S Steventon & Co Limited - Accounts to registrar (filleted) - small 18.2
S Steventon & Co Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| S STEVENTON & CO LIMITED |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2018 |
| S STEVENTON & CO LIMITED (REGISTERED NUMBER: 00557536) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 30 April 2018 |
| Page |
| Company information | 1 |
| Balance sheet | 2 |
| Notes to the financial statements | 3 |
| S STEVENTON & CO LIMITED |
| COMPANY INFORMATION |
| for the year ended 30 April 2018 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| SENIOR STATUTORY AUDITOR: |
| AUDITORS: |
| Chartered Accountants |
| and Statutory Auditors |
| Lygon House |
| 50 London Road |
| Bromley |
| Kent |
| BR1 3RA |
| BANKERS: |
| PO Box 39952 |
| 4th Floor, |
| 2 1/2 Devonshire Square |
| London |
| EC2M 4XJ |
| S STEVENTON & CO LIMITED (REGISTERED NUMBER: 00557536) |
| BALANCE SHEET |
| 30 April 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks | 5 |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| S STEVENTON & CO LIMITED (REGISTERED NUMBER: 00557536) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 30 April 2018 |
| 1. | STATUTORY INFORMATION |
| S Steventon & Co Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents sales of properties and farming activities. The turnover is net of VAT. |
| Tangible fixed assets |
| Plant and machinery | - |
| Equipment, Fixtures & fittings | - |
| Motor vehicles | - |
| Farm Buildings are depreciated at 2%. |
| In order to show a true and fair view, the freehold property has not been depreciated. In the directors opinion, the buildings |
| are maintained to a standard which precludes the need for depreciation. |
| Stocks |
| Stock and work in progress is represented by land, buildings, livestock, crops seeds and fertilisers and is valued at the lower |
| of cost and net realisable value. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| S STEVENTON & CO LIMITED (REGISTERED NUMBER: 00557536) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 April 2018 |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold | Farm | Plant and |
| property | Buildings | machinery |
| £ | £ | £ |
| COST OR VALUATION |
| At 1 May 2017 |
| Disposals | ( |
) |
| At 30 April 2018 |
| DEPRECIATION |
| At 1 May 2017 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30 April 2018 |
| NET BOOK VALUE |
| At 30 April 2018 |
| At 30 April 2017 |
| Equipment, |
| Fixtures | Motor |
| & fittings | vehicles | Totals |
| £ | £ | £ |
| COST OR VALUATION |
| At 1 May 2017 |
| Disposals | ( |
) | ( |
) |
| At 30 April 2018 |
| DEPRECIATION |
| At 1 May 2017 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30 April 2018 |
| NET BOOK VALUE |
| At 30 April 2018 |
| At 30 April 2017 |
| S STEVENTON & CO LIMITED (REGISTERED NUMBER: 00557536) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 April 2018 |
| 4. | TANGIBLE FIXED ASSETS - continued |
| Cost or valuation at 30 April 2018 is represented by: |
| Freehold | Farm | Plant and |
| property | Buildings | machinery |
| £ | £ | £ |
| Valuation in 2018 | 134,772 | - | - |
| Cost | 265,228 | 327,596 | 29,084 |
| 400,000 | 327,596 | 29,084 |
| Equipment, |
| Fixtures | Motor |
| & fittings | vehicles | Totals |
| £ | £ | £ |
| Valuation in 2018 | - | - | 134,772 |
| Cost | 10,548 | 53,083 | 685,539 |
| 10,548 | 53,083 | 820,311 |
| The properties were revalued by the directors at the value the directors consider is a market rate. |
| 5. | STOCKS |
| 2018 | 2017 |
| £ | £ |
| Farm stock |
| Stock (16 North Street) |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| S STEVENTON & CO LIMITED (REGISTERED NUMBER: 00557536) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 April 2018 |
| 8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the auditors was unqualified. |
| for and on behalf of |
| 9. | CONTINGENT LIABILITIES |
| The company has guaranteed loans and overdraft facilities to Park Rutland Investments (London) Limited. |
| 10. | ULTIMATE CONTROLLING PARTY |
| The directors are considered to be the ultimate controlling party by virtue of their ability to act in respect of the operational |
| and financial policies of the company. |