Abbreviated Company Accounts - AGRI-RESEARCH (IRELAND) LIMITED

Abbreviated Company Accounts - AGRI-RESEARCH (IRELAND) LIMITED

AGRI-RESEARCH (IRELAND) LIMITED - Company Information

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Registered Number NI031350

AGRI-RESEARCH (IRELAND) LIMITED

Abbreviated Accounts

30 September 2016

AGRI-RESEARCH (IRELAND) LIMITED Registered Number NI031350

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 17,065 17,106
17,065 17,106
Current assets
Stocks 53,454 34,596
Debtors 191,749 186,138
Cash at bank and in hand 123,237 105,783
368,440 326,517
Creditors: amounts falling due within one year (77,424) (84,498)
Net current assets (liabilities) 291,016 242,019
Total assets less current liabilities 308,081 259,125
Provisions for liabilities (3,413) (3,421)
Total net assets (liabilities) 304,668 255,704
Capital and reserves
Called up share capital 6 6
Profit and loss account 304,662 255,698
Shareholders' funds 304,668 255,704
  • For the year ending 30 September 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 13 June 2017

And signed on their behalf by:
Mr K Forbes, Director

AGRI-RESEARCH (IRELAND) LIMITED Registered Number NI031350

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover shown in the profit and loss account represents amounts invoiced during the year,
exclusive of Value Added Tax

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value,
over the useful economic life of that asset as follows:
Plant & Machinery - over 5 years
Fixtures & Fittings - over 5 years
Motor Vehicles - over 4 years
Equipment - over 5 years

2Tangible fixed assets
£
Cost
At 1 October 2015 46,825
Additions 6,009
Disposals -
Revaluations -
Transfers -
At 30 September 2016 52,834
Depreciation
At 1 October 2015 29,719
Charge for the year 6,050
On disposals -
At 30 September 2016 35,769
Net book values
At 30 September 2016 17,065
At 30 September 2015 17,106