Wood Farm Freerange Eggs Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06383183 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2018

for

Wood Farm Freerange Eggs Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C E Mear

A Potter

REGISTERED OFFICE:

Wood Farm

Vicarage Road

Waresley Nr Sandy

Bedfordshire

SG19 3DA

REGISTERED NUMBER:

06383183 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

FIXED ASSETS

Tangible assets

4

123,333

117,090

CURRENT ASSETS

Stocks

26,721

34,856

Debtors

237,941

184,914

Cash at bank

51,395

133,844

316,057

353,614

CREDITORS

Amounts falling due within one year

166,313

171,782

NET CURRENT ASSETS

149,744

181,832

TOTAL ASSETS LESS CURRENT LIABILITIES

273,077

298,922

CREDITORS

Amounts falling due after more than one year

(16,000

)

(32,000

)

PROVISIONS FOR LIABILITIES

(23,764

)

(21,201

)

NET ASSETS

233,313

245,721

CAPITAL AND RESERVES

Called up share capital

5

2

2

Retained earnings

233,311

245,719

SHAREHOLDERS' FUNDS

233,313

245,721

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 directors acknowledge their 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 3 September 2018 and were signed on its behalf by:

C E Mear - Director

1.	STATUTORY INFORMATION

Wood Farm Freerange Eggs Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added

tax and other sales taxes.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

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 10 (2017 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2017

247,524

Additions

33,680

Disposals

(3,679

)

At 31 January 2018

277,525

DEPRECIATION

At 1 February 2017

130,434

Charge for year

26,273

Eliminated on disposal

(2,515

)

At 31 January 2018

154,192

NET BOOK VALUE

At 31 January 2018

123,333

At 31 January 2017

117,090

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.18

31.1.17

value:

£

£

2

Ordinary

£1

2

2