REGISTERED NUMBER: 04428649 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

for

Agrid Properties Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

D M T Pritchard

Mrs M C Pritchard

SECRETARY:

Mrs M C Pritchard

REGISTERED OFFICE:

Barnston House

Beacon Lane

Heswall

Wirral

Merseyside

CH60 0EE

REGISTERED NUMBER:

04428649 (England and Wales)

ACCOUNTANTS:

Dufton Kellner Limited

Chartered Accountants

Barnston House

Beacon Lane

Heswall

Wirral

Merseyside

CH60 0EE

FIXED ASSETS

Intangible assets

2

61,237

71,587

Tangible assets

3

389,188

397,809

450,425

469,396

CURRENT ASSETS

Debtors

-

600

Cash at bank and in hand

34,522

26,992

34,522

27,592

CREDITORS

Amounts falling due within one year

4

113,487

134,546

NET CURRENT LIABILITIES

(78,965

)

(106,954

)

TOTAL ASSETS LESS CURRENT LIABILITIES

371,460

362,442

CREDITORS

Amounts falling due after more than one year

4

254,817

262,558

NET ASSETS

116,643

99,884

CAPITAL AND RESERVES

Called up share capital

5

2

2

Profit and loss account

116,641

99,882

SHAREHOLDERS' FUNDS

116,643

99,884

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 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 12 January 2017 and were signed on its behalf by:

Mrs M C Pritchard - 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 January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax. Provision for invoices attributable

to future accounting periods are included in deferred income.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

Freehold property

-

4% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Computer equipment

-

33% on reducing balance

Deferred income

Deposits paid for advance site rentals at the year-end have been included within deferred income and will be

released to turnover in the year to which the deposits relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

and 31 May 2016

207,000

AMORTISATION

At 1 June 2015

135,413

Amortisation for year

10,350

At 31 May 2016

145,763

NET BOOK VALUE

At 31 May 2016

61,237

At 31 May 2015

71,587

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

and 31 May 2016

450,593

DEPRECIATION

At 1 June 2015

52,784

Charge for year

8,621

At 31 May 2016

61,405

NET BOOK VALUE

At 31 May 2016

389,188

At 31 May 2015

397,809

4.

CREDITORS

Creditors include an amount of £ 142,317 (31.5.15 - £ 149,997 ) for which security has been given.

They also include the following debts falling due in more than five years:

31.5.16

31.5.15

£

£

Repayable by instalments

104,817

112,558

5.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

£

2

Ordinary

£1

2

2

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Agrid Properties Limited for the year ended 31 May 2016 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Agrid Properties Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Agrid Properties Limited and state those matters that we have agreed to state to the Board of Directors of Agrid Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Agrid Properties Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Agrid Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Agrid Properties Limited. You consider that Agrid Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Agrid Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Dufton Kellner Limited

Chartered Accountants

Barnston House

Beacon Lane

Heswall

Wirral

Merseyside

CH60 0EE

Date: .............................................