Home 2 Office (Watercoolers) Limited - Abbreviated accounts 16.1

Home 2 Office (Watercoolers) Limited

Abbreviated Unaudited Accounts for the Year Ended 29 February 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M Griffiths

S Wrest

R M Hounsell

P Martin

SECRETARY:

S Wrest

REGISTERED OFFICE:

Unit 5, The Gate Way

School Lane

Knowsley Business Park

Knowsley

Merseyside

L34 9EN

REGISTERED NUMBER:

04972235 (England and Wales)

ACCOUNTANTS:

Matthews Sutton & Co Ltd

Chartered Certified Accountants

48 - 52 Penny Lane

Mossley Hill

Liverpool

Merseyside

L18 1DG

FIXED ASSETS

Tangible assets

2

114,803

90,909

CURRENT ASSETS

Stocks

4,544

5,029

Debtors

149,937

122,964

Cash at bank and in hand

8,592

50

163,073

128,043

CREDITORS

Amounts falling due within one year

141,401

171,128

NET CURRENT ASSETS/(LIABILITIES)

21,672

(43,085

)

TOTAL ASSETS LESS CURRENT LIABILITIES

136,475

47,824

CREDITORS

Amounts falling due after more than one year

23,222

5,816

NET ASSETS

113,253

42,008

CAPITAL AND RESERVES

Called up share capital

3

2,400

2,400

Share premium

99,600

99,600

Profit and loss account

11,253

(59,992

)

SHAREHOLDERS' FUNDS

113,253

42,008

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2016 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 21 June 2016 and were signed on its behalf by:

M Griffiths - 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).

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2015

246,974

Additions

57,270

Disposals

(9,150

)

At 29 February 2016

295,094

DEPRECIATION

At 1 March 2015

156,065

Charge for year

28,691

Eliminated on disposal

(4,465

)

At 29 February 2016

180,291

NET BOOK VALUE

At 29 February 2016

114,803

At 28 February 2015

90,909

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

2,400

Ordinary

£1

2,400

2,400