North Herts Fitting Centre Holdings Ltd - Abbreviated accounts 16.1

North Herts Fitting Centre Holdings Ltd - Abbreviated accounts 16.1

NORTH HERTS FITTING CENTRE HOLDINGS LIMITED - Company Information

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REGISTERED NUMBER: 03143263 (England and Wales)















NORTH HERTS FITTING CENTRE HOLDINGS LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2016














NORTH HERTS FITTING CENTRE HOLDINGS LTD (REGISTERED NUMBER: 03143263)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

NORTH HERTS FITTING CENTRE HOLDINGS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2016







DIRECTOR: M Willis





SECRETARIES: M Willis
Mrs J Willis





REGISTERED OFFICE: 7c Leys Avenue
Letchworth Garden City
Herts
SG6 3EA





REGISTERED NUMBER: 03143263 (England and Wales)





Page 1
NORTH HERTS FITTING CENTRE HOLDINGS LTD (REGISTERED NUMBER: 03143263)

ABBREVIATED BALANCE SHEET
31 JANUARY 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 633,714 454,954
Tangible assets 3 194,357 206,108
828,071 661,062

CURRENT ASSETS
Stocks 140,388 159,388
Debtors 49,616 117,980
190,004 277,368
CREDITORS
Amounts falling due within one year 225,360 257,334
NET CURRENT (LIABILITIES)/ASSETS (35,356 ) 20,034
TOTAL ASSETS LESS CURRENT
LIABILITIES
792,715
681,096

CREDITORS
Amounts falling due after more than one
year
433,540
383,540
NET ASSETS 359,175 297,556

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 359,075 297,456
SHAREHOLDERS' FUNDS 359,175 297,556

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these abbreviated accounts

Page 2 continued...
NORTH HERTS FITTING CENTRE HOLDINGS LTD (REGISTERED NUMBER: 03143263)

ABBREVIATED BALANCE SHEET - continued
31 JANUARY 2016


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 director on 7 September 2016 and were signed by:





M Willis - Director


The notes form part of these abbreviated accounts

Page 3
NORTH HERTS FITTING CENTRE HOLDINGS LTD (REGISTERED NUMBER: 03143263)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016

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, except in respect of service contracts
where turnover is recognised when the company obtains the right to consideration.

Development cost
No amortisation is provided on the development costs.

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

Fixtures and fittings - at variable rates 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.

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

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 February 2015 454,954
Additions 178,760
At 31 January 2016 633,714
NET BOOK VALUE

At 31 January 2016 633,714
At 31 January 2015 454,954

Page 4 continued...
NORTH HERTS FITTING CENTRE HOLDINGS LTD (REGISTERED NUMBER: 03143263)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 JANUARY 2016

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 February 2015
and 31 January 2016 369,173
DEPRECIATION
At 1 February 2015 163,065
Charge for year 11,751
At 31 January 2016 174,816
NET BOOK VALUE
At 31 January 2016 194,357
At 31 January 2015 206,108

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100

Page 5