Abbreviated Company Accounts - OAKRIDGE LANE FARM LIMITED

OAKRIDGE LANE FARM LIMITED - Company Information

07055562 OAKRIDGE LANE FARM LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 07055562 2013-04-01 2014-03-31 07055562 2014-03-31 07055562 2013-03-31 07055562 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 07055562 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:Director3 2013-03-31 uk-gaap-cd-bus:Director4 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director4 2014-03-31 uk-gaap-cd-bus:Director4 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 07055562

OAKRIDGE LANE FARM LIMITED

Abbreviated Accounts

31 March 2014

OAKRIDGE LANE FARM LIMITED Registered Number 07055562

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	29,247	49,835
		29,247	49,835
Current assets
Stocks		41,741	48,116
Debtors		86,361	27,184
Cash at bank and in hand		24,470	85,084
		152,572	160,384
Creditors: amounts falling due within one year		(268,795)	(260,268)
Net current assets (liabilities)		(116,223)	(99,884)
Total assets less current liabilities		(86,976)	(50,049)
Total net assets (liabilities)		(86,976)	(50,049)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(87,076)	(50,149)
Shareholders' funds		(86,976)	(50,049)

For the year ending 31 March 2014 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 18 December 2014

And signed on their behalf by:
Dr E J E Stearns, Director

OAKRIDGE LANE FARM LIMITED Registered Number 07055562

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the invoiced amounts of goods sold and services provided, including the
appropriate proportion of arable aid and set-aside payments receivable, together with the value
placed on crops for own consumption, stated net of Value Added Tax.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is
provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings Freehold 10% straight line
Plant and machinery 25% straight line

Other accounting policies
The company is controlled by the directors who own 100% of the called up share capital.

2Tangible fixed assets

	£
Cost
At 1 April 2013	96,512
Additions	950
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	97,462
Depreciation
At 1 April 2013	46,677
Charge for the year	21,538
On disposals	-
At 31 March 2014	68,215
Net book values
At 31 March 2014	29,247
At 31 March 2013	49,835

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100

4Transactions with directors

Name of director receiving advance or credit:	Mr M P Stearns
Description of the transaction:	Loan
Balance at 1 April 2013:	£ 227,257
Advances or credits made:	-
Advances or credits repaid:	-
Balance at 31 March 2014:	£ 227,257

Name of director receiving advance or credit:	Dr E J E Stearns
Description of the transaction:	Loan
Balance at 1 April 2013:	£ 0
Advances or credits made:	£ 21,010
Advances or credits repaid:	£ 0
Balance at 31 March 2014:	£ 21,010