CG Hale Holdings Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07959570 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

CG Hale Holdings Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

C G Hale

Mrs A D Hale

REGISTERED OFFICE:

Unit Z Hamstead Industrial Estate

Austin Way

Great Barr

Birmingham

West Midlands

B42 1DU

REGISTERED NUMBER:

07959570 (England and Wales)

FIXED ASSETS

Tangible assets

2

406,943

Investments

3

92,000

92,100

498,943

499,043

CURRENT ASSETS

Debtors

-

8,213

Cash at bank

34,648

31,139

34,648

39,352

CREDITORS

Amounts falling due within one year

4

232,402

173,576

NET CURRENT LIABILITIES

(197,754

)

(134,224

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

301,189

364,819

CREDITORS

Amounts falling due after more than one year

4

218,431

256,291

NET ASSETS

82,758

108,528

CAPITAL AND RESERVES

Called up share capital

5

2,102

Profit and loss account

80,656

106,426

SHAREHOLDERS' FUNDS

82,758

108,528

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 22 July 2016 and were signed on its behalf by:

C G Hale - 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).

Preparation of consolidated financial statements

The financial statements contain information about CG Hale Holdings Limited as an individual company and do not contain

consolidated financial information as the parent of a group. The company has taken the option under Section 398 of the

Companies Act 2006 not to prepare consolidated financial statements.

Turnover

Turnover represents net invoiced sales of goods, 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.

Freehold property

-

Nil as value higher than net book value

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 April 2015

and 31 March 2016

406,943

NET BOOK VALUE

At 31 March 2016

406,943

At 31 March 2015

406,943

The company has taken advantage of the transition provisions in FRS 15.

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

92,100

Additions

40,000

Disposals

(100

)

Impairments

(40,000

)

At 31 March 2016

92,000

NET BOOK VALUE

At 31 March 2016

92,000

At 31 March 2015

92,100

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

The Plastic Fan Company Limited

Nature of business: Manufacturers and suppliers fans etc

%

Class of shares:

holding

Ordinary A & B Shares

100.00

31.3.16

31.3.15

£

Aggregate capital and reserves

489,168

363,072

Profit for the year

215,139

88,260

Balco Engineering Limited

Nature of business: Metal plant processing engineers

%

Class of shares:

holding

Ordinary shares

100.00

31.3.16

31.3.15

£

Aggregate capital and reserves

229,895

160,875

Profit for the year

119,752

102,346

4.

CREDITORS

Creditors include an amount of £ 253,492 (31.3.15 - £ 287,851 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

2,102

Ordinary Shares

1

2,102