Company Registration No. 08829909 (England and Wales)
A Carter Agricultural Services Limited
Unaudited accounts
for the year ended 31 January 2017
A Carter Agricultural Services Limited
Unaudited accounts
Contents
A Carter Agricultural Services Limited
Company Information
for the year ended 31 January 2017
Company Number
08829909 (England and Wales)
Registered Office
THE CORNER HOUSE
23 MARKET STREET
CRAVEN ARMS
SHROPSHIRE
SY7 9NW
Accountants
S A Acc'y Ltd
The Corner House
23 Market Street
Craven Arms
Shropshire
SY7 9NW
A Carter Agricultural Services Limited
Statement of financial position
as at
31 January 2017
Tangible assets
92,490
106,810
Cash at bank and in hand
4,837
3,772
Creditors: amounts falling due within one year
(54,018)
(48,579)
Net current liabilities
(45,793)
(34,259)
Total assets less current liabilities
46,697
72,551
Creditors: amounts falling due after more than one year
(60,986)
(86,299)
Provisions for liabilities
Deferred tax
(10,699)
(9,429)
Net liabilities
(24,988)
(23,177)
Called up share capital
1
1
Profit and loss account
(24,989)
(23,178)
Shareholders' funds
(24,988)
(23,177)
For the year ending 31 January 2017 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 16 October 2017.
A Carter
Director
Company Registration No. 08829909
A Carter Agricultural Services Limited
Notes to the Accounts
for the year ended 31 January 2017
A Carter Agricultural Services Limited is a private company, limited by shares, registered in England and Wales, registration number 08829909. The registered office and principal place of business is THE CORNER HOUSE, 23 MARKET STREET, CRAVEN ARMS, SHROPSHIRE, SY7 9NW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 January 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% per annum on cost
Motor vehicles
25% per annum on cost
A Carter Agricultural Services Limited
Notes to the Accounts
for the year ended 31 January 2017
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2016
117,200
5,200
122,400
Disposals
-
(5,200)
(5,200)
At 31 January 2017
117,200
-
117,200
At 1 February 2016
12,990
2,600
15,590
Charge for the year
11,720
-
11,720
On disposals
-
(2,600)
(2,600)
At 31 January 2017
24,710
-
24,710
At 31 January 2017
92,490
-
92,490
At 31 January 2016
104,210
2,600
106,810
Trade debtors
3,388
6,344
6
Creditors: amounts falling due within one year
2017
2016
Obligations under finance leases and hire purchase contracts
11,131
17,095
Trade creditors
35,704
31,362
Taxes and social security
3,731
122
Loans from directors
2,696
-
7
Creditors: amounts falling due after more than one year
2017
2016
Obligations under finance leases and hire purchase contracts
34,486
45,799
Other creditors
26,500
40,500
8
Share capital
2017
2016
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
A Carter Agricultural Services Limited
Notes to the Accounts
for the year ended 31 January 2017
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).