HOLMFIELD_CONSULTING_ROOM - Accounts

HOLMFIELD CONSULTING ROOMS LIMITED - Company Information

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Company Registration No. 04968501 (England and Wales)

HOLMFIELD CONSULTING ROOMS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

HOLMFIELD CONSULTING ROOMS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

HOLMFIELD CONSULTING ROOMS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

4,383

5,157

Current assets

Debtors

5,657

9,920

Cash at bank and in hand

7,828

11,626

13,485

21,546

Creditors: amounts falling due within one year

(8,534)

(21,406)

Net current assets

4,951

140

Total assets less current liabilities

9,334

5,297

Provisions for liabilities

(633)

(734)

8,701

4,563

Capital and reserves

Called up share capital

100

Profit and loss account

8,601

4,463

Shareholders' funds

8,701

4,563

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 27 September 2016

L E Sewart

Director

Company Registration No. 04968501

HOLMFIELD CONSULTING ROOMS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable in respect of the hire of consulting rooms and is recognised at the time of occupation.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

15% of net book value

1.5

Leasing

Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the lease term.

1.6

Deferred taxation

Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the opinion of the director, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future.

Fixed assets

Tangible assets

Cost

At 1 April 2015 & at 31 March 2016

19,687

Depreciation

At 1 April 2015

14,530

Charge for the year

774

At 31 March 2016

15,304

Net book value

At 31 March 2016

4,383

At 31 March 2015

5,157

HOLMFIELD CONSULTING ROOMS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100

Ultimate parent company

The company is under the control of L E Sewart.