Hunt 4 A Bargain Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08893417 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 13 FEBRUARY 2014 TO 28 FEBRUARY 2015

FOR

HUNT 4 A BARGAIN LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A Hunt

REGISTERED OFFICE:

5 Germander Way

Bicester

England

Oxfordshire

OX26 3WB

REGISTERED NUMBER:

08893417 (England and Wales)

ACCOUNTANTS:

Logan & Brewerton

Chartered Certified Accountants

Astral House

Granville Way

Bicester

Oxfordshire

OX26 4JT

FIXED ASSETS

Tangible assets

2

5,369

CURRENT ASSETS

Stocks

35,237

Debtors

9,848

Cash at bank

30,656

75,741

CREDITORS

Amounts falling due within one year

3

57,376

NET CURRENT ASSETS

18,365

TOTAL ASSETS LESS CURRENT LIABILITIES

23,734

CREDITORS

Amounts falling due after more than one year

3

(3,125

)

PROVISIONS FOR LIABILITIES

(1,074

)

NET ASSETS

19,535

CAPITAL AND RESERVES

Called up share capital

4

10

Profit and loss account

19,525

SHAREHOLDERS' FUNDS

19,535

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 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 2 November 2015 and were signed by:

A Hunt - 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 and services, 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

-

Straight line over 3 years

Fixtures and fittings

-

Straight line over 3 years

Motor vehicles

-

Straight line over 3 years

Computer equipment

-

Straight line over 3 years

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 material 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

Additions

5,985

At 28 February 2015

5,985

DEPRECIATION

Charge for period

616

At 28 February 2015

616

NET BOOK VALUE

At 28 February 2015

5,369

3.

CREDITORS

Creditors include an amount of £ 15,625 for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£0.10

10

100 Ordinary shares of £0.10 each were allotted and fully paid for cash at par during the period.