Rose Cottage Herbs Limited - Abbreviated accounts 16.3

Rose Cottage Herbs Limited - Abbreviated accounts 16.3

ROSE COTTAGE HERBS LIMITED - Company Information

Print Friendly Version

03999242 1.10.15 30.9.16 30.9.16 Company accounts Private Limited Company FY true false true false false false true false Ordinary 1.00000 19014 18511 19014 19129 18511 115 19014 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure039992422015-09-30039992422016-09-30039992422015-10-012016-09-30039992422014-09-30039992422014-10-012015-09-30039992422015-09-3003999242ns12:England2015-10-012016-09-3003999242ns14:PoundSterling2015-10-012016-09-3003999242ns7:Director12015-10-012016-09-3003999242ns7:OrdinaryShareClass12015-10-012016-09-3003999242ns7:Director22015-09-3003999242ns7:Director22014-09-3003999242ns7:Director22014-10-012015-09-3003999242ns7:Director22015-10-012016-09-3003999242ns7:Director22016-09-3003999242ns7:Director22015-09-3003999242ns7:CompanySecretary2015-10-012016-09-3003999242ns7:RegisteredOffice2015-10-012016-09-3003999242ns7:EntityAccountantsOrAuditors2015-10-012016-09-3003999242ns5:LandBuildingsns5:OwnedOrFreeholdTangibleFixedAssets2015-10-012016-09-3003999242ns5:FixturesFittings2015-10-012016-09-3003999242ns5:MotorVehicles2015-10-012016-09-3003999242ns5:ComputerEquipment2015-10-012016-09-3003999242ns7:OrdinaryShareClass12016-09-3003999242ns7:OrdinaryShareClass12015-09-3003999242ns7:Director12015-09-3003999242ns7:Director12014-09-3003999242ns7:Director12014-10-012015-09-3003999242ns7:Director12016-09-3003999242ns7:Director12015-09-30
REGISTERED NUMBER: 03999242 (England and Wales)















ROSE COTTAGE HERBS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2016






ROSE COTTAGE HERBS LIMITED (REGISTERED NUMBER: 03999242)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

ROSE COTTAGE HERBS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2016







DIRECTORS: C J Whyte
Mrs H A Whyte





SECRETARY: C J Whyte





REGISTERED OFFICE: Rose Cottage
Acombe Common
Hatfield
Doncaster
DN7 6ET





REGISTERED NUMBER: 03999242 (England and Wales)





ACCOUNTANTS: W H Prior
Chartered Certified Accountants
Railway Court
Off Ten Pound Walk
Doncaster
South Yorkshire
DN4 5FB
Page 1
ROSE COTTAGE HERBS LIMITED (REGISTERED NUMBER: 03999242)

ABBREVIATED BALANCE SHEET
30TH SEPTEMBER 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - -
Tangible assets 3 20,527 17,390
20,527 17,390

CURRENT ASSETS
Stocks 1,860 1,725
Debtors 6,442 27,366
Cash at bank and in hand 1,787 14,883
10,089 43,974
CREDITORS
Amounts falling due within one year 21,073 56,553
NET CURRENT LIABILITIES (10,984 ) (12,579 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
9,543
4,811

CAPITAL AND RESERVES
Called up share capital 4 20 20
Profit and loss account 9,523 4,791
SHAREHOLDERS' FUNDS 9,543 4,811

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2016 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 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 Board of Directors on 28th June 2017 and were signed on its behalf by:





C J Whyte - Director


The notes form part of these abbreviated accounts

Page 2
ROSE COTTAGE HERBS LIMITED (REGISTERED NUMBER: 03999242)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2016


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).

Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a
small company.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts
where turnover is recognised when the company obtains the right to consideration.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2000, 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.

Freehold property - 5% on cost
Nursery equipment - 25% on cost
Motor vehicles - 25% on cost
Office equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling
at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1st October 2015
and 30th September 2016 163,080
AMORTISATION
At 1st October 2015
and 30th September 2016 163,080
NET BOOK VALUE

At 30th September 2016 -
At 30th September 2015 -

Page 3 continued...
ROSE COTTAGE HERBS LIMITED (REGISTERED NUMBER: 03999242)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2016


3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st October 2015 183,250
Additions 4,611
At 30th September 2016 187,861
DEPRECIATION
At 1st October 2015 165,860
Charge for year 1,474
At 30th September 2016 167,334
NET BOOK VALUE
At 30th September 2016 20,527
At 30th September 2015 17,390

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
20 Ordinary £1 20 20

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30th September 2016 and
30th September 2015:

2016 2015
£    £   
C J Whyte and Mrs H A Whyte
Balance outstanding at start of year 19,014 18,511
Amounts advanced - 19,014
Amounts repaid (19,129 ) (18,511 )
Balance outstanding at end of year (115 ) 19,014

The directors have advanced loans to the Company and received loans from the Company during the year. The
balance owed to the Directors as at 30th September 2015 is £115 (Balance to Company 2015: £19,014)
repayable on demand and free of interest.

Page 4