Harlow Springs Ltd - Accounts to registrar - small 16.1.1

REGISTERED NUMBER: 06126014 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 March 2016

for

Harlow Springs Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs V Bliss

R B Chitty

D R Lynch

A Woodcock

SECRETARY:

A Woodcock

REGISTERED OFFICE:

Unit 2 Housham Hall Farm

Harlow Road Matching Tye

Harlow

Essex

CM17 0PB

REGISTERED NUMBER:

06126014 (England and Wales)

ACCOUNTANTS:

Giess Wallis Crisp LLP

10-12 Mulberry Green

Old Harlow

Essex

CM17 0ET

FIXED ASSETS

Tangible assets

4

11,194

19,425

CURRENT ASSETS

Stocks

77,224

82,056

Debtors

5

105,814

112,747

Cash at bank and in hand

5,538

2,140

188,576

196,943

CREDITORS

Amounts falling due within one year

6

70,050

112,900

NET CURRENT ASSETS

118,526

84,043

TOTAL ASSETS LESS CURRENT LIABILITIES

129,720

103,468

CREDITORS

Amounts falling due after more than one year

7

(16,108

)

(33,179

)

PROVISIONS FOR LIABILITIES

8

(1,409

)

(2,873

)

NET ASSETS

112,203

67,416

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

112,103

67,316

SHAREHOLDERS' FUNDS

112,203

67,416

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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 6 September 2016 and were signed on its behalf by:

A Woodcock - Director

1.	STATUTORY INFORMATION

Harlow Springs Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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

-

15% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

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

statement of financial position date.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with

the lessor are charged against profits on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2015

and 31 March 2016

96,376

7,864

1,500

105,740

DEPRECIATION

At 1 April 2015

76,951

7,864

1,500

86,315

Charge for year

8,231

-

-

8,231

At 31 March 2016

85,182

7,864

1,500

94,546

NET BOOK VALUE

At 31 March 2016

11,194

-

-

11,194

At 31 March 2015

19,425

-

-

19,425

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade debtors

98,045

105,955

Other debtors

7,769

6,792

105,814

112,747

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Bank loans and overdrafts

17,297

16,479

Trade creditors

4,999

5,524

Taxation and social security

30,520

27,231

Other creditors

17,234

63,666

70,050

112,900

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2016

2015

£

£

Bank loans

16,108

33,179

8.	PROVISIONS FOR LIABILITIES

2016

2015

£

£

Deferred tax

1,409

2,873

Deferred

tax

£

Balance at 1 April 2015

2,873

Credit to Income Statement during year

(1,464

)

Balance at 31 March 2016

1,409

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 April 2015

67,316

Profit for the year

44,787

At 31 March 2016

112,103

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Bluebridge Holdings Limited.