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FOR THE YEAR ENDED
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FINANCIAL STATEMENTS
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Contents
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Page
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Officers and professional advisers
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1
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Directors' report
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2
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Statement of income and retained earnings
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3
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Statement of financial position
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4
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Notes to the financial statements
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6
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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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12
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OFFICERS AND PROFESSIONAL ADVISERS
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The board of directors
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Company secretary
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Registered office
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Accountants
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Chartered accountant
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Tower House
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Lucy Tower Street
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Lincoln
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Lincolnshire
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LN1 1XW
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Bankers
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225 High Street
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Lincoln
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Lincs
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LN2 1AZ
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DIRECTORS' REPORT
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Company Secretary
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Registered office:
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STATEMENT OF INCOME AND RETAINED EARNINGS
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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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Turnover
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Cost of sales
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Gross profit
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Administrative expenses
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Other operating income
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Operating profit
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Other interest receivable and similar income
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Interest payable and similar expenses
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Profit before taxation
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5
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Tax on profit
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(
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---------
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Profit for the financial year and total comprehensive income
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---------
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Dividends paid and payable
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(
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(
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Retained earnings at the start of the year
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Retained earnings at the end of the year
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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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Tangible assets
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6
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Stocks
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Debtors
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7
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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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8
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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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9
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Taxation including deferred tax
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Net assets
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STATEMENT OF FINANCIAL POSITION (continued)
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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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Called up share capital
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Profit and loss account
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Shareholders funds
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Director
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NOTES TO THE FINANCIAL STATEMENTS
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Freehold Property
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-
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Not depreciated
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Tractors
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-
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Harvesters
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-
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Motor Vehicles
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-
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Other Plant & Equipment
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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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Depreciation of tangible assets
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Freehold property
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Plant and machinery
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Fixtures and fittings
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Motor vehicles
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Equipment
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Total
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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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Cost
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At 6 Apr 2017
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Additions
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–
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–
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–
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Disposals
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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 5 Apr 2018
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Depreciation
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At 6 Apr 2017
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Charge for the year
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Disposals
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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 5 Apr 2018
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Carrying amount
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At 5 Apr 2018
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At 5 Apr 2017
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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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–
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Other debtors
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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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Corporation tax
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Social security and other taxes
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Other creditors
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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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MANAGEMENT INFORMATION
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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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