Chilworth Manor Vineyard Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08411555 (England and Wales)

CHILWORTH MANOR VINEYARD LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

20 FEBRUARY 2013 TO 28 FEBRUARY 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

5

DIRECTORS:

G Wrigley

Mrs A Wrigley

REGISTERED OFFICE:

Albury Mill

Mill Lane

Chilworth

Guildford

Surrey

GU4 8RU

REGISTERED NUMBER:

08411555 (England and Wales)

ACCOUNTANTS:

Bessler Hendrie

Chartered Accountants

Albury Mill

Mill Lane

Chilworth

Guildford

Surrey

GU4 8RU

FIXED ASSETS

Tangible assets

2

275,139

CURRENT ASSETS

Debtors

5,459

Cash at bank

260,891

266,350

CREDITORS

Amounts falling due within one year

(559,374

)

NET CURRENT LIABILITIES

(293,024

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(17,885

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(17,886

)

SHAREHOLDERS' FUNDS

(17,885

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2014 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 18 November 2014 and were signed on its behalf by:

Mrs A Wrigley - 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 April 2008).

The financial statements have been prepared on a going concern basis, as the directors will continue to provide

funds to support the company for the foreseeable future and enable the company to meet its liabilities as they fall

due.

Tangible fixed assets

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

Motor vehicles

- 25% reducing balance

Improvements to property

- 2% on cost

Land

- not depreciated

Deferred tax

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

sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay

less tax in the future have occurred at the balance sheet date. Timing differences are differences between the

company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured at the average tax rates that are expected to apply in the periods in which timing

differences are expected to reverse, based on tax rates and laws that have been enacted or substantially enacted by

the balance sheet date. Deferred tax is measured on a non-discounted basis.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

276,010

At 28 February 2014

276,010

DEPRECIATION

Charge for period

871

At 28 February 2014

871

NET BOOK VALUE

At 28 February 2014

275,139

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1

4.	DEFERRED TAXATION

No deferred tax asset has been recognised in these accounts. This is on the basis that there is insufficient evidence

when the asset will be recoverable, as this depends upon the company's future taxable profits.

Amount unprovided

2014

£

Tax losses carried forward

9,358

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Chilworth Manor Vineyard Limited for the period ended 28 February 2014 which comprise the

Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to

its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Chilworth Manor Vineyard Limited, as a body, in accordance with

our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of

Chilworth Manor Vineyard Limited and state those matters that we have agreed to state to the Board of Directors of

Chilworth Manor Vineyard Limited, as a body, in this report in accordance with AAF 2/10 as detailed at

icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other

than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Chilworth Manor Vineyard Limited has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of

Chilworth Manor Vineyard Limited. You consider that Chilworth Manor Vineyard Limited is exempt from the statutory

audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Chilworth Manor Vineyard

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Bessler Hendrie

Chartered Accountants

Albury Mill

Mill Lane

Chilworth

Guildford

Surrey

GU4 8RU

18 November 2014