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REGISTERED NUMBER: 06637484 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Agri-gen Limited

Agri-gen Limited (Registered number: 06637484)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Agri-gen Limited

Company Information
for the Year Ended 31 March 2016







DIRECTORS: J Kemball
G Thorne
M Hughes
R Paul





REGISTERED OFFICE: Talpa Hall
Station Road
Old Newton
Stowmarket
Suffolk
IP14 4HQ





REGISTERED NUMBER: 06637484 (England and Wales)





ACCOUNTANTS: Quove Accounting Ltd
Talpa Hall
Station Road
Old Newton
Stowmarket
Suffolk
IP14 4HQ

Agri-gen Limited (Registered number: 06637484)

Abbreviated Balance Sheet
31 March 2016

31.3.16 31.3.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 9,162,182 8,447,078

CURRENT ASSETS
Stocks 1,014,960 835,010
Debtors 1,480,255 1,386,922
Cash at bank 742,195 -
3,237,410 2,221,932
CREDITORS
Amounts falling due within one year 4,027,689 1,571,669
NET CURRENT (LIABILITIES)/ASSETS (790,279 ) 650,263
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,371,903

9,097,341

CREDITORS
Amounts falling due after more than one
year

3

-

987,884
NET ASSETS 8,371,903 8,109,457

CAPITAL AND RESERVES
Called up share capital 4 6,311,219 6,311,219
Share premium 3,070,143 3,070,143
Profit and loss account (1,009,459 ) (1,271,905 )
SHAREHOLDERS' FUNDS 8,371,903 8,109,457

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Agri-gen Limited (Registered number: 06637484)

Abbreviated Balance Sheet - continued
31 March 2016


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 7 December 2016 and were signed on
its behalf by:





G Thorne - Director


Agri-gen Limited (Registered number: 06637484)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2016

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 goods, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings - at varying rates on cost
Plant and machinery etc - at varying rates 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.

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.
Those held under hire purchase contracts are depreciated over their estimated useful lives. Those
held under finance leases are depreciated over their estimated useful lives or the lease term,
whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant
period. The capital element of the future payments is treated as a liability.

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 April 2015 10,261,122
Additions 1,399,176
At 31 March 2016 11,660,298
DEPRECIATION
At 1 April 2015 1,814,044
Charge for year 684,072
At 31 March 2016 2,498,116
NET BOOK VALUE
At 31 March 2016 9,162,182
At 31 March 2015 8,447,078

Agri-gen Limited (Registered number: 06637484)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2016

3. CREDITORS

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

31.3.16 31.3.15
£    £   
Repayable by instalments - 118,692

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.16 31.3.15
value: £    £   
6,279,001 Ordinary 'A' Shares £1 6,279,001 6,279,001
3,221,770 Ordinary 'B' Shares .01 32,218 32,218
6,311,219 6,311,219