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for the year ended
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Financial Statements
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Contents
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Pages
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Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements
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1
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Statement of financial position
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2 to 3
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Notes to the financial statements
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4 to 10
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Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of
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Statement of Financial Position
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2018
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2017
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Note
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£
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£
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£
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£
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Tangible assets
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6
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Investments
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7
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Stocks
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8
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Debtors
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9
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Cash at bank and in hand
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Creditors: amounts falling due within one year
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10
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Net current assets
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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11
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Deferred taxation
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Net assets
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Called up share capital
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12
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Share premium account
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Profit and loss account
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Shareholders funds
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Statement of Financial Position (continued)
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Notes to the Financial Statements
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2018
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2017
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£
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£
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UK current tax (income)/expense
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(
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Origination and reversal of timing differences
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-----------
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-----------
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Tax on (loss)/profit
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-----------
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-----------
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At 1st June 2017
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Additions
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Disposals
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At 31st May 2018
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£
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£
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£
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£
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Cost
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Land and buildings
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–
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Plant and machinery
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(
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Fixtures and fittings
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–
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Motor vehicles
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(
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Office equipment
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–
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-------------
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-----------
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-----------
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-------------
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(
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-------------
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-----------
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-----------
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At 1st June 2017
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Charge for the year
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Disposals
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At 31st May 2018
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£
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£
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£
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£
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Depreciation
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Land and buildings
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–
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Plant and machinery
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(
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Fixtures and fittings
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–
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Motor vehicles
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(
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Office equipment
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–
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-------------
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(
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-------------
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At 31st May 2018
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At 31st May 2017
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£
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£
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Carrying amount
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Land and buildings
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Plant and machinery
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Fixtures and fittings
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Motor vehicles
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Office equipment
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4,964,092
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Other investments other than loans
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£
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Cost
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At 1st June 2017
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Disposals
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(
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-----------
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At 31st May 2018
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Impairment
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At 1st June 2017 and 31st May 2018
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–
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Carrying amount
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At 31st May 2018
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At 31st May 2017
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2018
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2017
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£
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£
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Central Wool Growers Limited
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7
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7
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Openfield Grain Limited
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1
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1
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Openfield Producers Limited
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1
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1
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Centaur Storage Limited
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1
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1
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United Oilseeds Marketing Limited
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15
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15
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Holbeach Marsh Co-operative Limited
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600
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600
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Anglia Farmers Limited
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50
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50
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National Milk Records plc
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32
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32
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Lincolnshire Machinery Ring Ltd
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40
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40
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747
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747
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Arla Foods UK Farmers Co-op Ltd
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38,164
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46,116
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Lingrain Services Limited
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5,000
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5,000
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43,911
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51,863
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2018
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2017
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£
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£
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Tenantright and consumables
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Produce on hand
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Livestock
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Herd values
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1,813,524
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2018
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2017
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£
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£
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Trade debtors
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Other debtors
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-----------
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2018
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2017
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£
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£
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Bank loans and overdrafts
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Trade creditors
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Accruals and deferred income
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Corporation tax
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–
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Social security and other taxes
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Obligations under finance leases and hire purchase contracts
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Pension scheme loan
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2018
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2017
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£
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£
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Bank loans and overdrafts
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Obligations under finance leases and hire purchase contracts
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Pension scheme loan
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–
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2018
|
2017
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No.
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£
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No.
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£
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10,000.00
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10,000.00
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31,000.00
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31,000.00
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------------
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------------
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------------
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2018
|
2017
|
|
£
|
£
|
|
Not later than 1 year
|
|
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-----------
|
-----------
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