M.Y. Hulse Holdings Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07156922 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2015

for

M.Y. Hulse Holdings Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

5

DIRECTORS:

M Y Hulse

Mrs C M Hulse

REGISTERED OFFICE:

Stuart House

Valepits Road

Garretts Green

Birmingham

B33 0TD

REGISTERED NUMBER:

07156922 (England and Wales)

ACCOUNTANTS:

Tomkinson Teal Limited

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

FIXED ASSETS

Tangible assets

2

396,000

405,000

Investments

3

125

125

396,125

405,125

CURRENT ASSETS

Cash at bank

255

255

CREDITORS

Amounts falling due within one year

(395,255

)

(405,255

)

NET CURRENT LIABILITIES

(395,000

)

(405,000

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,125

125

CAPITAL AND RESERVES

Called up share capital

4

125

125

Profit and loss account

1,000

-

SHAREHOLDERS' FUNDS

1,125

125

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 10 May 2016 and were signed on its behalf by:

M Y Hulse - 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 January 2015).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

and 30 November 2015

450,000

DEPRECIATION

At 1 December 2014

45,000

Charge for year

9,000

At 30 November 2015

54,000

NET BOOK VALUE

At 30 November 2015

396,000

At 30 November 2014

405,000

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 December 2014

and 30 November 2015

125

NET BOOK VALUE

At 30 November 2015

125

At 30 November 2014

125

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Close Circuit Security Services Limited

Nature of business: Installation of security products

%

Class of shares:

holding

Ordinary

100.00

2015

2014

£

£

Aggregate capital and reserves

819,412

504,084

Profit for the year

466,328

183,657

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

80

Ordinary A

£1

80

80

25

Ordinary B

£1

25

25

10

Ordinary C

£1

10

10

10

Ordinary D

£1

10

10

125

125

Dividends - Dividends are payable to the holders of the A, B, C, and D shares in such proportions as determined

by the directors at their absolute discretion.

Capital - On a winding up or other return of capital, the assets of the company shall be applied to the holders of

the A shares only. The holders of the B, C, and D shares have no entitlement.

Voting - Holders of the A shares have full voting rights, while the holders of the B, C, and D shares have no

entitlement.

In all other respects, the shares rank pari passu.

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 two to four)

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 M.Y. Hulse Holdings Limited for the year ended 30 November 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 M.Y. Hulse Holdings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of M.Y. Hulse Holdings Limited and state those matters that we have agreed to state to the Board of Directors of M.Y. Hulse Holdings Limited, 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 M.Y. Hulse Holdings Limited 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 M.Y. Hulse Holdings Limited. You consider that M.Y. Hulse Holdings Limited 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 M.Y. Hulse Holdings Limited. 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.

Tomkinson Teal Limited

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

10 May 2016