NIAGRO_LIMITED - Accounts

NIAGRO LIMITED - Company Information

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Company Registration No. NI060917 (Northern Ireland)

NIAGRO LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014

NIAGRO LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

NIAGRO LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2014

- 1 -

2014

2013

Notes

Fixed assets

Investments

587,755

Current assets

Debtors

525,346

614,046

Cash at bank and in hand

8,063

8,097

533,409

622,143

Creditors: amounts falling due within one year

(47,976)

(48,048)

Net current assets

485,433

574,095

Total assets less current liabilities

1,073,188

1,161,850

Capital and reserves

Called up share capital

100

Profit and loss account

1,073,088

1,161,750

Shareholders' funds

1,073,188

1,161,850

For the financial year ended 30 September 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 19 December 2014

Mr C W J Coffey

Director

Company Registration No. NI060917

NIAGRO LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014

- 2 -

Accounting policies

1.1

Accounting convention

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

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

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

1.4

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

On 17th April 2007 the company acquired the complete issued share capital of Clarendon Agricare Limited.

1.5

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

Fixed assets

Investments

Cost

At 1 October 2013 & at 30 September 2014

587,755

At 30 September 2013

587,755

Share capital

2014

2013

Allotted, called up and fully paid

50 Ordinary A & B Shares of £1 each

50 Ordinary C & D Shares of £1 each

100