K P Hayes Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05899615

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2016

FOR

K P HAYES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

K P Hayes

SECRETARY:

Mrs D R E Hayes

REGISTERED OFFICE:

51A Station Road

Cheadle Hulme

Stockport

Cheshire

SK8 7AA

REGISTERED NUMBER:

05899615

ACCOUNTANTS:

HG Professional Limited

Chartered Accountants

51A Station Road

Cheadle Hulme

Stockport

Cheshire

SK8 7AA

FIXED ASSETS

Tangible assets

2

4,184

3,159

CURRENT ASSETS

Debtors

13,378

5,063

Cash at bank

62,094

50,388

75,472

55,451

CREDITORS

Amounts falling due within one year

(31,018

)

(32,576

)

NET CURRENT ASSETS

44,454

22,875

TOTAL ASSETS LESS CURRENT
LIABILITIES

48,638

26,034

PROVISIONS FOR LIABILITIES

(782

)

(564

)

NET ASSETS

47,856

25,470

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

47,756

25,370

SHAREHOLDERS' FUNDS

47,856

25,470

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 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 28 October 2016 and were signed by:

K P Hayes - 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 the net sales of services during the year, excluding value added tax, and is

recognised when the company obtains the right to consideration.

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

-

25% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Pension costs and other post-retirement benefits

Contributions payable to the company's defined contribution pension scheme are charged to the profit

and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

14,619

Additions

2,715

At 31 August 2016

17,334

DEPRECIATION

At 1 September 2015

11,460

Charge for year

1,690

At 31 August 2016

13,150

NET BOOK VALUE

At 31 August 2016

4,184

At 31 August 2015

3,159

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

100

Ordinary

£1

100