared on a going concern basis, the validity of which depends upon future funding being available. The financial statements do not include any adjustments that would result from a failure to obtain funding. The company made a profit after taxation for the year ending 31st July 2016 of £ 64,205 and at that date its current liabilities exceeded its current assets by £ 648,877.

Turnover policy
Turnover represents net invoiced sales of services, excluding VAT.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates;
Plant & Machinery etc - in accordance with the property

2Tangible fixed assets
£
Cost
At 1 August 2015 1,676,919
Additions 24,169
Disposals 0
Revaluations 0
Transfers 0
At 31 July 2016 1,701,088
Depreciation
At 1 August 2015 17,682
Charge for the year 5,894
On disposals 0
At 31 July 2016 23,576
Net book values
At 31 July 2016 1,677,512
At 31 July 2015 1,659,237
3Creditors
2016
£		 2015
£
Secured Debts 0 0
Instalment debts due after 5 years 211,030 263,310
Non-instalment debts due after 5 years 0 0
4Called Up Share Capital
Allotted, called up and fully paid:
2016
£		 2015
£
51,000 Ordinary shares of £1 each 51,000 51,000
150,000 Preference shares of £1 each (250,000 shares for 2015) 150,000 250,000