Hertz Kompressoren Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06892232 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2015

FOR

HERTZ KOMPRESSOREN LTD

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTORS:

Mr G L Middleton-Duff

Mrs M Middleton-Duff

SECRETARY:

Mrs M Middleton-Duff

REGISTERED OFFICE:

Unit 12-13

Peel Mills Industrial Estate

Chamberhall Street

Bury

Greater Manchester

BL9 0LU

REGISTERED NUMBER:

06892232 (England and Wales)

ACCOUNTANTS:

Bishops

Chartered Accountants

Phoenix Park

Blakewater Road

Blackburn

Lancashire

BB1 5BG

BANKERS:

HSBC

2 Market Street

Bury

Lancashire

BL9 0AN

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 three to six) 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 Hertz Kompressoren Ltd for the year ended 30 April 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 Hertz Kompressoren Ltd, as a body, in accordance with the terms of our engagement letter dated 12 February 2013. Our work has been undertaken solely to prepare for your approval the financial statements of Hertz Kompressoren Ltd and state those matters that we have agreed to state to the Board of Directors of Hertz Kompressoren Ltd, 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 Hertz Kompressoren Ltd 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 Hertz Kompressoren Ltd. You consider that Hertz Kompressoren Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hertz

Kompressoren Ltd. 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.

Bishops

Chartered Accountants

Phoenix Park

Blakewater Road

Blackburn

Lancashire

BB1 5BG

22 January 2016

FIXED ASSETS

Intangible assets

2

406

1,375

Tangible assets

3

871

3,103

1,277

4,478

CURRENT ASSETS

Stocks

83,206

92,273

Debtors

249,088

166,401

Cash at bank

-

5,025

332,294

263,699

CREDITORS

Amounts falling due within one year

362,373

348,682

NET CURRENT LIABILITIES

(30,079

)

(84,983

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(28,802

)

(80,505

)

PROVISIONS FOR LIABILITIES

41

-

NET LIABILITIES

(28,843

)

(80,505

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

(28,943

)

(80,605

)

SHAREHOLDERS' FUNDS

(28,843

)

(80,505

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 January 2016 and were signed on its behalf by:

Mr G L Middleton-Duff - 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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% 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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

1,719

Disposals

(719

)

At 30 April 2015

1,000

AMORTISATION

At 1 May 2014

344

Amortisation for year

250

At 30 April 2015

594

NET BOOK VALUE

At 30 April 2015

406

At 30 April 2014

1,375

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

and 30 April 2015

10,364

DEPRECIATION

At 1 May 2014

7,261

Charge for year

2,232

At 30 April 2015

9,493

NET BOOK VALUE

At 30 April 2015

871

At 30 April 2014

3,103

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2015 and

30 April 2014:

2015

2014

£

£

Mr G L Middleton-Duff

Balance outstanding at start of year

45,417

4,547

Amounts advanced

16,095

40,870

Amounts repaid

-

-

Balance outstanding at end of year

61,512

45,417

Mrs M Middleton-Duff

Balance outstanding at start of year

17,918

4,834

Amounts advanced

43,594

13,084

Amounts repaid

-

-

Balance outstanding at end of year

61,512

17,918