Hughes Blaendyffryn Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04630439 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Hughes Blaendyffryn Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

W D E Hughes

SECRETARY:

Mrs E M Hughes

REGISTERED OFFICE:

The Old School

The Quay

Carmarthen

Carmarthenshire

SA31 3JP

REGISTERED NUMBER:

04630439 (England and Wales)

FIXED ASSETS

Intangible assets

2

-

78,789

Tangible assets

3

201,124

183,495

201,124

262,284

CURRENT ASSETS

Stocks

101,410

95,405

Debtors

15,323

21,626

Investments

12,618

12,618

Cash at bank

103,101

87,705

232,452

217,354

CREDITORS

Amounts falling due within one year

39,027

51,152

NET CURRENT ASSETS

193,425

166,202

TOTAL ASSETS LESS CURRENT LIABILITIES

394,549

428,486

PROVISIONS FOR LIABILITIES

19,086

17,151

NET ASSETS

375,463

411,335

CAPITAL AND RESERVES

Called up share capital

4

3

3

Profit and loss account

375,460

411,332

SHAREHOLDERS' FUNDS

375,463

411,335

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 24 September 2015 and were signed by:

W D E Hughes - 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 etc

-

20% 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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

127,787

Disposals

(62,457

)

At 31 March 2015

65,330

AMORTISATION

At 1 April 2014

48,998

Amortisation for year

16,332

At 31 March 2015

65,330

NET BOOK VALUE

At 31 March 2015

-

At 31 March 2014

78,789

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

248,007

Additions

46,142

At 31 March 2015

294,149

DEPRECIATION

At 1 April 2014

64,512

Charge for year

28,513

At 31 March 2015

93,025

NET BOOK VALUE

At 31 March 2015

201,124

At 31 March 2014

183,495

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

1

'A' Ordinary

£1

1

1

1

'B' Ordinary

£1

1

1

1

'C' & 'D' Ordinary

£1

1

1

3

3