Abbreviated Company Accounts - FARMER PALMER'S PRODUCTS LIMITED

Abbreviated Company Accounts - FARMER PALMER'S PRODUCTS LIMITED

FARMER PALMER'S PRODUCTS LIMITED - Company Information

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Registered Number 06610361

FARMER PALMER'S PRODUCTS LIMITED

Abbreviated Accounts

31 May 2016

FARMER PALMER'S PRODUCTS LIMITED Registered Number 06610361

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 37,215 54,937
37,215 54,937
Current assets
Debtors 101 13,415
Cash at bank and in hand 947 36,333
1,048 49,748
Creditors: amounts falling due within one year (186,353) (232,742)
Net current assets (liabilities) (185,305) (182,994)
Total assets less current liabilities (148,090) (128,057)
Total net assets (liabilities) (148,090) (128,057)
Capital and reserves
Called up share capital 100 100
Profit and loss account (148,190) (128,157)
Shareholders' funds (148,090) (128,057)
  • For the year ending 31 May 2016 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 1 February 2017

And signed on their behalf by:
John Jess, Director

FARMER PALMER'S PRODUCTS LIMITED Registered Number 06610361

Notes to the Abbreviated Accounts for the period ended 31 May 2016

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 amounts receivable for goods and services net of VAT and trade discounts.

2Tangible fixed assets
£
Cost
At 1 June 2015 177,216
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2016 177,216
Depreciation
At 1 June 2015 122,279
Charge for the year 17,722
On disposals -
At 31 May 2016 140,001
Net book values
At 31 May 2016 37,215
At 31 May 2015 54,937