Land Farming Enterprises Ltd - Limited company - abbreviated - 11.6

Land Farming Enterprises Ltd - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: SC322724 (Scotland)















Abbreviated Accounts for the Year Ended 28 May 2014

for

Land Farming Enterprises Ltd

Land Farming Enterprises Ltd (Registered number: SC322724)






Contents of the Abbreviated Accounts
for the Year Ended 28 May 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Report of the Accountant 4

Land Farming Enterprises Ltd

Company Information
for the Year Ended 28 May 2014







DIRECTORS: E Anderson
K Anderson
L Anderson
D Wakefield





REGISTERED OFFICE: 4 Parkhill Place
Northmuir
Kirriemuir
Angus
DD8 4TA





REGISTERED NUMBER: SC322724 (Scotland)





ACCOUNTANT: Lisa Barclay Accountancy Services Limited
PO Box 7003
Forfar
Angus
DD8 0BA

Land Farming Enterprises Ltd (Registered number: SC322724)

Abbreviated Balance Sheet
28 May 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 17,968 17,125

CURRENT ASSETS
Stocks 34,152 46,490
Debtors 965 2,313
Prepayments and accrued income - 683
Cash at bank and in hand 10,730 5,704
45,847 55,190
CREDITORS
Amounts falling due within one year 300,005 298,727
NET CURRENT LIABILITIES (254,158 ) (243,537 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(236,190
)
(226,412
)

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account (236,290 ) (226,512 )
SHAREHOLDERS' FUNDS (236,190 ) (226,412 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 May 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 8 January 2015 and were signed on its behalf by:





E Anderson - Director


Land Farming Enterprises Ltd (Registered number: SC322724)

Notes to the Abbreviated Accounts
for the Year Ended 28 May 2014

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property - 25% on reducing balance
Plant and machinery - 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 29 May 2013 58,016
Additions 6,000
At 28 May 2014 64,016
DEPRECIATION
At 29 May 2013 40,891
Charge for year 5,157
At 28 May 2014 46,048
NET BOOK VALUE
At 28 May 2014 17,968
At 28 May 2013 17,125

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary £1 100 100

Land Farming Enterprises Ltd

Report of the Accountant to the Directors of
Land Farming Enterprises Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)
have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended
28 May 2014 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, I have compiled these unaudited financial statements in order to assist you to fulfil
your statutory responsibilities, from the accounting records and information and explanations supplied to me.






Lisa Barclay Accountancy Services Limited
PO Box 7003
Forfar
Angus
DD8 0BA


8 January 2015