Halls Oxford Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06991844 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Halls Oxford Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A Hall

Mrs D V Hall

SECRETARY:

REGISTERED OFFICE:

Elizabeth House

Queen Street

Abingdon

Oxfordshire

OX14 3LN

REGISTERED NUMBER:

06991844 (England and Wales)

ACCOUNTANTS:

Webb Teasdale

Elizabeth House

Queen Street

Abingdon

Oxfordshire

OX14 3LN

FIXED ASSETS

Tangible assets

2

418,412

416,461

CURRENT ASSETS

Stocks

9,725

9,540

Debtors

3,798

3,798

Cash at bank and in hand

86,904

65,663

100,427

79,001

CREDITORS

Amounts falling due within one year

311,403

297,985

NET CURRENT LIABILITIES

(210,976

)

(218,984

)

TOTAL ASSETS LESS CURRENT LIABILITIES

207,436

197,477

CREDITORS

Amounts falling due after more than one year

100,858

123,385

NET ASSETS

106,578

74,092

CAPITAL AND RESERVES

Called up share capital

3

200

200

Profit and loss account

106,378

73,892

SHAREHOLDERS' FUNDS

106,578

74,092

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 14 August 2015 and were signed on its behalf by:

A Hall - Director

Mrs D V Hall - 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.

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% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

424,820

Additions

3,909

At 31 March 2015

428,729

DEPRECIATION

At 1 April 2014

8,359

Charge for year

1,958

At 31 March 2015

10,317

NET BOOK VALUE

At 31 March 2015

418,412

At 31 March 2014

416,461

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

200

Ordinary

£1

200

200