Company Registration No. 08829909 (England and Wales)
A Carter Agricultural Services Limited
Unaudited accounts
for the year ended 31 January 2020
A Carter Agricultural Services Limited
Unaudited accounts
Contents
A Carter Agricultural Services Limited
Company Information
for the year ended 31 January 2020
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
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
A Carter Agricultural Services Limited
Statement of financial position
as at
31 January 2020
Tangible assets
155,789
153,483
Creditors: amounts falling due within one year
(73,767)
(79,171)
Net current liabilities
(61,627)
(64,494)
Total assets less current liabilities
94,162
88,989
Creditors: amounts falling due after more than one year
(107,604)
(104,897)
Provisions for liabilities
Deferred tax
(29,600)
(23,797)
Net liabilities
(43,042)
(39,705)
Called up share capital
1
1
Profit and loss account
(43,043)
(39,706)
Shareholders' funds
(43,042)
(39,705)
For the year ending 31 January 2020 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.
The financial statements were approved by the Board and authorised for issue on 9 June 2020 and were signed on its behalf by
A Carter
Director
Company Registration No. 08829909
A Carter Agricultural Services Limited
Notes to the Accounts
for the year ended 31 January 2020
A Carter Agricultural Services Limited is a private company, limited by shares, registered in England and Wales, registration number 08829909. The registered office 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 1 February 2019
190,165
At 31 January 2020
201,857
At 1 February 2019
36,682
Charge for the year
20,186
At 31 January 2020
46,068
At 31 January 2020
155,789
At 31 January 2019
153,483
A Carter Agricultural Services Limited
Notes to the Accounts
for the year ended 31 January 2020
Trade debtors
12,056
14,677
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
5,999
5,990
Obligations under finance leases and hire purchase contracts
14,641
19,468
Trade creditors
35,555
42,687
Taxes and social security
13,795
7,197
Other creditors
3,062
3,062
Loans from directors
-
767
7
Creditors: amounts falling due after more than one year
2020
2019
Obligations under finance leases and hire purchase contracts
81,104
78,397
Other creditors
26,500
26,500
8
Share capital
2020
2019
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2019: 1).