REGISTERED NUMBER: 05618227 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2016

for

ABM Farms Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr Malcolm Harvey Collingwood

Mr Alfred Swinbank

SECRETARY:

Mr David Thomas Scott

REGISTERED OFFICE:

15 Staindrop Road

West Auckland

Bishop Auckland

Co. Durham

DL14 9JU

REGISTERED NUMBER:

05618227 (England and Wales)

ACCOUNTANTS:

David T Scott & Co

Chartered Accountants

15 Staindrop Road

West Auckland

Co. Durham

DL14 9JU

FIXED ASSETS

Tangible assets

2

31,737

23,820

CURRENT ASSETS

Debtors

20,040

14,550

CREDITORS

Amounts falling due within one year

48,296

46,672

NET CURRENT LIABILITIES

(28,256

)

(32,122

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,481

(8,302

)

CREDITORS

Amounts falling due after more than one year

13,290

363

NET LIABILITIES

(9,809

)

(8,665

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(9,909

)

(8,765

)

SHAREHOLDERS' FUNDS

(9,809

)

(8,665

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 30 December 2017 and were signed on its behalf by:

Mr Malcolm Harvey Collingwood - 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.

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

-

33% on cost and 25% on reducing balance

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 December 2015

91,389

Additions

15,000

At 30 November 2016

106,389

DEPRECIATION

At 1 December 2015

67,569

Charge for year

7,083

At 30 November 2016

74,652

NET BOOK VALUE

At 30 November 2016

31,737

At 30 November 2015

23,820

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

£

100

Ordinary

£1.00

100

100