Eau Farm (Swaton) Limited - Limited company - abbreviated - 11.6

Eau Farm (Swaton) Limited - Limited company - abbreviated - 11.6

EAU FARM (SWATON) LIMITED - Company Information

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REGISTERED NUMBER: 01243835 (England and Wales)
















EAU FARM (SWATON) LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014






EAU FARM (SWATON) LIMITED (REGISTERED NUMBER: 01243835)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

Chartered Accountants' Report 5

EAU FARM (SWATON) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2014







DIRECTORS: P S Harborow
S M Watson





SECRETARY: Mrs E M E Harborow





REGISTERED OFFICE: Eau Farm
Swaton
Sleaford
Lincolnshire
NG34 0JL





REGISTERED NUMBER: 01243835 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
Enterprise Way
Pinchbeck
Spalding
Lincolnshire
PE11 3YR
Page 1
EAU FARM (SWATON) LIMITED (REGISTERED NUMBER: 01243835)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 770,152 769,054
Investments 3 93 93
770,245 769,147

CURRENT ASSETS
Valuation 321,569 319,684
Debtors 57,121 47,574
Cash at bank 396,744 380,029
775,434 747,287
CREDITORS
Amounts falling due within one year 112,818 165,836
NET CURRENT ASSETS 662,616 581,451
TOTAL ASSETS LESS CURRENT LIABILITIES 1,432,861 1,350,598

PROVISIONS FOR LIABILITIES 8,290 8,000
NET ASSETS 1,424,571 1,342,598

CAPITAL AND RESERVES
Called up share capital 4 4,800 4,800
Profit and loss account 1,419,771 1,337,798
SHAREHOLDERS' FUNDS 1,424,571 1,342,598

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 9 April 2015 and were signed on its behalf by:





P S Harborow - Director


The notes form part of these abbreviated accounts

Page 2
EAU FARM (SWATON) LIMITED (REGISTERED NUMBER: 01243835)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial
Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover comprises the invoiced value of crops sold and services provided during the year. Revenue is recognised at the
point of delivery.

The Single farm payment is recognised in the financial statements in accordance with current H. M. Revenue & Customs
guidance.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings - 15% on reducing balance
Plant and machinery etc - 50% on reducing balance and 25% on reducing balance

Stocks
Valuation and work in progress are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet
date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme
are charged to the profit and loss account in the period to which they relate.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2013 1,039,051
Additions 13,341
At 30 September 2014 1,052,392
DEPRECIATION
At 1 October 2013 269,997
Charge for year 12,243
At 30 September 2014 282,240
NET BOOK VALUE
At 30 September 2014 770,152
At 30 September 2013 769,054

Page 3 continued...
EAU FARM (SWATON) LIMITED (REGISTERED NUMBER: 01243835)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2014

3. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 October 2013
and 30 September 2014 93
NET BOOK VALUE
At 30 September 2014 93
At 30 September 2013 93

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
800 Ordinary A £1 800 800
4,000 Ordinary B £1 4,000 4,000
4,800 4,800

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
EAU FARM (SWATON) LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial
statements, from which the unaudited abbreviated accounts (set out on pages two to four) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial
statements of Eau Farm (Swaton) Limited for the year ended 30 September 2014 which comprise the Profit and Loss Account, the
Balance Sheet, the Cash Flow Statement, the Statement of Total Recognised Gains and Losses and the related notes from the
company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical
and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Eau Farm (Swaton) Limited, as a body, in accordance with our terms of
engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Eau Farm (Swaton)
Limited and state those matters that we have agreed to state to the Board of Directors of Eau Farm (Swaton) Limited, as a body, in
this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not
accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this
report.

It is your duty to ensure that Eau Farm (Swaton) Limited has kept adequate accounting records and to prepare statutory financial
statements that give a true and fair view of the assets, liabilities, financial position and profit of Eau Farm (Swaton) Limited. You
consider that Eau Farm (Swaton) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Eau Farm (Swaton) Limited. For this
reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have
given to us and we do not, therefore, express any opinion on the statutory financial statements.






Duncan & Toplis Limited
Enterprise Way
Pinchbeck
Spalding
Lincolnshire
PE11 3YR


9 April 2015

This page does not form part of the abbreviated accounts

Page 5