Country Fresh Produce Limited - Abbreviated accounts 16.3
Country Fresh Produce Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the period |
| 1st October 2015 to 31st March 2017 |
| for |
| Country Fresh Produce Limited |
| Country Fresh Produce Limited (Registered number: 09180572) |
| Contents of the Abbreviated Accounts |
| for the period 1st October 2015 to 31st March 2017 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Country Fresh Produce Limited |
| Company Information |
| for the period 1st October 2015 to 31st March 2017 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| Country Fresh Produce Limited (Registered number: 09180572) |
| Abbreviated Balance Sheet |
| 31st March 2017 |
| 2017 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| Country Fresh Produce Limited (Registered number: 09180572) |
| Abbreviated Balance Sheet - continued |
| 31st March 2017 |
| The financial statements were approved by the Board of Directors on behalf by: |
| Country Fresh Produce Limited (Registered number: 09180572) |
| Notes to the Abbreviated Accounts |
| for the period 1st October 2015 to 31st March 2017 |
| 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 |
| Tangible fixed assets |
| Greenhouses | - |
| Plant and machinery | - |
| Motor vehicles | - |
| 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. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
| under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
| are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant period. The |
| capital element of the future payments is treated as a liability. |
| 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. |
| Country Fresh Produce Limited (Registered number: 09180572) |
| Notes to the Abbreviated Accounts - continued |
| for the period 1st October 2015 to 31st March 2017 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st October 2015 |
| and 31st March 2017 |
| AMORTISATION |
| At 1st October 2015 |
| Amortisation for period |
| At 31st March 2017 |
| NET BOOK VALUE |
| At 31st March 2017 |
| At 30th September 2015 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st October 2015 |
| Additions |
| Disposals | ( |
) |
| At 31st March 2017 |
| DEPRECIATION |
| At 1st October 2015 |
| Charge for period |
| Eliminated on disposal | ( |
) |
| At 31st March 2017 |
| NET BOOK VALUE |
| At 31st March 2017 |
| At 30th September 2015 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 2017 | 2015 |
| £ | £ |
| Repayable by instalments | 83,498 | 153,607 |
| Country Fresh Produce Limited (Registered number: 09180572) |
| Notes to the Abbreviated Accounts - continued |
| for the period 1st October 2015 to 31st March 2017 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2017 | 2015 |
| value: | £ | £ |
| Ordinary A | £1 |
| Ordinary B | £1 |
| Ordinary C | £1 |
| Ordinary D | £1 |
| 600 | 600 |
| The 60 ordinary shares of £1 each were converted to ordinary A shares of £1 each on 1 October 2014. |