Hodson Homes (North West) Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06156534 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2015

FOR

HODSON HOMES (NORTH WEST) LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr N D Hodson

SECRETARY:

Mrs K Hodson

REGISTERED OFFICE:

Chandler House

7 Ferry Road Office Park

Riversway

Preston

PR2 2YH

REGISTERED NUMBER:

06156534 (England and Wales)

ACCOUNTANTS:

Wallwork Nelson & Johnson

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

FIXED ASSETS

Tangible assets

2

705

2,440

CURRENT ASSETS

Stocks

137,560

180,000

Debtors

3,693

1,139

Cash at bank

6,950

9,942

148,203

191,081

CREDITORS

Amounts falling due within one year

145,800

192,838

NET CURRENT ASSETS/(LIABILITIES)

2,403

(1,757

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,108

683

PROVISIONS FOR LIABILITIES

-

488

NET ASSETS

3,108

195

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

3,008

95

SHAREHOLDERS' FUNDS

3,108

195

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 27 October 2015 and were signed by:

Mr N D Hodson - 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.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

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.

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 July 2014

4,287

Disposals

(3,000

)

At 30 June 2015

1,287

DEPRECIATION

At 1 July 2014

1,847

Charge for year

235

Eliminated on disposal

(1,500

)

At 30 June 2015

582

NET BOOK VALUE

At 30 June 2015

705

At 30 June 2014

2,440

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/6/15

30/6/14

value:

£

£

100

Ordinary shares

£1

100

100