Micro-entity Accounts - PATCH PARK FARMS (CROPS) LIMITED

Registered Number 00509142

PATCH PARK FARMS (CROPS) LIMITED

Micro-entity Accounts

30 April 2018

PATCH PARK FARMS (CROPS) LIMITED Registered Number 00509142

	2018	2017
	£	£
Fixed Assets	219,013	197,570
Current Assets	87,540	103,506
Prepayments and accrued income	12,099	9,647
Creditors: amounts falling due within one year	(77,680)	(96,209)
Net current assets (liabilities)	21,959	16,944
Total assets less current liabilities	240,972	214,514
Accruals and deferred income	(20,028)	(27,215)
Total net assets (liabilities)	220,944	187,299
Capital and reserves	220,944	187,299

For the year ending 30 April 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 23 January 2019

And signed on their behalf by:
J J Saward, Director

Footnotes:

Guarantees
For as long as it continues, the company is obligated to pay rent of £100,000 per annum (2017: £100,000) under an operating lease which has no fixed end date. Other than this there are no financial commitments, guarantees or contingencies that are not included in the balance sheet.

Advances and credits
A director received an advance of £24,977 during the year (2017: £47,397), which was fully repaid during the year. The loans are repayable on demand and interest is charged on loans at the official rate of interest set by HMRC.