REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 MAY 2012 |
FOR |
AGRIMET LTD |
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 MAY 2012 |
FOR |
AGRIMET LTD |
AGRIMET LTD (REGISTERED NUMBER: 01867213) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
for the Year Ended 31 May 2012 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Report of the Accountants | 6 |
AGRIMET LTD |
COMPANY INFORMATION |
for the Year Ended 31 May 2012 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
AGRIMET LTD (REGISTERED NUMBER: 01867213) |
ABBREVIATED BALANCE SHEET |
31 May 2012 |
31.5.12 | 31.5.11 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) | ( |
) |
CREDITORS |
Amounts falling due after more than one year |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges his 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. |
AGRIMET LTD (REGISTERED NUMBER: 01867213) |
ABBREVIATED BALANCE SHEET - continued |
31 May 2012 |
The financial statements were approved by the director on |
AGRIMET LTD (REGISTERED NUMBER: 01867213) |
NOTES TO THE ABBREVIATED ACCOUNTS |
for the Year Ended 31 May 2012 |
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 |
Plant and machinery | - |
Motor vehicles | - |
Stocks |
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance |
for obsolete and slow moving items. |
Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
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. |
Deferred taxation |
No provision is made for deferred taxation as in the opinion of the director there is no reasonable probability that |
an asset or liability will crystallise in the near future. |
Going concern |
The company has net liabilities and is reliant on its director injecting funds to enable it to continue trading. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 June 2011 |
and 31 May 2012 |
DEPRECIATION |
At 1 June 2011 |
Charge for year |
At 31 May 2012 |
NET BOOK VALUE |
At 31 May 2012 |
At 31 May 2011 |
AGRIMET LTD (REGISTERED NUMBER: 01867213) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
for the Year Ended 31 May 2012 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.5.12 | 31.5.11 |
value: | £ | £ |
Ordinary | £1 |
4. | TRANSACTIONS WITH DIRECTOR |
The following loan to directors subsisted during the years ended 31 May 2012 and 31 May 2011: |
31.5.12 | 31.5.11 |
£ | £ |
Balance outstanding at start of year | ( |
) | ( |
) |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Balance outstanding at end of year | ( |
) | ( |
) |
AGRIMET LTD |
REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF |
AGRIMET LTD |
The following reproduces the text of the report prepared for the director 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. |
As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended |
31 May 2012 set out on pages three to nine and you consider that the company is exempt from an audit. |
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to |
fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
16 May 2013 |