Apps Court Farm Ltd - Accounts to registrar (filleted) - small 18.2

Apps Court Farm Ltd - Accounts to registrar (filleted) - small 18.2

APPS COURT FARM LTD - Company Information

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REGISTERED NUMBER: 06055913 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2018

FOR

APPS COURT FARM LTD
APPS COURT FARM LTD (REGISTERED NUMBER: 06055913)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


APPS COURT FARM LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2018







DIRECTOR: J N MacGregor





SECRETARY: S R MacGregor





REGISTERED OFFICE: Apps Court Farm
Hurst Road
Walton on Thames
Surrey
KT12 2EG





REGISTERED NUMBER: 06055913 (England and Wales)





ACCOUNTANTS: Diverset Limited
Chartered Accountants
Ferrari House
258 Field End Road
Ruislip
Middlesex
HA4 9UU
Page 1
APPS COURT FARM LTD (REGISTERED NUMBER: 06055913)

BALANCE SHEET
31 JANUARY 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 77,662 97,077

CURRENT ASSETS
Debtors 5 513,150 559,563
Cash at bank and in hand 39,720 5,100
552,870 564,663
CREDITORS
Amounts falling due within one year 6 590,864 589,465
NET CURRENT LIABILITIES (37,994 ) (24,802 )
TOTAL ASSETS LESS CURRENT LIABILITIES 39,668 72,275

PROVISIONS FOR LIABILITIES 13,926 27,375
NET ASSETS 25,742 44,900

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 25,741 44,899
SHAREHOLDERS' FUNDS 25,742 44,900

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 17 August 2018 and were signed by:





J N MacGregor - Director


The notes on pages 3 to 5 form part of these financial statements

Page 2
APPS COURT FARM LTD (REGISTERED NUMBER: 06055913)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2018


1. STATUTORY INFORMATION

Apps Court Farm Ltd 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 represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Taxation
Taxation for the year 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2017 - 7 ) .

Page 3 continued...
APPS COURT FARM LTD (REGISTERED NUMBER: 06055913)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2018


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2017
and 31 January 2018 309,633
DEPRECIATION
At 1 February 2017 212,556
Charge for year 19,415
At 31 January 2018 231,971
NET BOOK VALUE
At 31 January 2018 77,662
At 31 January 2017 97,077


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 48,994 24,591
Other debtors 464,156 534,972
513,150 559,563

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 49,488 57,877
Taxation and social security 16,479 10,761
Other creditors 524,897 520,827
590,864 589,465

7. SECURED DEBTS

The following secured debts are included within creditors:

2018 2017
£    £   
Mortgage - Barclays Bank 373,350 -

Secured by a fixed and floating charge over the property and undertaking of the company dated 27 November 2017.

Page 4 continued...
APPS COURT FARM LTD (REGISTERED NUMBER: 06055913)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2018


8. RELATED PARTY DISCLOSURES

The company was owed various small sums by companies with common directorships or shareholders:

From Elmbridge Environmental Holdings Ltd £Nil (2017: £510)
From Izax Offshore Ltd £642 (2017: £90)
From CAS Africa Ltd (Prev. Nautico Logistics Ltd) £Nil (2017: £162)
From RCI Holdings Ltd £318 (2017: £90)
From Risk Consultants International Ltd £Nil (2017: £488)

In addition to these small sums, there were more significant balances owed to the company:

From Mac Creative Ltd. £25,000 (2017: £25,000)
From Apps Court Van & Plant Rental Ltd £107,426 (2017: £104,326)
From Apps Court Accommodation Ltd £6,002 (2017: £45,826)
From Apps Court Lakes Ltd £41,856 (2017: £67,833)
From WOW Factor Entertainment Ltd £76,459 (2017: £165,280)
From International Creative Technologies Ltd £15,944 (2017: £15,944)

Owed to CAS Global Ltd £7,425 (2017: £8,710)

9. CONTROLLING PARTY

The controlling party is Mr S MacGregor.

Page 5