REGISTERED NUMBER: 04314099

Financial Statements

for the Year Ended 31 July 2016

for

Agrihyde Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C A Hyde

SECRETARY:

Mrs J M Hyde

REGISTERED OFFICE:

88 Boundary Road

Hove

East Sussex

BN3 7GA

REGISTERED NUMBER:

04314099

ACCOUNTANTS:

Clamp Boxall Ltd

88 Boundary Road

Hove

East Sussex

BN3 7GA

CURRENT ASSETS

Debtors

2

91

180

Investments

3

105,631

101,773

Cash at bank

17,256

11,700

122,978

113,653

CREDITORS

Amounts falling due within one year

4

10,174

6,657

NET CURRENT ASSETS

112,804

106,996

TOTAL ASSETS LESS CURRENT LIABILITIES

112,804

106,996

CAPITAL AND RESERVES

Called up share capital

5

100

100

Revaluation reserve

6

45,675

43,774

Profit and loss account

6

67,029

63,122

SHAREHOLDERS' FUNDS

112,804

106,996

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 29 March 2017 and were signed by:

C A Hyde - 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 goods, excluding value added tax.

Deferred tax

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

balance sheet date.

2.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.16

31.7.15

£

£

Other debtors

91

180

3.	CURRENT ASSET INVESTMENTS

31.7.16

31.7.15

£

£

Listed investments

105,631

101,773

Market value of listed investments at 31 July 2016 - £ 105,631 (2015 - £ 101,773 ).

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.16

31.7.15

£

£

Taxation and social security

1,736

-

Other creditors

8,438

6,657

10,174

6,657

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

£

100

Ordinary share

£1

100

100

6.

RESERVES

Profit

and loss

Revaluation

account

reserve

Totals

£

£

£

At 1 August 2015

63,122

43,774

106,896

Profit for the year

9,907

9,907

Dividends

(6,000

)

(6,000

)

Listed investment revaluation

-

1,901

1,901

At 31 July 2016

67,029

45,675

112,704

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the period the company paid £4,500 (2015: £6,000) in respect of professional services to C.A. Hyde, a

business of which the director is sole proprietor.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is C A Hyde.

The company is controlled by the director, Mr C.A. Hyde, who together with his wife Mrs. J Hyde, holds the

beneficial interest in 85% of the issued share capital.