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REGISTERED NUMBER: 01204518













ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

FOR

MASSEY FARMERS (GARTON) LIMITED

MASSEY FARMERS (GARTON) LIMITED (REGISTERED NUMBER: 01204518)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016










Page

Company Information 1

Chartered Certified Accountants' Report 2

Abbreviated Balance Sheet 3

Notes to the Abbreviated Accounts 5

MASSEY FARMERS (GARTON) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2016







DIRECTORS: D C Massey
Mrs V Massey
C C Massey
M D Massey





SECRETARY: Mrs V Massey





REGISTERED OFFICE: Manor House Farm
Main Street
Garton on the Wolds
Driffield
East Yorkshire
YO25 3EU





REGISTERED NUMBER: 01204518





ACCOUNTANTS: Bradbury & Co (Accountants) Limited
Chartered Tax Advisers and Accountants
Driffield

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
MASSEY FARMERS (GARTON) LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's
annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on
pages three to six) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Massey Farmers (Garton) Limited for the year ended 30 June 2016 which comprise the
Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and
from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Massey Farmers (Garton) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Massey Farmers (Garton) Limited and state those matters that we have agreed to state to the Board of Directors of Massey Farmers (Garton) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Massey Farmers (Garton) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Massey Farmers (Garton) Limited. You consider that Massey Farmers (Garton) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Massey Farmers (Garton) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bradbury & Co (Accountants) Limited
Chartered Tax Advisers and Accountants
Driffield


Date: .............................................

MASSEY FARMERS (GARTON) LIMITED (REGISTERED NUMBER: 01204518)

ABBREVIATED BALANCE SHEET
30 JUNE 2016

2016 2015
Notes £    £   
FIXED ASSETS
Tangible assets 2 710,517 736,093
Investments 3 624,034 614,948
1,334,551 1,351,041

CURRENT ASSETS
Stocks 114,713 124,589
Debtors 10,401 10,509
Cash at bank 172,891 168,803
298,005 303,901
CREDITORS
Amounts falling due within one year (146,197 ) (173,381 )
NET CURRENT ASSETS 151,808 130,520
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,486,359

1,481,561

CREDITORS
Amounts falling due after more than one
year

(13,026

)

-

PROVISIONS FOR LIABILITIES (77,500 ) (73,500 )
NET ASSETS 1,395,833 1,408,061

CAPITAL AND RESERVES
Called up share capital 4 10,000 10,000
Profit and loss account 1,385,833 1,398,061
SHAREHOLDERS' FUNDS 1,395,833 1,408,061

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 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.

MASSEY FARMERS (GARTON) LIMITED (REGISTERED NUMBER: 01204518)

ABBREVIATED BALANCE SHEET - continued
30 JUNE 2016


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 20 January 2017 and were signed on its
behalf by:





D C Massey - Director


MASSEY FARMERS (GARTON) LIMITED (REGISTERED NUMBER: 01204518)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016


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 is the total amount, excluding value added tax, receivable by the company for goods sold and
services provided.

Depreciation
The cost of tangible fixed assets is written off by equal instalments over their expected useful lives as
follows:

Per annum
%

Tractors, combines and motor vehicles 20
Machinery and implements 15

Freehold land is not depreciated. Freehold property would normally be depreciated at a rate of 2% per
annum. However, no depreciation is provided as the company has a policy and practice of regular
maintenance and repair, such that the asset is kept to its previously assessed standard of performance.
Accordingly, the director considers that the life of the freehold property is so long and the residual value
so high that both depreciation and accumulated depreciation are insignificant . The carrying values of
tangible fixed assets are reviewed for impairment each period to consider if events or changes in
circumstances indicate the carrying values may not be receivable.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete
and slow moving items.

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

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.
Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held
under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the
shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant
period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to the profit and loss account in the period to which they relate.

Investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.

MASSEY FARMERS (GARTON) LIMITED (REGISTERED NUMBER: 01204518)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 JUNE 2016


2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 July 2015 1,087,079
Additions 119,575
Disposals (105,530 )
At 30 June 2016 1,101,124
DEPRECIATION
At 1 July 2015 350,986
Charge for year 74,243
Eliminated on disposal (34,622 )
At 30 June 2016 390,607
NET BOOK VALUE
At 30 June 2016 710,517
At 30 June 2015 736,093

3. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 July 2015 614,948
Additions 9,086
At 30 June 2016 624,034
NET BOOK VALUE
At 30 June 2016 624,034
At 30 June 2015 614,948

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
10,000 Ordinary £1 10,000 10,000

The above authorised, allotted, issued and fully paid share capital is divided between 8,800 'A' shares,
1,000 'B' shares, 100 'C' shares, and 100 'D' shares.