Hilary A Williams Management Limited - Limited company - abbreviated

REGISTERED NUMBER: 05211687 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 January 2015

for

Hilary A Williams Management Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S K M Williams

Mrs H A Williams

SECRETARY:

Miss L Sheppard

REGISTERED OFFICE:

Harmile House

54 St. Mary's Lane

Upminster

Essex

RM14 2QT

REGISTERED NUMBER:

05211687 (England and Wales)

CURRENT ASSETS

Stocks

7,399

4,000

Debtors

249,583

392,301

Cash at bank

206,969

3,434

463,951

399,735

CREDITORS

Amounts falling due within one year

222,067

160,164

NET CURRENT ASSETS

241,884

239,571

TOTAL ASSETS LESS CURRENT
LIABILITIES

241,884

239,571

CREDITORS

Amounts falling due after more than one
year

150,000

NET ASSETS

91,884

89,571

CAPITAL AND RESERVES

Called up share capital

2

1,000,000

Profit and loss account

(908,116

)

(910,429

)

SHAREHOLDERS' FUNDS

91,884

89,571

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 6 October 2015 and were signed on its behalf by:

S K M Williams - 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.

STOCKS

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

moving items.

FOREIGN CURRENCIES

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.15

31.1.14

value:

£

1,000,000

Ordinary

£1

1,000,000

Hilary A Williams Management Limited - Limited company - abbreviated - 11.9

Hilary A Williams Management Limited - Limited company - abbreviated - 11.9