Selby Hope International Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04705261 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 March 2015

for

Selby Hope International Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D W Selby

C A Selby

SECRETARY:

C A Selby

REGISTERED OFFICE:

30 East Road

Melsonby

RICHMOND

North Yorkshire

DL10 5NF

REGISTERED NUMBER:

04705261 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

140 Coniscliffe Road

DARLINGTON

Co Durham

DL3 7RT

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

1,752

2,569

1,752

2,569

CURRENT ASSETS

Debtors

12,160

21,217

Cash at bank and in hand

61,488

63,153

73,648

84,370

CREDITORS

Amounts falling due within one year

31,830

48,543

NET CURRENT ASSETS

41,818

35,827

TOTAL ASSETS LESS CURRENT LIABILITIES

43,570

38,396

PROVISIONS FOR LIABILITIES

350

340

NET ASSETS

43,220

38,056

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

43,120

37,956

SHAREHOLDERS' FUNDS

43,220

38,056

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 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 22 October 2015 and were signed on its behalf by:

D W Selby - Director

C A Selby - 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 services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, has been amortised

evenly over its estimated useful life of ten year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

50,000

AMORTISATION

At 1 April 2014

and 31 March 2015

50,000

NET BOOK VALUE

At 31 March 2015

-

At 31 March 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

9,436

Additions

315

At 31 March 2015

9,751

DEPRECIATION

At 1 April 2014

6,867

Charge for year

1,132

At 31 March 2015

7,999

NET BOOK VALUE

At 31 March 2015

1,752

At 31 March 2014

2,569

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

50

A Ordinary

£1

50

50

50

B Ordinary

£1

50

50

100

100