REGISTERED NUMBER: 00735283 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 NOVEMBER 2017 TO 30 APRIL 2018

FOR

A & A FARMERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A J Abbott

A J Luker

SECRETARY:

S Abbott

REGISTERED OFFICE:

Tan yr Eglwys

Ciliau Aeron

Lampeter

Ceredigion

SA48 7SG

REGISTERED NUMBER:

00735283 (England and Wales)

ACCOUNTANTS:

HATFIELD & JOHN

1 NORTH ROAD

ABERAERON

Ceredigion

SA46 0JD

FIXED ASSETS

Tangible assets

3

-

214,762

CURRENT ASSETS

Investments

4

-

431

Cash at bank

440,707

187,926

440,707

188,357

CREDITORS

Amounts falling due within one year

5

94,414

77,854

NET CURRENT ASSETS

346,293

110,503

TOTAL ASSETS LESS CURRENT LIABILITIES

346,293

325,265

PROVISIONS FOR LIABILITIES

-

17,000

NET ASSETS

346,293

308,265

CAPITAL AND RESERVES

Called up share capital

3

3

Revaluation reserve

6

-

110,669

Retained earnings

346,290

197,593

SHAREHOLDERS' FUNDS

346,293

308,265

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2018 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 16 September 2018 and were signed on its behalf by:

A J Abbott - Director

1.	STATUTORY INFORMATION

A & A Farmers Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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 etc

-

25% on reducing balance

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 November 2017

214,549

11,135

225,684

Disposals

(214,549

)

(11,135

)

(225,684

)

At 30 April 2018

-

-

-

DEPRECIATION

At 1 November 2017

-

10,922

10,922

Eliminated on disposal

-

(10,922

)

(10,922

)

At 30 April 2018

-

-

-

NET BOOK VALUE

At 30 April 2018

-

-

-

At 31 October 2017

214,549

213

214,762

Cost or valuation at 30 April 2018 is represented by:

Land and

buildings

£

Valuation in 2013

127,769

The freehold property has been revalued to reflect its potential realisable value as determined by an independent

professional valuation.

4.	CURRENT ASSET INVESTMENTS

30.4.18

31.10.17

£

£

Unlisted investments

-

431

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

31.10.17

£

£

Taxation and social security

23,500

-

Other creditors

70,914

77,854

94,414

77,854

6.

RESERVES

Revaluation

reserve

£

At 1 November 2017

110,669

Freehold property revaluation

(110,669

)

At 30 April 2018

-