MITCHELL_AGRICULTURAL_SER - Accounts
MITCHELL_AGRICULTURAL_SER - Accounts
Company Registration No. 04983510 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2014
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
ABBREVIATED BALANCE SHEET
AS AT
31 MAY 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(38,747 )
(59,124 )
Net current assets
Total assets less current liabilities
Provisions for liabilities
(2,965 )
(3,823 )
821,879
698,665
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
Directors' responsibilities:
-
-
Approved by the Board for issue on 20 December 2014
Director
Director
Company Registration No. 04983510
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Plant and machinery
1.5
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Fixed assets
Tangible assets
£
Cost
At 1 June 2013 & at 31 May 2014
130,285
Depreciation
At 1 June 2013
88,003
Charge for the year
8,456
At 31 May 2014
96,459
Net book value
At 31 May 2014
33,826
At 31 May 2013
42,281
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid