REGISTERED NUMBER: 01923650 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2016

for

Agriservices (Gloshire) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Hemming

Mrs G Hemming

R Hemming

SECRETARY:

Mrs G Hemming

REGISTERED OFFICE:

Fiddington House Farm

Fiddington

Tewkesbury

Gloucestershire

GL20 7BJ

REGISTERED NUMBER:

01923650 (England and Wales)

ACCOUNTANTS:

Holberton and Co

Nortonbury House

37 High Street

Tewkesbury

Gloucestershire

GL20 5BB

FIXED ASSETS

Tangible assets

3

-

75,043

CURRENT ASSETS

Stocks

-

75,144

Debtors

4

-

3,780

Cash at bank

629

4,599

629

83,523

CREDITORS

Amounts falling due within one year

5

464,315

551,010

NET CURRENT LIABILITIES

(463,686

)

(467,487

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(463,686

)

(392,444

)

CREDITORS

Amounts falling due after more than one year

6

34,471

-

NET LIABILITIES

(498,157

)

(392,444

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(498,159

)

(392,446

)

SHAREHOLDERS' FUNDS

(498,157

)

(392,444

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 30 March 2017 and were signed on its behalf by:

P Hemming - Director

1.	STATUTORY INFORMATION

Agriservices (Gloshire) Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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 cost and 10% on cost

Stocks

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

slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws

that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal

of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2016

267,892

Disposals

(267,892

)

At 31 December 2016

-

DEPRECIATION

At 1 January 2016

192,849

Charge for year

78

Eliminated on disposal

(192,927

)

At 31 December 2016

-

NET BOOK VALUE

At 31 December 2016

-

At 31 December 2015

75,043

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade debtors

-

3,780

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Bank loans and overdrafts

5,640

-

Trade creditors

1

-

Taxation and social security

955

955

Other creditors

457,719

550,055

464,315

551,010

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.16

31.12.15

£

£

Bank loans

34,471

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

11,911

-