Marshfield Traditional Farm Limited
|
Registered number: |
05382571
|
Abbreviated Balance Sheet |
as at 30 April 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
- |
|
|
3,200 |
Tangible assets |
3 |
|
|
28,721 |
|
|
9,128 |
|
|
|
|
28,721 |
|
|
12,328 |
|
Current assets |
Stocks |
|
|
47,000 |
|
|
47,000 |
Cash at bank and in hand |
|
|
4,642 |
|
|
(426) |
|
|
|
51,642 |
|
|
46,574 |
|
Creditors: amounts falling due within one year |
|
|
(65,288) |
|
|
(32,871) |
|
Net current (liabilities)/assets |
|
|
|
(13,646) |
|
|
13,703 |
|
Net assets |
|
|
|
15,075 |
|
|
26,031 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
14,975 |
|
|
25,931 |
|
Shareholders' funds |
|
|
|
15,075 |
|
|
26,031 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
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 provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
Dawn Brooks |
Director |
Approved by the board on 29 January 2016
|
|
Marshfield Traditional Farm Limited
|
Notes to the Abbreviated Accounts |
for the year ended 30 April 2015
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line
|
|
Motor vehicles |
20% straight line
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 May 2014 |
32,000 |
|
At 30 April 2015 |
32,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 May 2014 |
28,800 |
|
Provided during the year |
3,200 |
|
At 30 April 2015 |
32,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2015 |
- |
|
At 30 April 2014 |
3,200 |
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 May 2014 |
90,833 |
|
Additions |
25,086 |
|
At 30 April 2015 |
115,919 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 May 2014 |
81,705 |
|
Charge for the year |
5,493 |
|
At 30 April 2015 |
87,198 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2015 |
28,721 |
|
At 30 April 2014 |
9,128 |
|
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|