SUFFOLK MUSHROOMS LIMITED

SUFFOLK MUSHROOMS LIMITED

SUFFOLK MUSHROOMS UNLIMITED - Company Information

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SUFFOLK MUSHROOMS LIMITED

Company Registration Number:
07071393 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2017

Period of accounts

Start date: 01 November 2016

End date: 31 October 2017

SUFFOLK MUSHROOMS LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2017

Balance sheet
Notes

SUFFOLK MUSHROOMS LIMITED

Balance sheet

As at 31 October 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 3 1,050,736 1,345,205
Total fixed assets: 1,050,736 1,345,205
Current assets
Stocks: 272,484 318,893
Debtors: 4 699,531 358,359
Cash at bank and in hand: 149,342 518,380
Total current assets: 1,121,357 1,195,632
Creditors: amounts falling due within one year: 5 (2,742,754) (2,862,326)
Net current assets (liabilities): (1,621,397) (1,666,694)
Total assets less current liabilities: (570,661) (321,489)
Provision for liabilities: (74,488) (130,992)
Total net assets (liabilities): (645,149) (452,481)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (645,249) (452,581)
Shareholders funds: (645,149) (452,481)

The notes form part of these financial statements

SUFFOLK MUSHROOMS LIMITED

Balance sheet statements

For the year ending 31 October 2017 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 March 2018
and signed on behalf of the board by:

Name: Alan Walsh
Status: Director

The notes form part of these financial statements

SUFFOLK MUSHROOMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SUFFOLK MUSHROOMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

2. Employees

2017 2016
Average number of employees during the period 120 127

SUFFOLK MUSHROOMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

3. Tangible Assets

Total
Cost £
At 01 November 2016 2,732,381
Additions 56,765
At 31 October 2017 2,789,146
Depreciation
At 01 November 2016 1,387,176
Charge for year 351,234
At 31 October 2017 1,738,410
Net book value
At 31 October 2017 1,050,736
At 31 October 2016 1,345,205

SUFFOLK MUSHROOMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

4. Debtors

2017 2016
££
Debtors due after more than one year: 699,531 358,359

SUFFOLK MUSHROOMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

5. Creditors: amounts falling due within one year note

2017: £2,742,754 2016: £2,862,326