Harpers Heating & Plumbing Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06135705 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

HARPERS HEATING & PLUMBING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

N Harper

P Harper

Mrs H Harper

Mrs J Harper

SECRETARY:

Mrs H Harper

REGISTERED OFFICE:

26 Church Street

Bishop's Stortford

Hertfordshire

CM23 2LY

REGISTERED NUMBER:

06135705 (England and Wales)

ACCOUNTANTS:

Morris Wheeler & Co Limited

Chartered Accountants

26 Church Street

Bishop's Stortford

Hertfordshire

CM23 2LY

FIXED ASSETS

Intangible assets

2

11,040

14,720

Tangible assets

3

28,460

38,968

39,500

53,688

CURRENT ASSETS

Stocks

15,486

14,215

Debtors

70,948

77,081

Cash at bank and in hand

46,802

43,655

133,236

134,951

CREDITORS

Amounts falling due within one year

4

132,834

139,797

NET CURRENT ASSETS/(LIABILITIES)

402

(4,846

)

TOTAL ASSETS LESS CURRENT LIABILITIES

39,902

48,842

CREDITORS

Amounts falling due after more than one year

4

28,198

22,373

NET ASSETS

11,704

26,469

CAPITAL AND RESERVES

Called up share capital

5

1,000

1,000

Profit and loss account

10,704

25,469

SHAREHOLDERS' FUNDS

11,704

26,469

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 31 July 2015 and were signed on its behalf by:

N Harper - Director

P Harper - 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 the value of goods and services provided during the year, exclusive of value

added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due

allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all material 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.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

36,800

AMORTISATION

At 1 April 2014

22,080

Amortisation for year

3,680

At 31 March 2015

25,760

NET BOOK VALUE

At 31 March 2015

11,040

At 31 March 2014

14,720

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

68,962

Additions

777

Disposals

(10,056

)

At 31 March 2015

59,683

DEPRECIATION

At 1 April 2014

29,994

Charge for year

9,258

Eliminated on disposal

(8,029

)

At 31 March 2015

31,223

NET BOOK VALUE

At 31 March 2015

28,460

At 31 March 2014

38,968

4.

CREDITORS

Creditors include an amount of £ 42,373 (31.3.14 - £ 30,398 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

1,000

Ordinary

£1

1,000

1,000

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 two to five) 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 Harpers Heating & Plumbing Limited for the year ended 31 March 2015 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Harpers Heating & Plumbing 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 Harpers Heating & Plumbing Limited and state those matters that we have agreed to state to the Board of Directors of Harpers Heating & Plumbing Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. 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 Harpers Heating & Plumbing 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 Harpers Heating & Plumbing Limited. You consider that Harpers Heating & Plumbing 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 Harpers Heating &

Plumbing 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.

Morris Wheeler & Co Limited

Chartered Accountants

26 Church Street

Bishop's Stortford

Hertfordshire

CM23 2LY

3 August 2015