Langdon (Dorset) Farms - Limited company - abbreviated - 11.9

Langdon (Dorset) Farms - Limited company - abbreviated - 11.9

LANGDON (DORSET) FARMS - Company Information

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00365806 1.10.14 30.9.15 30.9.15 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure003658062014-09-30003658062015-09-30003658062014-10-012015-09-30003658062013-09-30003658062013-10-012014-09-30003658062014-09-3000365806ns14:PoundSterling2014-10-012015-09-3000365806ns7:Director12014-10-012015-09-3000365806ns7:OrdinaryShareClass12014-10-012015-09-3000365806ns5:InvestmentProperties2015-09-3000365806ns5:InvestmentProperties2014-09-3000365806ns5:LandBuildingsns5:OwnedOrFreeholdTangibleFixedAssets2014-10-012015-09-3000365806ns5:PlantMachinery2014-10-012015-09-3000365806ns5:MotorVehicles2014-10-012015-09-3000365806ns5:ComputerEquipment2014-10-012015-09-3000365806ns5:InvestmentProperties2014-09-3000365806ns7:OrdinaryShareClass12015-09-3000365806ns7:OrdinaryShareClass12014-09-30
REGISTERED NUMBER: 00365806










ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

LANGDON (DORSET) FARMS

LANGDON (DORSET) FARMS (REGISTERED NUMBER: 00365806)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the year ended 30 September 2015




Page

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 3

LANGDON (DORSET) FARMS (REGISTERED NUMBER: 00365806)

ABBREVIATED BALANCE SHEET
30 September 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 6,335,314 6,201,059
Investment property 3 700,000 700,000
7,035,314 6,901,059

CURRENT ASSETS
Stocks 6,858 6,964
Debtors 12,441 40,475
Investments 31,129 31,107
Cash at bank and in hand 212 22
50,640 78,568
CREDITORS
Amounts falling due within one year 89,228 59,642
NET CURRENT (LIABILITIES)/ASSETS (38,588 ) 18,926
TOTAL ASSETS LESS CURRENT
LIABILITIES
6,996,726
6,919,985

CREDITORS
Amounts falling due after more than one
year
42,117
-
NET ASSETS 6,954,609 6,919,985

CAPITAL AND RESERVES
Called up share capital 4 42,510 42,510
Revaluation reserve 6,204,920 6,204,920
Profit and loss account 707,179 672,555
SHAREHOLDERS' FUNDS 6,954,609 6,919,985

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 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 notes form part of these abbreviated accounts

Page 1 continued...
LANGDON (DORSET) FARMS (REGISTERED NUMBER: 00365806)

ABBREVIATED BALANCE SHEET - continued
30 September 2015


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 17 March 2016 and were signed on its behalf by:





C W W Dupont - Director


The notes form part of these abbreviated accounts

Page 2
LANGDON (DORSET) FARMS (REGISTERED NUMBER: 00365806)

NOTES TO THE ABBREVIATED ACCOUNTS
for the year ended 30 September 2015

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The accounts have been prepared in accordance with applicable accounting standards. The principal accounting
policies adopted in the preparation of the financial statements are set out below and have remained unchanged
from the previous year.

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

Turnover
Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal
course of business.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property - 4% on cost
Plant and machinery - 12.5% on cost
Motor vehicles - 20% on cost
Tractors - 20% on cost

No depreciation is provided on farm land.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
market value is transferred to a revaluation reserve.

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

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The
capital element of the future payments is treated as a liability.

Page 3 continued...
LANGDON (DORSET) FARMS (REGISTERED NUMBER: 00365806)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the year ended 30 September 2015

2. TANGIBLE FIXED ASSETS
Total
£   
COST OR VALUATION
At 1 October 2014 6,545,836
Additions 152,692
Disposals (6,995 )
At 30 September 2015 6,691,533
DEPRECIATION
At 1 October 2014 344,777
Charge for year 13,191
Eliminated on disposal (1,749 )
At 30 September 2015 356,219
NET BOOK VALUE
At 30 September 2015 6,335,314
At 30 September 2014 6,201,059

3. INVESTMENT PROPERTY
Total
£   
COST
At 1 October 2014
and 30 September 2015 700,000
NET BOOK VALUE
At 30 September 2015 700,000
At 30 September 2014 700,000

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
42,510 Ordinary £1 42,510 42,510

5. CONTROL

The company is controlled by its directors.

Page 4