Abbreviated Company Accounts - THE FARM CONSULTANCY LIMITED

Abbreviated Company Accounts - THE FARM CONSULTANCY LIMITED


Registered Number 05724636

THE FARM CONSULTANCY LIMITED

Abbreviated Accounts

28 February 2014

THE FARM CONSULTANCY LIMITED Registered Number 05724636

Abbreviated Balance Sheet as at 28 February 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 1,235 1,646
1,235 1,646
Current assets
Debtors 64 276
Cash at bank and in hand - 8
64 284
Creditors: amounts falling due within one year (16,039) (15,950)
Net current assets (liabilities) (15,975) (15,666)
Total assets less current liabilities (14,740) (14,020)
Total net assets (liabilities) (14,740) (14,020)
Capital and reserves
Called up share capital 3 100 100
Profit and loss account (14,840) (14,120)
Shareholders' funds (14,740) (14,020)
  • For the year ending 28 February 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 2 October 2014

And signed on their behalf by:
Piers King, Director

THE FARM CONSULTANCY LIMITED Registered Number 05724636

Notes to the Abbreviated Accounts for the period ended 28 February 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 25% straight line

Other accounting policies
Pensions
The pension costs charged in the financial statements represent the contribution payable by the
company during the year.
The regular cost of providing retirement pensions and related benefits is charged to the profit and loss account over the employees' service lives on the basis of a constant percentage of earnings.

2Tangible fixed assets
£
Cost
At 1 March 2013 6,725
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2014 6,725
Depreciation
At 1 March 2013 5,079
Charge for the year 411
On disposals -
At 28 February 2014 5,490
Net book values
At 28 February 2014 1,235
At 28 February 2013 1,646
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100