Holmes Metrotech Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08152965 (England and Wales)

HOLMES METROTECH LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M P Kibble

P B Mardle

D Taylor

SECRETARY:

Mrs C S Kibble

REGISTERED OFFICE:

216-218 Main Road

Biggin Hill

Westerham

Kent

TN16 3BD

REGISTERED NUMBER:

08152965 (England and Wales)

ACCOUNTANTS:

Sinclairs Bartrum Lerner

Chartered Accountants

39A Welbeck Street

London

W1G 8DH

CURRENT ASSETS

Debtors

241,239

123,129

Cash at bank

170,578

10,812

411,817

133,941

CREDITORS

Amounts falling due within one year

219,541

60,329

NET CURRENT ASSETS

192,276

73,612

TOTAL ASSETS LESS CURRENT LIABILITIES

192,276

73,612

CAPITAL AND RESERVES

Called up share capital

2

100

100

Profit and loss account

192,176

73,512

SHAREHOLDERS' FUNDS

192,276

73,612

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 16th December 2015 and were signed on its behalf by:

M P Kibble - 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 as adjusted for revenue recognition, excluding value added tax.

Long term contracts

Turnover in respect of long term contracts has been assessed by the directors on a contract by contract basis in a

manner appropriate to the stage of completion at the year end date. Profit on such contracts has been recognised

prudently, and net of foreseeable losses, so that it fairly reflects the profit attributable to that part of the work

performed at the year end date.

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.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100

3.	ULTIMATE PARENT COMPANY

Holmes Group (UK) Limited, previously Dewsbury Trading Limited, is the immediate and ultimate holding

company, which owns 85% of the issued ordinary share capital of the company.