Hampshire Ceilings & Partitions Limited - Limited company - abbreviated

REGISTERED NUMBER: 06478709 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Hampshire Ceilings & Partitions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

V B Mihell

SECRETARY:

KT Accountants Limited

REGISTERED OFFICE:

The Old Surgery

The Drove

High Street

Southwick

Hampshire

PO17 6EB

REGISTERED NUMBER:

06478709 (England and Wales)

ACCOUNTANTS:

KT Accountants Limited

The Old Surgery

The Drove

High Street

Southwick

Hampshire

PO17 6EB

FIXED ASSETS

Tangible assets

2

6,718

8,957

CURRENT ASSETS

Stocks

2,020

70,218

Debtors

9,812

6,376

Cash at bank

5,082

-

16,914

76,594

CREDITORS

Amounts falling due within one year

11,348

62,800

NET CURRENT ASSETS

5,566

13,794

TOTAL ASSETS LESS CURRENT
LIABILITIES

12,284

22,751

CREDITORS

Amounts falling due after more than
one year

3,342

5,700

NET ASSETS

8,942

17,051

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

8,941

17,050

SHAREHOLDERS' FUNDS

8,942

17,051

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 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 28 July 2015 and were signed by:

V B Mihell - 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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

overheads.

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

and 31 March 2015

17,095

DEPRECIATION

At 1 April 2014

8,138

Charge for year

2,239

At 31 March 2015

10,377

NET BOOK VALUE

At 31 March 2015

6,718

At 31 March 2014

8,957

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

1

Ordinary

£1

1

Hampshire Ceilings & Partitions Limited - Limited company - abbreviated - 11.6

Hampshire Ceilings & Partitions Limited - Limited company - abbreviated - 11.6