R.H.J. Croxton and Son (Farms) Limited - Accounts to registrar (filleted) - small 18.2
R.H.J. Croxton and Son (Farms) Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| R.H.J. CROXTON AND SON (FARMS) LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 5 APRIL 2018 |
| R.H.J. CROXTON AND SON (FARMS) LIMITED (REGISTERED NUMBER: 01243269) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 5 APRIL 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| R.H.J. CROXTON AND SON (FARMS) LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 5 APRIL 2018 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| West Lodge |
| Rainbow Street |
| Leominster |
| Herefordshire |
| HR6 8DQ |
| R.H.J. CROXTON AND SON (FARMS) LIMITED (REGISTERED NUMBER: 01243269) |
| BALANCE SHEET |
| 5 APRIL 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings | 9 | 68,996 | 89,913 |
| SHAREHOLDERS' FUNDS |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| R.H.J. CROXTON AND SON (FARMS) LIMITED (REGISTERED NUMBER: 01243269) |
| BALANCE SHEET - continued |
| 5 APRIL 2018 |
| The financial statements were approved by the Board of Directors on by: |
| R.H.J. CROXTON AND SON (FARMS) LIMITED (REGISTERED NUMBER: 01243269) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 5 APRIL 2018 |
| 1. | STATUTORY INFORMATION |
| R.H.J. Croxton and Son (Farms) Limited is a |
| 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 |
| 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 |
| Improvements, fixtures and fittings | - |
| Plant and Machinery | - |
| Tractors | - |
| Motor vehicles | - |
| Office equipment | - |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| R.H.J. CROXTON AND SON (FARMS) LIMITED (REGISTERED NUMBER: 01243269) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 5 APRIL 2018 |
| 4. | TANGIBLE FIXED ASSETS |
| Improvements, |
| fixtures |
| and | Plant and |
| fittings | Machinery | Tractors |
| £ | £ | £ |
| COST |
| At 6 April 2017 |
| Additions |
| Disposals | ( |
) |
| At 5 April 2018 |
| DEPRECIATION |
| At 6 April 2017 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 5 April 2018 |
| NET BOOK VALUE |
| At 5 April 2018 |
| At 5 April 2017 |
| Motor | Office |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 6 April 2017 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 5 April 2018 |
| DEPRECIATION |
| At 6 April 2017 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 5 April 2018 |
| NET BOOK VALUE |
| At 5 April 2018 |
| At 5 April 2017 |
| R.H.J. CROXTON AND SON (FARMS) LIMITED (REGISTERED NUMBER: 01243269) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 5 APRIL 2018 |
| 4. | TANGIBLE FIXED ASSETS - continued |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Tractors |
| £ |
| COST |
| Additions |
| At 5 April 2018 |
| NET BOOK VALUE |
| At 5 April 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Prepayments and accrued income |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Tax |
| VAT |
| Directors' current accounts |
| Accruals and deferred income |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Hire purchase contracts |
| Directors loan account | - | 59,580 |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2018 | 2017 |
| value: | £ | £ |
| Ordinary | £1 | 100 |
| R.H.J. CROXTON AND SON (FARMS) LIMITED (REGISTERED NUMBER: 01243269) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 5 APRIL 2018 |
| 9. | RESERVES |
| Retained |
| earnings |
| £ |
| At 6 April 2017 | 89,913 |
| Deficit for the year | ( |
) |
| At 5 April 2018 |
| 10. | RELATED PARTY DISCLOSURES |
| J H Croxton received £3,000 from the company for rent of farm (2017 - £3,000). |