Booth Holmes Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06867904 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

Booth Holmes Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M A Booth

REGISTERED OFFICE:

15 Windmill Grove

Cleckheaton

West Yorkshire

BD19 4JL

REGISTERED NUMBER:

06867904 (England and Wales)

ACCOUNTANTS:

Walker Broadbent Associates

Chartered Accountants

Lencett House

45 Boroughgate

Otley

West Yorkshire

LS21 1AG

FIXED ASSETS

Tangible assets

2

83

134

Investment property

3

-

85,867

83

86,001

CURRENT ASSETS

Debtors

22,932

-

Cash at bank

40

67,120

22,972

67,120

CREDITORS

Amounts falling due within one year

2,112

154,141

NET CURRENT ASSETS/(LIABILITIES)

20,860

(87,021

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

20,943

(1,020

)

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

20,843

(1,120

)

SHAREHOLDERS' FUNDS

20,943

(1,020

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 29 November 2016 and were signed by:

M A Booth - 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 net invoiced sales of services, excluding value added tax.

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 etc

-

33% on cost and 15% on reducing balance

Deferred tax

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

sheet date.

Investment property

In accordance with SSAP 19, investment properties are stated at their open market value. The aggregate surplus

or deficit is transferred to the revaluation reserve, subject to individual impairments in value. Such a transfer to

the revaluation reserve is a departure from the Companies Act 2006, which requires all surpluses or deficits to be

charged to the profit and loss account. The director has adopted this treatment, as he believes it is necessary for

the accounts to show a true and fair view.

No depreciation is provided in respect of investment properties. If depreciation had been charged the profit for

the financial year would have been reduced. However, the amount of depreciation cannot reasonably be

quantified because depreciation is only one of the many factors reflected in the annual valuation.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

883

DEPRECIATION

At 1 May 2015

749

Charge for year

51

At 30 April 2016

800

NET BOOK VALUE

At 30 April 2016

83

At 30 April 2015

134

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 May 2015

85,867

Disposals

(85,867

)

At 30 April 2016

-

NET BOOK VALUE

At 30 April 2016

-

At 30 April 2015

85,867

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

100

Ordinary

1

100

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2016 and

30 April 2015:

30.4.16

30.4.15

£

M A Booth

Balance outstanding at start of year

-

Amounts advanced

22,932

-

Amounts repaid

-

Balance outstanding at end of year

22,932

-

This amount was repaid by means of funds introduced within 9 months of the year end.