Registered Number 01994962
CHERRY HOLT GARDEN CENTRE LIMITED
Micro-entity Accounts
31 December 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 1 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Prepayments and accrued income |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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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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Total net assets (liabilities) |
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( |
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Capital and reserves | |||
Called up share capital | 2 |
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Profit and loss account |
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( |
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Shareholders' funds |
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( |
Approved by the Board on
And signed on their behalf by:
£ | |
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Cost | |
At 1 January 2016 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 December 2016 |
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Depreciation | |
At 1 January 2016 |
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Charge for the year |
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On disposals |
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At 31 December 2016 |
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Net book values | |
At 31 December 2016 | 200,656 |
At 31 December 2015 | 204,624 |
3 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.
Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Depreciation method and rate
Plant and machinery 15% Reducing balance
Fixtures and fittings 15% Reducing balance
Motor vehicles 25% Reducing balance