Rochford (UK) Limited - Accounts to registrar - small 17.1

REGISTERED NUMBER: 02182655 (England and Wales)

ROCHFORD (UK) LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2017

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D I Richardson

P R Thomas

SECRETARY:

D I Richardson

REGISTERED OFFICE:

Tanglewood

97 London Road

Knebworth

Hertfordshire

SG3 6HG

REGISTERED NUMBER:

02182655 (England and Wales)

ACCOUNTANTS:

Brindley Jacob

Chartered Accountants

167 Turners Hill

Cheshunt

Hertfordshire

EN8 9BH

BANKERS:

The Royal Bank of Scotland plc

Bede House

11 Western Boulevard

Leicester

LE2 7EJ

FIXED ASSETS

Tangible assets

4

704

3,178

CURRENT ASSETS

Stocks

2,460

4,017

Debtors

32,718

30,770

Cash at bank

1,106,547

1,134,998

1,141,725

1,169,785

CREDITORS

Amounts falling due within one year

17,950

30,159

NET CURRENT ASSETS

1,123,775

1,139,626

TOTAL ASSETS LESS CURRENT LIABILITIES

1,124,479

1,142,804

CAPITAL AND RESERVES

Called up share capital

56,500

56,500

Capital redemption reserve

63,500

63,500

Retained earnings

1,004,479

1,022,804

SHAREHOLDERS' FUNDS

1,124,479

1,142,804

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 February 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 21 April 2017 and were signed on its behalf by:

D I Richardson - Director

P R Thomas - Director

1.	STATUTORY INFORMATION

Rochford (UK) Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is the total amount receivable for outright sales and lease maintenance income in the year excluding

value added tax and trade discounts.

Tangible fixed assets

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

Assets leased to clients

-

Straight line over the life of the lease

Motor vehicles

-

25% on cost

Stocks

Stock comprises living plants and containers for resale and are valued at the lower of cost and net realisable

value. Net realisable value means estimated selling price ( less trade discounts) less any further costs to

completion and all costs to be incurred in marketing, selling and distribution.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account,

except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 March 2016

30,299

Additions

1,132

Disposals

(7,478

)

At 28 February 2017

23,953

DEPRECIATION

At 1 March 2016

27,121

Charge for year

3,606

Eliminated on disposal

(7,478

)

At 28 February 2017

23,249

NET BOOK VALUE

At 28 February 2017

704

At 29 February 2016

3,178

5.	FIRST YEAR ADOPTION

This is the first year that the company has presented its financial statements under Financial Reporting Standard

102 (FRS 102) issued by the Financial Reporting Council.

The last financial statements, for the year ended 29 February 2016, were prepared under previous UK GAAP.

The transition date to FRS 102 is therefore 1 March 2015.