Holtgrove Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02786291

Abbreviated Unaudited Accounts for the Year Ended 28 February 2015

for

Holtgrove Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M L Lee

J L Platt

M Platt

SECRETARY:

J L Platt

REGISTERED OFFICE:

Maritime House

Dock Yard Road

Ellesmere Port

South Wirral

CH65 4EF

REGISTERED NUMBER:

02786291

ACCOUNTANTS:

Haines Watts

3rd Floor

Pacific Chambers

11-13 Victoria Street

Liverpool

Merseyside

L2 5QQ

FIXED ASSETS

Tangible assets

2

418,961

425,261

CURRENT ASSETS

Debtors

240,600

343,600

Cash at bank

-

2,114

240,600

345,714

CREDITORS

Amounts falling due within one year

170,693

170,501

NET CURRENT ASSETS

69,907

175,213

TOTAL ASSETS LESS CURRENT LIABILITIES

488,868

600,474

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

488,768

600,374

SHAREHOLDERS' FUNDS

488,868

600,474

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2015 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 22 June 2015 and were signed on its behalf by:

J L Platt - 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

-

25% reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% reducing balance

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2014

and 28 February 2015

889,709

DEPRECIATION

At 1 March 2014

464,448

Charge for year

6,300

At 28 February 2015

470,748

NET BOOK VALUE

At 28 February 2015

418,961

At 28 February 2014

425,261

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.15

28.2.14

value:

£

£

100

Ordinary

£1

100

100