M Hooper & Sons Limited - Accounts to registrar (filleted) - small 18.2

M Hooper & Sons Limited - Accounts to registrar (filleted) - small 18.2

M. HOOPER & SONS LIMITED - Company Information

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REGISTERED NUMBER: 00798931 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2018

FOR

M HOOPER & SONS LIMITED
M HOOPER & SONS LIMITED (REGISTERED NUMBER: 00798931)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2018




Page

Company Information 1

Abridged Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


M HOOPER & SONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2018







DIRECTOR: BE Hooper





SECRETARY: BE Hooper





REGISTERED OFFICE: Rectory Farm
Winterborne Zelston
Blandford
Dorset
DT11 9EX





REGISTERED NUMBER: 00798931 (England and Wales)





ACCOUNTANTS: Simon John Christopher Limited
First Floor Suite
Drapers House
Market Place
Sturminster Newton
Dorset
DT10 1AS
Page 1
M HOOPER & SONS LIMITED (REGISTERED NUMBER: 00798931)

ABRIDGED BALANCE SHEET
31ST MARCH 2018

2018 2017
Notes £    £   
FIXED ASSETS
Tangible assets 4 830,925 805,169
Investments 5 7,479 7,479
Herd basis 6 41,464 33,864
879,868 846,512

CURRENT ASSETS
Stocks 272,832 259,430
Debtors 65,144 69,207
Cash at bank 391,318 386,426
729,294 715,063
CREDITORS
Amounts falling due within one year (313,019 ) (284,206 )
NET CURRENT ASSETS 416,275 430,857
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,296,143
1,277,369

CREDITORS
Amounts falling due after more than one
year
(10,472
)
-

PROVISIONS FOR LIABILITIES (43,072 ) (43,976 )
NET ASSETS 1,242,599 1,233,393

CAPITAL AND RESERVES
Called up share capital 30,000 30,000
Revaluation reserve 7 1,833 1,833
Retained earnings 1,210,766 1,201,560
SHAREHOLDERS' FUNDS 1,242,599 1,233,393

The notes form part of these financial statements

Page 2
M HOOPER & SONS LIMITED (REGISTERED NUMBER: 00798931)

ABRIDGED BALANCE SHEET - continued
31ST MARCH 2018


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st March 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 director on 20th December 2018 and were signed by:





BE Hooper - Director


The notes form part of these financial statements

Page 3
M HOOPER & SONS LIMITED (REGISTERED NUMBER: 00798931)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2018

1. STATUTORY INFORMATION

M Hooper & Sons 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 comprises the invoiced value of goods and services supplied by the company, net of value added tax
and trade discounts.

Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation.

Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated
residual value, over their expected useful lives on the following basis:

Land & Buildings Freehold
No charge is made. The property is being made in sound repair and the directors are therefore of the opinion that
any provision would be negligible.

Motor Vehicles, Tractors & Combine
The rate of 25% per annum - reducing balance basis

Plant & Machinery
The rate of 15% per annum - reducing balance basis

Agricultural Capital Expenses
The rate of 10% per annum - reducing balance basis

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.


Page 4
M HOOPER & SONS LIMITED (REGISTERED NUMBER: 00798931)

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

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss in the period to which they relate.

Investments
Investments are valued at the lower of cost and net realisable value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 4 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st April 2017 1,834,292
Additions 119,480
Disposals (46,003 )
At 31st March 2018 1,907,769
DEPRECIATION
At 1st April 2017 1,029,123
Charge for year 86,490
Eliminated on disposal (38,769 )
At 31st March 2018 1,076,844
NET BOOK VALUE
At 31st March 2018 830,925
At 31st March 2017 805,169

Page 5
M HOOPER & SONS LIMITED (REGISTERED NUMBER: 00798931)

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

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1st April 2017
and 31st March 2018 7,479
NET BOOK VALUE
At 31st March 2018 7,479
At 31st March 2017 7,479

6. HERD BASIS
Dairy
herd
basis
£   
COST
At 1st April 2017 33,864
Transfer 7,600
At 31st March 2018 41,464
NET BOOK VALUE
At 31st March 2018 41,464
At 31st March 2017 33,864

7. RESERVES
Revaluation
reserve
£   
At 1st April 2017
and 31st March 2018 1,833

8. RELATED PARTY TRANSACTIONS

The Company paid and accrued rent in the year to the following

20182017
B E Hooper16,20016,200
J R Hooper11,5008,100
J F Hooper11,5008,100

The Director's accounts are shown in note 9 to the accounts.

Page 6