Registered Number
:
02532133
|
For the year ended 30 September 2018
England and Wales
Unaudited Financial Statements
For the year ended 30 September 2018
Holcombe Manor Farm Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Holcombe Manor Farm Ltd
Statement of Financial Position
2017
2018
9,046
11,308
2
Property
,
plant and equipment
|
1,613,309
1,185,962
3
1,622,355
1,197,270
178,804
135,956
4
Trade and other receivables
|
345,200
231,067
5
367,023
524,004
Trade and other payables
:
amounts falling due within one
|
year
|
(819,306)
(351,300)
6
(295,302)
15,723
Net current assets
Total assets less current liabilities
|
1,638,078
901,968
Trade and other payables
:
amounts falling due after more
|
than one year
|
(398,095)
(1,031,626)
7
606,452
Net assets
503,873
100,000
100,000
74,118
74,118
8
432,334
329,755
606,452
503,873
Shareholders' funds
For the year ended 30 September 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 22 May 2019 and were signed by:
|
1 of 5
For the year ended 30 September 2018
Holcombe Manor Farm Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
|
2 of 5
For the year ended 30 September 2018
Holcombe Manor Farm Ltd
Notes to the Financial Statements
Statutory Information
Holcombe Manor Farm Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
02532133
.
|
Principal place of business
:
|
Holcombe Manor Farm
Ottery St Mary
Devon
EX11 1PG
Forest Lodge
Forest Road
Pyrford
Surrey
GU22 8NA
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
|
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of 20 years.
|
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. 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 and buildings
Plant and machinery
6.67 % -25 % Reducing balance
|
Motor vehicles
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
|
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
|
3 of 5
For the year ended 30 September 2018
Holcombe Manor Farm Ltd
Notes to the Financial Statements Continued
2
.
Intangible fixed assets
|
Goodwill
45,233
45,233
33,925
2,262
Charge for year
36,187
9,046
11,308
3
.
Property
,
plant and equipment
|
Motor vehicles
1,802,170
44,935
728,538
1,028,697
464,107
-
128,490
335,617
1,364,314
857,028
44,935
2,266,277
Provision for depreciation and impairment
|
616,208
38,362
314,966
262,880
Charge for year
36,760
1,884
26,577
8,299
652,968
40,246
341,543
271,179
1,093,135
515,485
4,689
1,613,309
765,817
413,572
6,573
1,185,962
2017
2018
135,956
178,804
4 of 5
For the year ended 30 September 2018
Holcombe Manor Farm Ltd
Notes to the Financial Statements Continued
5
.
Trade and other receivables
|
2017
2018
161,433
229,662
69,634
115,538
345,200
231,067
6
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
Bank loans and overdraft
(
secured
)
|
130,930
109,383
68,367
245,415
109,586
59,383
Taxation and social security
|
13,250
40,286
29,167
364,839
351,300
819,306
7
.
Trade and other payables
:
amounts falling due after more than one year
|
2017
2018
Bank loans and overdraft
(
secured
)
|
706,626
398,095
325,000
-
1,031,626
398,095
Revaluation reserve at
01
October
2017
|
74,118
74,118
Revaluation reserve at
30
September
2018
|
9
.
Related party transactions
|
Mr K M Hearley and Mrs J A Oughtibridge
,
two of the directors of the company
,
have given a joint and several
|
guarantee to the bank of £
1
,
100
.
000
.
|
10
.
Average number of persons employed
|
During the year the average number of employees was 6 (2017 : 7)
5 of 5