REGISTERED NUMBER:
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Abbreviated Unaudited Accounts |
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for the Year Ended 31 March 2015 |
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for |
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Foremore Limited |
REGISTERED NUMBER:
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Abbreviated Unaudited Accounts |
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for the Year Ended 31 March 2015 |
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for |
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Foremore Limited |
Foremore Limited (Registered number: 02001625) |
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Contents of the Abbreviated Accounts |
for the Year Ended 31 March 2015 |
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Page |
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Company Information | 1 |
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Abbreviated Balance Sheet | 2 |
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Notes to the Abbreviated Accounts | 4 |
Foremore Limited |
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Company Information |
for the Year Ended 31 March 2015 |
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DIRECTOR: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Chartered Accountants |
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Foremore Limited (Registered number: 02001625) |
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Abbreviated Balance Sheet |
31 March 2015 |
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2015 | 2014 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
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Tangible assets | 3 |
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Investments | 4 |
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Herd basis | 5 | 241,852 | 238,430 |
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CURRENT ASSETS |
Stocks |
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Debtors |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year |
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NET CURRENT LIABILITIES | ( |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CREDITORS |
Amounts falling due after more than one
year |
6 |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital | 7 |
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Profit and loss account |
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SHAREHOLDERS' FUNDS |
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The director acknowledges his 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. |
Foremore Limited (Registered number: 02001625) |
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Abbreviated Balance Sheet - continued |
31 March 2015 |
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The financial statements were approved by the director on
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Foremore Limited (Registered number: 02001625) |
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Notes to the Abbreviated Accounts |
for the Year Ended 31 March 2015 |
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1. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
The financial statements have been prepared under the historical cost convention, with the exception of the dairy |
herd. This is included on the balance sheet in accordance with the taxation treatment, as set out under the |
provisions of section 109 of the Corporation Tax Act of 2009, the election for application of herd basis rules |
which is a departure from the Companies Act 2006. In all other respects the accounts do comply with the |
financial reporting standard for small entities (effective April 2008). |
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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). |
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Changes in accounting policies |
Turnover and Other Operating Income for 2011 has been restated to show Entry Level Scheme |
(agri-enviromental income) and Single Payment Scheme more appropriately as part of Turnover rather than |
Other Operating Income. |
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Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax. |
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Tangible fixed assets |
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Land and buildings | - |
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Plant and machinery etc | - |
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Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
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Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
period of the lease. |
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Government grants |
Government grants on capital expenditure are credited to a deferral account and are released to revenue over the |
expected useful life of the relevant asset by equal annual instalments. Grants of a revenue nature are credited to |
income in the period to which they relate. |
Foremore Limited (Registered number: 02001625) |
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Notes to the Abbreviated Accounts - continued |
for the Year Ended 31 March 2015 |
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2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 April 2014 |
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Disposals | ( |
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At 31 March 2015 |
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AMORTISATION |
At 1 April 2014 |
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Eliminated on disposal | ( |
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At 31 March 2015 |
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NET BOOK VALUE |
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At 31 March 2015 |
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At 31 March 2014 |
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3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 April 2014 |
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Additions |
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Disposals | ( |
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At 31 March 2015 |
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DEPRECIATION |
At 1 April 2014 |
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Charge for year |
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Eliminated on disposal | ( |
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At 31 March 2015 |
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NET BOOK VALUE |
At 31 March 2015 |
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At 31 March 2014 |
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Foremore Limited (Registered number: 02001625) |
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Notes to the Abbreviated Accounts - continued |
for the Year Ended 31 March 2015 |
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4. | FIXED ASSET INVESTMENTS |
Investments |
other |
than |
loans |
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COST |
At 1 April 2014 |
and 31 March 2015 | 150 |
NET BOOK VALUE |
At 31 March 2015 |
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At 31 March 2014 |
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5. | HERD BASIS |
Dairy |
herd |
basis |
£ |
COST |
At 1 April 2014 | 238,430 |
Additions | 3,422 |
At 31 March 2015 | 241,852 |
NET BOOK VALUE |
At 31 March 2015 | 241,852 |
At 31 March 2014 | 238,430 |
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6. | CREDITORS |
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Creditors include the following debts falling due in more than five years: |
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2015 | 2014 |
£ | £ |
Repayable otherwise than by instalments | 255,011 | 256,259 |
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7. | CALLED UP SHARE CAPITAL |
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Allotted and issued: |
Number: | Class: | Nominal | 2015 | 2014 |
value: | £ | £ |
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Share capital 1 | £1 |
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