Abbreviated Company Accounts - H.TUCKWELL & SONS LIMITED

H.TUCKWELL & SONS LIMITED - Company Information

00182801 H.TUCKWELL & SONS LIMITED 2015-06-30 false 2014-07-01 2015-06-30 true 00182801 2014-07-01 2015-06-30 00182801 2015-06-30 00182801 2014-06-30 00182801 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 00182801 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 00182801

H.TUCKWELL & SONS LIMITED

Abbreviated Accounts

30 June 2015

H.TUCKWELL & SONS LIMITED Registered Number 00182801

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	3,148,959	3,053,588
		3,148,959	3,053,588
Current assets
Stocks		209,873	92,602
Debtors		411,686	278,796
Cash at bank and in hand		147,124	70,995
		768,683	442,393
Creditors: amounts falling due within one year		(495,876)	(352,561)
Net current assets (liabilities)		272,807	89,832
Total assets less current liabilities		3,421,766	3,143,420
Creditors: amounts falling due after more than one year		(1,836,379)	(2,062,467)
Total net assets (liabilities)		1,585,387	1,080,953
Capital and reserves
Called up share capital	3	888	888
Share premium account		42,556	42,556
Revaluation reserve		1,299,896	1,299,896
Profit and loss account		242,047	(262,387)
Shareholders' funds		1,585,387	1,080,953

For the year ending 30 June 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 15 March 2016

And signed on their behalf by:
J Lodge, Director

H.TUCKWELL & SONS LIMITED Registered Number 00182801

Notes to the Abbreviated Accounts for the period ended 30 June 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2015.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Freehold property 10% straight line
Plant & machinery 10% straight line

Other accounting policies
Stocks
Stock is valued at the lower of cost and net realisable value.

Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

Leasing and hire purchase commitments
"Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term."

2Tangible fixed assets

	£
Cost
At 1 July 2014	3,978,137
Additions	145,341
Disposals	(15,000)
Revaluations	-
Transfers	-
At 30 June 2015	4,108,478
Depreciation
At 1 July 2014	924,549
Charge for the year	39,970
On disposals	(5,000)
At 30 June 2015	959,519
Net book values
At 30 June 2015	3,148,959
At 30 June 2014	3,053,588

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
888 Ordinary shares of £1 each	888	888