H & G (David's Nursery) Limited - Abbreviated accounts 16.1

H & G (David's Nursery) Limited - Abbreviated accounts 16.1

H & G (DAVID'S NURSERY) LIMITED - Company Information

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DRAFT
REGISTERED NUMBER: 09125900 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

H & G (DAVID'S NURSERY) LIMITED

H & G (DAVID'S NURSERY) LIMITED (REGISTERED NUMBER: 09125900)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015

DRAFT



Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

H & G (DAVID'S NURSERY) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2015







DRAFT
DIRECTORS: Mrs K J Gill
Mr D J White





REGISTERED OFFICE: 4 Fenice Court
Phoenix Business Park
Eaton Socon
St. Neots
Cambridgeshire
PE19 8EP





REGISTERED NUMBER: 09125900 (England and Wales)





ACCOUNTANTS: Davey Grover Limited
Chartered Accountants
Fenice Court
Phoenix Business Park
Eaton Socon
St. Neots
Cambridgeshire
PE19 8EP
Page 1
H & G (DAVID'S NURSERY) LIMITED (REGISTERED NUMBER: 09125900)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2015

2015 2014
Notes £    £    £    £   
DRAFT
FIXED ASSETS
Intangible assets 2 13,967 9,332
Tangible assets 3 116,691 94,211
130,658 103,543

CURRENT ASSETS
Debtors 9,567 7,260
Cash at bank and in hand 30,454 8,520
40,021 15,780
CREDITORS
Amounts falling due within one year 143,119 90,785
NET CURRENT LIABILITIES (103,098 ) (75,005 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
27,560
28,538

PROVISIONS FOR LIABILITIES 17,460 18,437
NET ASSETS 10,100 10,101

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 10,000 10,001
SHAREHOLDERS' FUNDS 10,100 10,101

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 notes form part of these abbreviated accounts

Page 2 continued...
H & G (DAVID'S NURSERY) LIMITED (REGISTERED NUMBER: 09125900)

ABBREVIATED BALANCE SHEET - continued
31 DECEMBER 2015

DRAFT

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 30 September 2016 and were signed on its behalf
by:





Mrs K J Gill - Director


The notes form part of these abbreviated accounts

Page 3
H & G (DAVID'S NURSERY) LIMITED (REGISTERED NUMBER: 09125900)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015
DRAFT

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.

Customer acquisition database
The company has invested in a customer acquisition database which is used for marketing and promotional
purposes. Customer information is tracked and updated by the company, and as such, the company believes it
will generate future economic benefits from this. The costs are being amortised over a period of 5 years, being
the estimated useful life.

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

Short leasehold - in accordance with the property
Plant and machinery - 20% on reducing balance

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

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.

Consolidation
The company and its majority shareholder comprise a small group. The company has taken advantage of the
exemption provided by section 398 of the Companies Act 2006 not to prepare group accounts.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015 10,000
Additions 8,125
At 31 December 2015 18,125
AMORTISATION
At 1 January 2015 668
Amortisation for year 3,490
At 31 December 2015 4,158
NET BOOK VALUE

At 31 December 2015 13,967
At 31 December 2014 9,332

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H & G (DAVID'S NURSERY) LIMITED (REGISTERED NUMBER: 09125900)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2015
DRAFT

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015 102,775
Additions 45,881
At 31 December 2015 148,656
DEPRECIATION
At 1 January 2015 8,564
Charge for year 23,401
At 31 December 2015 31,965
NET BOOK VALUE
At 31 December 2015 116,691
At 31 December 2014 94,211

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary 1.00 100 100

5. ULTIMATE PARENT COMPANY

The company is ultimately controlled by Horti Investments Limited by virtue of its 90% shareholding.

Mrs K Gill and Mr D White both hold shares in the ultimate parent company.

Page 5