| The House Family Limited |
| Registered number: |
08709657 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
60,000 |
|
|
80,000 |
| Tangible assets |
3 |
|
|
15,955 |
|
|
5,635 |
|
|
|
|
75,955 |
|
|
85,635 |
|
| Current assets |
| Stocks |
|
|
26,603 |
|
|
24,524 |
| Debtors |
|
|
3,139 |
|
|
- |
| Cash at bank and in hand |
|
|
204,872 |
|
|
57,843 |
|
|
|
234,614 |
|
|
82,367 |
|
| Creditors: amounts falling due within one year |
|
|
(75,979) |
|
|
(83,269) |
|
| Net current assets/(liabilities) |
|
|
|
158,635 |
|
|
(902) |
|
| Total assets less current liabilities |
|
|
|
234,590 |
|
|
84,733 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(216,144) |
|
|
(51,590) |
|
|
|
| Net assets |
|
|
|
18,446 |
|
|
33,143 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
4 |
|
|
4 |
| Profit and loss account |
|
|
|
18,442 |
|
|
33,139 |
|
| Shareholders' funds |
|
|
|
18,446 |
|
|
33,143 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
| S Extance J J Y Murray |
| Director |
| Approved by the board on 30 November 2016 |
|
| The House Family Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Bar and kitchen equipment |
25% straight line |
|
Office equipment |
25% straight line |
|
Furniture and fixtures |
25% straight line |
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
100,000 |
|
At 31 March 2016 |
100,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2015 |
20,000 |
|
Provided during the year |
20,000 |
|
At 31 March 2016 |
40,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
60,000 |
|
At 31 March 2015 |
80,000 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
7,510 |
|
Additions |
16,263 |
|
At 31 March 2016 |
23,773 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
1,875 |
|
Charge for the year |
5,943 |
|
At 31 March 2016 |
7,818 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
15,955 |
|
At 31 March 2015 |
5,635 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
4 |
|
4 |
|
4 |
|
|
|
|
|
|
|
|
|
