Herne Farm Limited - Accounts to registrar (filleted) - small 18.2
Herne Farm Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2018 |
FOR |
HERNE FARM LIMITED |
HERNE FARM LIMITED (REGISTERED NUMBER: 01130732) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2018 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
HERNE FARM LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31ST DECEMBER 2018 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
24 Park Road South |
Havant |
Hampshire |
PO9 1HB |
BANKERS: |
4 High Street |
Petersfield |
Hampshire |
GU32 3JF |
HERNE FARM LIMITED (REGISTERED NUMBER: 01130732) |
BALANCE SHEET |
31ST DECEMBER 2018 |
2018 | 2017 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks |
Debtors | 4 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Other reserves |
Retained earnings |
The directors acknowledge their 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors on behalf by: |
HERNE FARM LIMITED (REGISTERED NUMBER: 01130732) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2018 |
1. | STATUTORY INFORMATION |
Herne Farm Limited is a |
registered number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The accounts have been prepared under the historical cost convention and in accordance with the Financial |
Reporting Standard (FRS) 102 Section 1A. FRS 102 has been adopted for the third time in preparing these |
accounts. The date of transition was 1 January 2015 and the last accounts prepared under the previous |
financial reporting framework were for the year ended 31 December 2015. There has been no impact on the |
accounts as a result of the transition. |
The financial statements contain information about Herne Farm Limited as an individual entity. |
The presentation currency of the financial statements is the Pound Sterling (£) and is rounded to the nearest |
whole Pound Sterling (£). |
Turnover |
Turnover represents management charges and other income earning activities for the year. |
Stocks |
Stocks in the Bar are stated at the lower of cost and estimated selling price. |
Freehold property |
The Leisure Centre was transferred to the Company by Kebbell Developments Limited on 3 July 1981. There |
was no cost to the company, other than for legal and survey fees which have been written off in the Profit & |
Loss Account. |
In 1980 the value of the freehold property was estimated by Kebbell Developments Limited to be £250,000. The |
directors believe it would be misleading to the shareholders to bring in a valuation of the property since it |
cannot be sold as it forms part of the overall Herne Farm Scheme. |
Pensions |
The company operates a defined contribution pension scheme with NEST and the pension charge represents |
the amounts payable by the company to the fund in respect of the year. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Trade debtors |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |