H & G (Willington) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08769747 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 11 NOVEMBER 2013 TO 31 DECEMBER 2014

FOR

H & G (WILLINGTON) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs K J Gill

Mr D J White

REGISTERED OFFICE:

4 Fenice Court

Phoenix Business Park

Eaton Socon

St. Neots

Cambridgeshire

PE19 8EP

REGISTERED NUMBER:

08769747 (England and Wales)

ACCOUNTANTS:

Davey Grover Limited

Chartered Accountants

Fenice Court

Phoenix Business Park

Eaton Socon

St. Neots

Cambridgeshire

PE19 8EP

FIXED ASSETS

Intangible assets

2

9,666

Tangible assets

3

88,009

97,675

CURRENT ASSETS

Cash at bank

25,779

CREDITORS

Amounts falling due within one year

105,047

NET CURRENT LIABILITIES

(79,268

)

TOTAL ASSETS LESS CURRENT LIABILITIES

18,407

PROVISIONS FOR LIABILITIES

8,307

NET ASSETS

10,100

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

10,000

SHAREHOLDERS' FUNDS

10,100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 11 August 2015 and were signed on its behalf by:

Mrs K J Gill - 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 goods, excluding value added tax.

Customer acquisition database

The company has invested in a customer acquisition database which is used for marketing and promotional

purposes. Customer information is tracked and updated by the company, and as such, the company believes it

will generate future economic benefits from this. The costs are being amortised over a period of 5 years, being

the estimated useful life.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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

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

period of the lease.

Consolidation

The company and its majority shareholder comprise a small group. The company has taken advantage of the

exemption provided by section 248 of the Companies Act 2006 not to prepare group accounts.

Leasehold improvements

Leasehold improvements are written off over a period of 5 years.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

10,000

At 31 December 2014

10,000

AMORTISATION

Amortisation for period

334

At 31 December 2014

334

NET BOOK VALUE

At 31 December 2014

9,666

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

103,540

At 31 December 2014

103,540

DEPRECIATION

Charge for period

15,531

At 31 December 2014

15,531

NET BOOK VALUE

At 31 December 2014

88,009

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1.00

100

100 Ordinary shares of £1.00 each were allotted and fully paid for cash at par during the period.

5.	ULTIMATE PARENT COMPANY

H&G (Retail) Limited is regarded by the directors as being the company's ultimate parent company.

The company is ultimately controlled by H&G (Retail) Limited by virtue of its shareholding.

Mrs K Gill and Mr D While both hold shares in the ultimate parent company.