WILLIAM C. HOCKIN (TANKERS) LIMITED - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08730122 (England and Wales)

Abbreviated Unaudited Accounts

for the Period

14 October 2013 to 30 September 2014

for

WILLIAM C. HOCKIN (TANKERS) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

W C Hockin

B J Hockin

REGISTERED OFFICE:

Gratton Way

Roundswell Industrial Estate

Barnstaple

Devon

EX31 3NL

REGISTERED NUMBER:

08730122 (England and Wales)

ACCOUNTANTS:

Large Chartered Accountants

13 Silver Street

Barnstaple

Devon

EX32 8HR

FIXED ASSETS

Tangible assets

2

1,229,248

CURRENT ASSETS

Debtors

329,038

Cash at bank

74,113

403,151

CREDITORS

Amounts falling due within one year

834,783

NET CURRENT LIABILITIES

(431,632

)

TOTAL ASSETS LESS CURRENT LIABILITIES

797,616

CREDITORS

Amounts falling due after more than one year

(557,171

)

PROVISIONS FOR LIABILITIES

(48,707

)

NET ASSETS

191,738

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

190,738

SHAREHOLDERS' FUNDS

191,738

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2014 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 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 12 June 2015 and were signed on its behalf by:

W C Hockin - Director

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 April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

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

-

15% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,326,236

At 30 September 2014

1,326,236

DEPRECIATION

Charge for period

96,988

At 30 September 2014

96,988

NET BOOK VALUE

At 30 September 2014

1,229,248

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1,000

Ordinary

£1

1,000

1,000 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.