Registered Number 03184619

AGRI-TEC LIMITED

Abbreviated Accounts

31 March 2014

AGRI-TEC LIMITED Registered Number 03184619

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 330,508 306,643
Investments - -
330,508 306,643
Current assets
Stocks 272,289 231,050
Debtors 221,617 228,308
Investments - -
Cash at bank and in hand 68,242 48,155
562,148 507,513
Prepayments and accrued income - -
Creditors: amounts falling due within one year (308,206) (298,650)
Net current assets (liabilities) 253,942 208,863
Total assets less current liabilities 584,450 515,506
Creditors: amounts falling due after more than one year 0 0
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 584,450 515,506
Capital and reserves
Called up share capital 2 2
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account 584,448 515,504
Shareholders' funds 584,450 515,506
  • For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 December 2014

And signed on their behalf by:
Dawn Croft, Director

AGRI-TEC LIMITED Registered Number 03184619

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax

Tangible assets depreciation policy
Depreciation is provided at 10% (land and buildings) and 15% (plant and machinery)

Valuation information and policy
Stock is values at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2Tangible fixed assets
£
Cost
At 1 April 2013 689,470
Additions 59,859
Disposals (500)
Revaluations -
Transfers -
At 31 March 2014 748,829
Depreciation
At 1 April 2013 382,827
Charge for the year 35,633
On disposals (139)
At 31 March 2014 418,321
Net book values
At 31 March 2014 330,508
At 31 March 2013 306,643