The Handy Squad Limited - Limited company - abbreviated - 11.9
The Handy Squad Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| The Handy Squad Limited |
| Abbreviated Accounts for the Year Ended 30th June 2015 |
| The Handy Squad Limited (Registered number: 05396875) |
| Contents of the Abbreviated Accounts |
| for the year ended 30th June 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| The Handy Squad Limited |
| Company Information |
| for the year ended 30th June 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| The Handy Squad Limited (Registered number: 05396875) |
| Abbreviated Balance Sheet |
| 30th June 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 3 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Share premium |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 Handy Squad Limited (Registered number: 05396875) |
| Abbreviated Balance Sheet - continued |
| 30th June 2015 |
| The financial statements were approved by the Board of Directors on behalf by: |
| The Handy Squad Limited (Registered number: 05396875) |
| Notes to the Abbreviated Accounts |
| for the year ended 30th June 2015 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The company is dependent on the financial support of its directors who have agreed to provide the |
| necessary resources to enable it to continue to trade as a going concern in the foreseeable future. |
| Accordingly the financial statements have been prepared on the going concern basis. |
| 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). |
| Exemption from preparing a cash flow statement |
| Exemption has been taken from preparing a cash flow statement on the grounds that the company |
| qualifies as a small company. |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Deferred tax |
| Deferred taxation has been recognised as a liability or an asset if transactions have occurred at the |
| balance sheet date that give rise to an obligation to pay more taxation in the future, or a right to pay |
| less taxation in the future. An asset is not recognised to the extent that the transfer of economic |
| benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been |
| discounted. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st July 2014 |
| Additions |
| At 30th June 2015 |
| DEPRECIATION |
| At 1st July 2014 |
| Charge for year |
| At 30th June 2015 |
| NET BOOK VALUE |
| At 30th June 2015 |
| At 30th June 2014 |
| The Handy Squad Limited (Registered number: 05396875) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 30th June 2015 |
| 3. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The aggregate total of debtors falling due after more than one year is £ |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| 16,673 | Ordinary A | 1p | 167 | 153 |
| 310 | Ordinary B | 1p | 3 | 3 |
| 37,491 | Ordinary C | 1p | 375 | 375 |
| 12,255 | Ordinary D | 1p | 122 | - |
| 667 | 531 |
| During the year, 1,362 Ordinary A shares of 1p each were allotted and fully paid for cash at par. |
| In addition, 12,255 Ordinary D shares of 1p each were allotted and fully paid for. A premium of £2.03 |
| per share was paid and is shown within the share premium account. |
| 5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 30th June 2015 and |
| 30th June 2014: |
| 2015 | 2014 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |
| 6. | RELATED PARTY DISCLOSURES |
| A shareholder in the company. |
| At 30 June 2015 the company owed an amount of £6,125 (2014: £95,046) to J C Irwin. |
| A director of the company. |
| At 30 June 2015 the company owed an amount of £6,125 (2014: £29,333) to R R F Roscoe. |
| A director of the company. |
| At 30 June 2015 the company owed an amount of £112,130 (2014: £nil) to E J D Harris. |
| The Handy Squad Limited (Registered number: 05396875) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 30th June 2015 |
| 6. | RELATED PARTY DISCLOSURES - continued |
| A director of the company. |
| 2015 | 2014 |
| £ | £ |
| Amount due from related party at the balance sheet date |