Roxby Agricultural Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 10041064 (England and Wales)

Unaudited Financial Statements

for the Period 3 March 2016 to 31 March 2017

for

Roxby Agricultural Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Roberts

Mrs K Saxby

REGISTERED OFFICE:

Agri-Services

Bowstridge Lane

Chalfont St. Giles

Bucks.

HP8 4RQ

REGISTERED NUMBER:

10041064 (England and Wales)

ACCOUNTANTS:

Lawson & Co.

18, The Lagger

Chalfont St. Giles

Bucks.

HP8 4DG

FIXED ASSETS

Tangible assets

4

73,279

CURRENT ASSETS

Debtors

5

1,405

Cash at bank

13,732

15,137

CREDITORS

Amounts falling due within one year

6

73,797

NET CURRENT LIABILITIES

(58,660

)

TOTAL ASSETS LESS CURRENT LIABILITIES

14,619

PROVISIONS FOR LIABILITIES

7

3,134

NET ASSETS

11,485

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

11,385

SHAREHOLDERS' FUNDS

11,485

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

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 29 November 2017 and were signed on its behalf by:

M Roberts - Director

1.	STATUTORY INFORMATION

Roxby Agricultural 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Land and buildings

-

4% on cost

Plant and machinery etc

-

20% on reducing balance and 5% p.a. on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

Additions

38,370

37,026

75,396

At 31 March 2017

38,370

37,026

75,396

DEPRECIATION

Charge for period

1,151

966

2,117

At 31 March 2017

1,151

966

2,117

NET BOOK VALUE

At 31 March 2017

37,219

36,060

73,279

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

677

Other debtors

728

1,405

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

73,797

7.	PROVISIONS FOR LIABILITIES

£

Deferred tax

3,134

Deferred

tax

£

Accelerated capital allowances

7,212

Losses carried forward

(4,078

)

Balance at 31 March 2017

3,134

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1

100

100 Ordinary shares of 1 each were allotted and fully paid for cash at par during the period.

9.	RELATED PARTY DISCLOSURES

The company is controlled by directors and shareholders Mr. M. Roberts and Mrs. K. Saxby.