REGISTERED NUMBER: 00598458 (England and Wales)

Abbreviated Accounts for the Year Ended 31 December 2015

for

Farm Supplies (Dorking) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J H Hall

R Hollamby

SECRETARY:

R Hollamby

REGISTERED OFFICE:

Ansell Road

Dorking

Surrey

RH4 1QW

REGISTERED NUMBER:

00598458 (England and Wales)

ACCOUNTANTS:

MB Accountancy Limited

Peacehaven

Coltstaple Lane

Horsham

West Sussex

RH13 9BB

FIXED ASSETS

Tangible assets

2

195,389

193,094

CURRENT ASSETS

Stocks

106,196

91,424

Debtors

10,776

15,389

Cash in hand

1,246

1,493

118,218

108,306

CREDITORS

Amounts falling due within one year

87,927

85,420

NET CURRENT ASSETS

30,291

22,886

TOTAL ASSETS LESS CURRENT LIABILITIES

225,680

215,980

CAPITAL AND RESERVES

Called up share capital

3

9,800

9,800

Profit and loss account

215,880

206,180

SHAREHOLDERS' FUNDS

225,680

215,980

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 1 February 2016 and were signed on its behalf by:

J H Hall - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

In the opinion of the directors, the freehold buildings are subject to a proper repair and maintenance

program and consequently are not subject to deterioration. Accordingly no provision is made for

depreciation.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

220,400

Additions

3,724

Disposals

(591

)

At 31 December 2015

223,533

DEPRECIATION

At 1 January 2015

27,306

Charge for year

1,283

Eliminated on disposal

(445

)

At 31 December 2015

28,144

NET BOOK VALUE

At 31 December 2015

195,389

At 31 December 2014

193,094

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

£

7,800

'A' shares

£1

7,800

7,800

2,000

'B'shares

£1

2,000

2,000

9,800

9,800