Carl Hammond Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 09017433 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 29 April 2014 to 31 August 2015

for

Carl Hammond Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

C V Hammond

Mrs M M Hammond

P V Hammond

REGISTERED OFFICE:

72 Lairgate

Beverley

East Yorkshire

HU17 8EU

REGISTERED NUMBER:

09017433 (England and Wales)

ACCOUNTANTS:

cbaSadofskys

Princes House

Wright Street

Hull

East Yorkshire

HU2 8HX

FIXED ASSETS

Intangible assets

2

24,000

Tangible assets

3

732

24,732

CURRENT ASSETS

Stocks

34,880

Debtors

50,211

Cash at bank and in hand

1,423

86,514

CREDITORS

Amounts falling due within one year

74,106

NET CURRENT ASSETS

12,408

TOTAL ASSETS LESS CURRENT LIABILITIES

37,140

CREDITORS

Amounts falling due after more than one year

25,929

NET ASSETS

11,211

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

11,111

SHAREHOLDERS' FUNDS

11,211

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 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 30 November 2015 and were signed on its behalf by:

C V Hammond - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

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 cost and 10% on cost

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

30,000

At 31 August 2015

30,000

AMORTISATION

Amortisation for period

6,000

At 31 August 2015

6,000

NET BOOK VALUE

At 31 August 2015

24,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

2,216

At 31 August 2015

2,216

DEPRECIATION

Charge for period

1,484

At 31 August 2015

1,484

NET BOOK VALUE

At 31 August 2015

732

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

60

Ordinary A

£1

60

40

Ordinary B

£1

40

100

The following shares were issued during the period for cash at par :

60 Ordinary A shares of £1

40 Ordinary B shares of £1

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 August 2015:

£

C V Hammond

Balance outstanding at start of period

-

Amounts advanced

17,136

Amounts repaid

(34,625

)

Balance outstanding at end of period

(17,489

)

Mrs M M Hammond

Balance outstanding at start of period

-

Amounts advanced

23,241

Amounts repaid

(32,553

)

Balance outstanding at end of period

(9,312

)

P V Hammond

Balance outstanding at start of period

-

Amounts advanced

108,782

Amounts repaid

(71,551

)

Balance outstanding at end of period

37,231

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Carl Hammond Limited for the period ended 31 August 2015 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Carl Hammond Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Carl Hammond Limited and state those matters that we have agreed to state to the Board of Directors of Carl Hammond Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Carl Hammond Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Carl Hammond Limited. You consider that Carl Hammond Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Carl Hammond Limited. For

this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations

you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

cbaSadofskys

Princes House

Wright Street

Hull

East Yorkshire

HU2 8HX

30 November 2015