Registered Number 01795962

AGRICULLO LIMITED

Abbreviated Accounts

31 March 2012

AGRICULLO LIMITED Registered Number 01795962

Abbreviated Balance Sheet as at 31 March 2012

Notes 2012 2011
£ £
Fixed assets
Tangible assets 2 183,897 183,917
183,897 183,917
Current assets
Debtors 632,577 611,098
Cash at bank and in hand 44 44
632,621 611,142
Creditors: amounts falling due within one year (139,150) (78,221)
Net current assets (liabilities) 493,471 532,921
Total assets less current liabilities 677,368 716,838
Creditors: amounts falling due after more than one year (109,232) (117,776)
Total net assets (liabilities) 568,136 599,062
Capital and reserves
Called up share capital 50,000 50,000
Revaluation reserve 95,638 95,638
Profit and loss account 422,498 453,424
Shareholders' funds 568,136 599,062
  • For the year ending 31 March 2012 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 5 June 2013

And signed on their behalf by:
J R Welbourn, Director

AGRICULLO LIMITED Registered Number 01795962

Notes to the Abbreviated Accounts for the period ended 31 March 2012

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 January 2005.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less it's estimated residual value, over the useful economic life of the asset.

2Tangible fixed assets
£
Cost
At 1 April 2011 189,720
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2012 189,720
Depreciation
At 1 April 2011 5,803
Charge for the year 20
On disposals -
At 31 March 2012 5,823
Net book values
At 31 March 2012 183,897
At 31 March 2011 183,917

3Transactions with directors

Name of director receiving advance or credit: J R Welbourn
Description of the transaction: Loan
Balance at 1 April 2011: £ 611,098
Advances or credits made: £ 36,041
Advances or credits repaid: £ 14,562
Balance at 31 March 2012: £ 632,577