| Leigh Court Farm Ltd |
| Registered number: |
04404792 |
| Abbreviated Balance Sheet |
| as at 31 March 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
10,328 |
|
|
20,274 |
|
| Current assets |
| Stocks |
|
|
7,101 |
|
|
7,343 |
| Debtors |
|
|
3,695 |
|
|
3,249 |
| Cash at bank and in hand |
|
|
12,965 |
|
|
17,765 |
|
|
|
23,761 |
|
|
28,357 |
|
| Creditors: amounts falling due within one year |
|
|
(32,458) |
|
|
(50,580) |
|
| Net current liabilities |
|
|
|
(8,697) |
|
|
(22,223) |
|
| Total assets less current liabilities |
|
|
|
1,631 |
|
|
(1,949) |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(20,000) |
|
|
(20,000) |
|
|
|
| Net liabilities |
|
|
|
(18,369) |
|
|
(21,949) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
(18,370) |
|
|
(21,950) |
|
| Shareholder's funds |
|
|
|
(18,369) |
|
|
(21,949) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| C Loughlin |
| Director |
| Approved by the board on 12 December 2014 |
|
| Leigh Court Farm Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Agricultural works and buildings |
25% straight line |
|
Agricultural equipment and vehicles |
25% straight line |
|
Office equipment |
25% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2013 |
73,439 |
|
Additions |
592 |
|
At 31 March 2014 |
74,031 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2013 |
53,165 |
|
Charge for the year |
10,538 |
|
At 31 March 2014 |
63,703 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2014 |
10,328 |
|
At 31 March 2013 |
20,274 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|
