REGISTERED NUMBER: 06457377 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

FOR

AGROCHEMEX INTERNATIONAL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A J Wilson

A W Gamblin

SECRETARY:

Mrs L A Gamblin

REGISTERED OFFICE:

Kingfisher House

11 Hoffmanns Way

Chelmsford

Essex

CM1 1GU

REGISTERED NUMBER:

06457377 (England and Wales)

ACCOUNTANTS:

Lucentum Ltd

Kingfisher House

11 Hoffmanns Way

Chelmsford

Essex

CM1 1GU

FIXED ASSETS

Intangible assets

2

-

1

Tangible assets

3

25,960

14,069

25,960

14,070

CURRENT ASSETS

Debtors

135,294

132,332

Cash at bank

391,481

239,365

526,775

371,697

CREDITORS

Amounts falling due within one year

304,671

182,300

NET CURRENT ASSETS

222,104

189,397

TOTAL ASSETS LESS CURRENT LIABILITIES

248,064

203,467

CREDITORS

Amounts falling due after more than one year

4

(205,722

)

(205,722

)

PROVISIONS FOR LIABILITIES

(5,192

)

(2,814

)

NET ASSETS/(LIABILITIES)

37,150

(5,069

)

CAPITAL AND RESERVES

Called up share capital

5

100

100

Profit and loss account

37,050

(5,169

)

SHAREHOLDERS' FUNDS

37,150

(5,069

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 27 June 2016 and were signed on its behalf by:

A W Gamblin - 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 the net sales of technical testing and analysis.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of three years.

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

-

20% on reducing balance

Fixtures and equipment

-

33% on cost

Deferred tax

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

the balance sheet date.

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

25,000

AMORTISATION

At 1 May 2015

24,999

Amortisation for year

1

At 30 April 2016

25,000

NET BOOK VALUE

At 30 April 2016

-

At 30 April 2015

1

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

27,215

Additions

16,279

At 30 April 2016

43,494

DEPRECIATION

At 1 May 2015

13,146

Charge for year

4,388

At 30 April 2016

17,534

NET BOOK VALUE

At 30 April 2016

25,960

At 30 April 2015

14,069

4.

CREDITORS

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

30.4.16

30.4.15

£

£

Repayable otherwise than by instalments

205,722

205,722

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

£

100

Ordinary

£1

100

100

6.	RELATED PARTY DISCLOSURES