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REGISTERED NUMBER: 03701028 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2018

for

Goughs Farm Produce Ltd

Goughs Farm Produce Ltd (Registered number: 03701028)






Contents of the Financial Statements
for the Year Ended 30 April 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Goughs Farm Produce Ltd

Company Information
for the Year Ended 30 April 2018







DIRECTOR: P Gough





SECRETARY: L F Smith





REGISTERED OFFICE: 552-554 Bristol Road
Selly Oak
Birmingham
B29 6BD





REGISTERED NUMBER: 03701028 (England and Wales)





ACCOUNTANTS: Clearline Business Consultants Ltd
552-554 Bristol Road
Selly Oak
Birmingham
West Midlands
B29 6BD

Goughs Farm Produce Ltd (Registered number: 03701028)

Balance Sheet
30 April 2018

30.4.18 30.4.17
Notes £    £   
CURRENT ASSETS
Debtors 5 119,502 177,702
Cash at bank 208,908 203,702
328,410 381,404
CREDITORS
Amounts falling due within one year 6 163,950 201,244
NET CURRENT ASSETS 164,460 180,160
TOTAL ASSETS LESS CURRENT
LIABILITIES

164,460

180,160

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 164,458 180,158
SHAREHOLDERS' FUNDS 164,460 180,160

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 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.

Goughs Farm Produce Ltd (Registered number: 03701028)

Balance Sheet - continued
30 April 2018


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 director on 7 September 2018 and were signed
by:





P Gough - Director


Goughs Farm Produce Ltd (Registered number: 03701028)

Notes to the Financial Statements
for the Year Ended 30 April 2018

1. STATUTORY INFORMATION

Goughs Farm Produce Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year 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 year 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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

Goughs Farm Produce Ltd (Registered number: 03701028)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2018

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2017
and 30 April 2018 332
DEPRECIATION
At 1 May 2017
and 30 April 2018 332
NET BOOK VALUE
At 30 April 2018 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.18 30.4.17
£    £   
Trade debtors 119,119 177,569
Other debtors 383 133
119,502 177,702

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.18 30.4.17
£    £   
Trade creditors 138,156 158,133
Taxation and social security - 11,936
Other creditors 25,794 31,175
163,950 201,244