Tom Hanson & Sons (Hucknall) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 00697911 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

Tom Hanson & Sons (Hucknall) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

C J Hanson

SECRETARY:

C J Hanson

REGISTERED OFFICE:

283 Nottingham Road

Selston

Nottinghamshire

NG16 6AE

REGISTERED NUMBER:

00697911 (England and Wales)

ACCOUNTANTS:

Smith Cookson

Chartered Accountants

4 Yorke Street

Hucknall

Nottinghamshire

NG15 7BT

FIXED ASSETS

Tangible assets

2

42,487

43,146

CURRENT ASSETS

Stocks

5,077

11,121

Debtors

11,348

140

Cash at bank

48,280

58,392

64,705

69,653

CREDITORS

Amounts falling due within one year

47,980

53,528

NET CURRENT ASSETS

16,725

16,125

TOTAL ASSETS LESS CURRENT LIABILITIES

59,212

59,271

PROVISIONS FOR LIABILITIES

497

629

NET ASSETS

58,715

58,642

CAPITAL AND RESERVES

Called up share capital

3

200

200

Profit and loss account

58,515

58,442

SHAREHOLDERS' FUNDS

58,715

58,642

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 25 August 2015 and were signed by:

C J Hanson - 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, except in respect of service contracts

where turnover is recognised when the company obtains the right to consideration.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

57,267

DEPRECIATION

At 1 January 2014

14,121

Charge for year

659

At 31 December 2014

14,780

NET BOOK VALUE

At 31 December 2014

42,487

At 31 December 2013

43,146

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

200

Ordinary

£1

200

200