Accounts filed on 31-03-2016

Accounts filed on 31-03-2016

H.J. HINE & PARTNERS LIMITED - Company Information

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H.J. HINE & PARTNERS LIMITED

Company Registration Number:
02886953 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 April 2015

End date: 31 March 2016

H.J. HINE & PARTNERS LIMITED

Abbreviated Balance sheet

As at 31 March 2016


Notes
2016
£
2015
£
Fixed assets
Intangible assets: 2 139 139
Tangible assets: 3 669,085 375,134
Total fixed assets: 669,224 375,273
Current assets
Debtors: 3,978 6,807
Cash at bank and in hand: 96 3,190
Total current assets: 4,074 9,997
Creditors: amounts falling due within one year: ( 6,752 ) ( 12,113 )
Net current assets (liabilities): ( 2,678 ) ( 2,116 )
Total assets less current liabilities: 666,546 373,157
Creditors: amounts falling due after more than one year: ( 225,000 ) ( 225,000 )
Total net assets (liabilities): 441,546 148,157

The notes form part of these financial statements

H.J. HINE & PARTNERS LIMITED

Balance sheet continued

As at 31 March 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 4 2 2
Revaluation reserve: 441,450 147,450
Profit and loss account: 94 705
Shareholders funds: 441,546 148,157

For the year ending 31 March 2016 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 14 July 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: M HUGHES
Status: Director

The notes form part of these financial statements

H.J. HINE & PARTNERS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    These financial statements have been prepared under the historical
    cost convention and in accordance with the Financial Reporting
    Standard for Smaller Entities 2015 and the Companies Act 2006, except
    for freehold revaluation and depreciation see notes d & e below.

    Turnover policy

    Turnover represents the total invoice value, excluding value added
    tax of sales and services rendered during the year.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asses over its estimated useful life :-
    Freehold Property not depreciated
    Equipment 15% p.a. on cost

    Intangible fixed assets amortisation policy

    No depreciation has been provided on the intangible assets

    Valuation information and policy

    Freehold Property has been revalued by the directors after reference to a online valuation from zoopla.co.uk of 7th April 2016

    Other accounting policies

    DEFERRED TAXATION
    There are no timing differences which give rise to either a potential
    future liability or future asset in respect of revenue taxation liabilities
    only, however no provision has been made for any taxation liabilities
    resulting from any asset sale at the revalued figure in note e above

H.J. HINE & PARTNERS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 2. Intangible assets

    Total
    Cost £
    01 April 2015: 139
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 March 2016: 139
    Amortisation
    01 April 2015: 0
    Provided during the period: 0
    On disposals: 0
    Other Adjustments: 0
    31 March 2016: 0
    Net book value
    31 March 2016: 139
    31 March 2015: 139

H.J. HINE & PARTNERS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 3. Tangible assets

    Total
    Cost £
    01 April 2015: 376,388
    Additions: 294,000
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 March 2016: 670,388
    Depreciation
    01 April 2015: 1,254
    Charge for year: 49
    On disposals: 0
    Other adjustments: 0
    31 March 2016: 1,303
    Net book value
    31 March 2016: 669,085
    31 March 2015: 375,134

H.J. HINE & PARTNERS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 4. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0
    Total share capital (£): 2
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0
    Total share capital (£): 2