Abbreviated Company Accounts - HANDY SEARCHES LIMITED

Abbreviated Company Accounts - HANDY SEARCHES LIMITED


Registered Number 05695748

HANDY SEARCHES LIMITED

Abbreviated Accounts

30 April 2016

HANDY SEARCHES LIMITED Registered Number 05695748

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 2 24,033
Tangible assets 3 3,722 2,071
3,724 26,104
Current assets
Debtors 76,472 69,299
Cash at bank and in hand 12,619 11,432
89,091 80,731
Creditors: amounts falling due within one year (116,020) (69,440)
Net current assets (liabilities) (26,929) 11,291
Total assets less current liabilities (23,205) 37,395
Total net assets (liabilities) (23,205) 37,395
Capital and reserves
Called up share capital 4 100 100
Profit and loss account (23,305) 37,295
Shareholders' funds (23,205) 37,395
  • For the year ending 30 April 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 October 2016

And signed on their behalf by:
Mrs H Kerr, Director

HANDY SEARCHES LIMITED Registered Number 05695748

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Equipment - 25% straight line

Intangible assets amortisation policy
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:

Goodwill - 10% straight line

2Intangible fixed assets
£
Cost
At 1 May 2015 240,321
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2016 240,321
Amortisation
At 1 May 2015 216,288
Charge for the year 24,031
On disposals -
At 30 April 2016 240,319
Net book values
At 30 April 2016 2
At 30 April 2015 24,033
3Tangible fixed assets
£
Cost
At 1 May 2015 10,000
Additions 2,276
Disposals -
Revaluations -
Transfers -
At 30 April 2016 12,276
Depreciation
At 1 May 2015 7,929
Charge for the year 625
On disposals -
At 30 April 2016 8,554
Net book values
At 30 April 2016 3,722
At 30 April 2015 2,071
4Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
100 Ordinary shares of £1 each 100 100