HAMPSON_HIRE_LIMITED - Accounts

HAMPSON HIRE LIMITED - Company Information

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Company Registration No. 02797196 (England and Wales)

HAMPSON HIRE LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

HAMPSON HIRE LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

HAMPSON HIRE LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

72,004

64,350

Current assets

Debtors

2,274

3,060

Cash at bank and in hand

6,805

4,853

9,079

7,913

Creditors: amounts falling due within one year

(53,342)

(50,117)

Net current liabilities

(44,263)

(42,204)

Total assets less current liabilities

27,741

22,146

Provisions for liabilities

(5,348)

(4,300)

22,393

17,846

Capital and reserves

Called up share capital

1,000

Profit and loss account

21,393

16,846

Shareholders' funds

22,393

17,846

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 20 May 2016

C M Hampson

Director

Company Registration No. 02797196

HAMPSON HIRE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Motor vehicles

10% straight line

Fixed assets

Tangible assets

Cost

At 1 April 2015

82,613

Additions

27,795

Disposals

(15,000)

At 31 March 2016

95,408

Depreciation

At 1 April 2015

18,263

On disposals

(4,400)

Charge for the year

9,541

At 31 March 2016

23,404

Net book value

At 31 March 2016

72,004

At 31 March 2015

64,350

Share capital

2016

2015

Allotted, called up and fully paid

1,000 Ordinary shares of £1 each

1,000