PaperRound HND Service Limited - Abbreviated accounts 16.1

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 29TH FEBRUARY 2016

FOR

PAPERROUND HND SERVICE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M J Kinton

Dr T A Couper

C G Hoy

SECRETARY:

M J Kinton

REGISTERED OFFICE:

18 Burywick

Harpenden

Hertfordshire

AL5 2AH

REGISTERED NUMBER:

05358546 (England and Wales)

ACCOUNTANTS:

Evans Weir

The Victoria

25 St Pancras

Chichester

West Sussex

PO19 7LT

FIXED ASSETS

Intangible assets

2

11,893

-

Tangible assets

3

2,901

1,390

14,794

1,390

CURRENT ASSETS

Debtors

19,367

13,607

Cash at bank

22,140

54,371

41,507

67,978

CREDITORS

Amounts falling due within one year

52,950

51,351

NET CURRENT (LIABILITIES)/ASSETS

(11,443

)

16,627

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,351

18,017

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

3,251

17,917

SHAREHOLDERS' FUNDS

3,351

18,017

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

The members have not required the company to obtain an audit of its financial statements for the year ended 29th 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 8th August 2016 and were signed on its behalf by:

M J Kinton - Director

C G Hoy - 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, 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

-

33% on cost

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

21,363

At 29th February 2016

21,363

AMORTISATION

Amortisation for year

9,470

At 29th February 2016

9,470

NET BOOK VALUE

At 29th February 2016

11,893

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st March 2015

8,177

Additions

2,556

At 29th February 2016

10,733

DEPRECIATION

At 1st March 2015

6,787

Charge for year

1,045

At 29th February 2016

7,832

NET BOOK VALUE

At 29th February 2016

2,901

At 28th February 2015

1,390

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100