St Aubin Nurseries Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05225089 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 July 2016

for

ST AUBIN NURSERIES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs S Evans

SECRETARY:

Ms JA Evans

REGISTERED OFFICE:

34 Archer Road

Penarth

Vale of Glamorgan

CF64 3HL

REGISTERED NUMBER:

05225089 (England and Wales)

ACCOUNTANTS:

KTS OWENS THOMAS LIMITED

Chartered Accountants and Business Advisers

The Counting House

Celtic Gateway

Dunleavy Drive

Cardiff

CF11 0SN

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

1,106,269

238,799

1,106,269

238,799

CURRENT ASSETS

Debtors

83,622

417,185

Cash in hand

2,519

-

86,141

417,185

CREDITORS

Amounts falling due within one year

(722,376

)

(297,954

)

NET CURRENT (LIABILITIES)/ASSETS

(636,235

)

119,231

TOTAL ASSETS LESS CURRENT
LIABILITIES

470,034

358,030

CREDITORS

Amounts falling due after more than one
year

(62,889

)

(48,068

)

PROVISIONS FOR LIABILITIES

(25,587

)

(24,275

)

NET ASSETS

381,558

285,687

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

381,458

285,587

SHAREHOLDERS' FUNDS

381,558

285,687

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 27 April 2017 and were signed by:

Mrs S Evans - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Fixtures & Fittings

-

12.5% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

and 31 July 2016

146,983

AMORTISATION

At 1 August 2015

and 31 July 2016

146,983

NET BOOK VALUE

At 31 July 2016

-

At 31 July 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

575,405

Additions

924,722

At 31 July 2016

1,500,127

DEPRECIATION

At 1 August 2015

336,606

Charge for year

57,252

At 31 July 2016

393,858

NET BOOK VALUE

At 31 July 2016

1,106,269

At 31 July 2015

238,799

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

1

100

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Dividends of £NIL (2015: £5,000) were paid to Ms S L Evans.

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs S Evans who owns 100% of the issued share capital.