STRAWBERRY_HILL_HOUSE_TRA - Accounts

STRAWBERRY HILL HOUSE TRADING SERVICES LIMITED - Company Information

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Company Registration number 7880487

STRAWBERRY HILL HOUSE TRADING SERVICES LTD

Abbreviated Accounts

For the year ended

31st December 2015

STRAWBERRY HILL HOUSE TRADING SERVICES LTD

Financial statements for the year ended 31st December 2015

Contents

Pages

Balance sheet

Notes to the financial statements

2-3

STRAWBERRY HILL HOUSE TRADING SERVICES LTD

Abbreviated balance sheet as at

31st December 2015

2015

2014

Notes

Fixed assets

Tangible assets

8,391

5,844

Current assets

Stock

56,011

44,375

Debtors

3,526

7,658

Cash at bank and in hand

1,740

573

61,277

52,606

Creditors:

amounts falling due within one year

(69,568)

(58,350)

Net current liabilities

(8,291)

(5,744)

Total assets less current liabilities

100

Capital and reserves

Called up share capital

100

For the financial year ended 31st December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' acknowledgements

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with Section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and the Financial Reporting Standard for Smaller Entities (effective January 2015).

Approved by the board of directors on

28th October 2016

and signed on its behalf.

__________________________ Terence R Smith - Director

Company Registration No: 7880487

The notes on pages 2 to 3 form part of these financial statements.

STRAWBERRY HILL HOUSE TRADING SERVICES LTD

Notes to the abbreviated accounts for the year ended 31st December 2015

Accounting policies

Going concern

The company's operations are dependent on its parent company, The Strawberry Hill Trust, continuing to manage Strawberry Hill House. The directors believe this will continue for the foreseeable future and that these accounts should be prepared on a going concern basis.

Basis of accounting

The financial statements are prepared on the historical cost basis of accounting and have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The company has taken advantage of the exemption, conferred by the Financial Reporting Standard for Smaller Entities, from the requirement to present a cash flow statement.

Turnover

Turnover represents the net value of goods sold and services rendered during the year, excluding value added tax.

Depreciation of tangible fixed assets

Depreciation is provided on all tangible fixed assets at rates calculated to write off the full cost or valuation less estimated residual value of each asset over its estimated useful life. The principal rates in use are:

Equipment, fixtures and fittings

10% on cost

Store Equipment

10% on cost

Stocks

Stock is valued at the lower of cost and estimated net realisable value.

Hire purchase and lease transactions

Rentals under operating leases are charged to the profit and loss account as they fall due.

Fixed assets

Tangible

fixed

assets

Cost:

At 1st January 2015

8,276

Additions

3,750

At 31st December 2015

12,026

Depreciation:

At 1st January 2015

2,432

Provision for the year

1,203

At 31st December 2015

3,635

Net book value:

At 31st December 2015

8,391

At 31st December 2014

5,844

STRAWBERRY HILL HOUSE TRADING SERVICES LTD

Notes to the abbreviated accounts for the year ended 31st December 2015 (continued)

Called-up share capital

2015

2014

Allotted, called up and fully paid

Equity shares:

Ordinary shares of £1 each

100

Controlling party

The company is a 100% owned subsidiary of The Strawberry Hill Trust, a company limited by guarantee and a registered charity.