Form 11 - Farmers Extract Of Accounts Template (Farming Profit/loss)

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FORM 11
Farming Profit/Loss for the year ended 31 December 2015.
(If you prefer you may use any 12 month accounting period ended in the year ending 31 December 2015.)
Reference to ‘Line No.’, in the ‘shaded’ boxes below, indicate which line the appropriate figure should be entered on the
Extracts from Accounts pages (pages 8 & 9) of the Form 11.
Line No
Expenditure
Receipts
Line No.
Purchases of:
Sales of:
Livestock
Cattle
129
Feedstuffs
Sheep
Fertiliser
Pigs
Seeds, Sprays, etc.
Other Livestock
Crops
126
Agricultural Wages
Milk
131
Non-Family
Wool
Family
Silage, Hay & Straw
Other Farm Produce
Expenses
Other Farm Receipts
132
Agricultural Contractors
Grants/Subsidies:
134
Headage Payments
*Motor Expenses – Relating to
farm business (restricted
Disease Eradication
127
where
Other
relevant)
135
General Repairs/Farm
Maintenance
Payments Received:
Agricultural Contracting
128
Rent of Land
Lease of Plant/Machinery
Veterinary and A.I.
Farm Machinery running costs
(Fuel, Oil, Repairs, etc.)
138
*Insurance – Farming only
(Fire, Storm, Public Liability,
Animal Health, etc.)
*Interest payable in respect of
Agricultural Loans
*Other Farm Expenses
(E.S.B., Telephone, etc.)
*Apportion where necessary to exclude personal (i.e. non-farming) expenses
TOTAL EXPENSES
TOTAL RECEIPTS
LESS TOTAL
EXPENSES
This figure should also be entered at lines 106(a),
FARMING PROFIT
151,
and 107(a) on page 5
or
or
This figure should also be entered at line 106(b) on
FARMING (LOSS)
152
page 5
Remember: do not submit this account with your return of income, instead transfer the relevant data from the above account to pages
5 and 6 of the Form 11E. You should however retain this account with your receipts/records for this year.
This is a guide for your use for this year only and should not be construed to be a general template for calculating your
trading profits/(losses) for tax purposes.

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