The Hutson Motor Company Ltd - Abbreviated accounts 16.3

The Hutson Motor Company Ltd - Abbreviated accounts 16.3

THE HUTSON MOTOR COMPANY LTD - Company Information

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REGISTERED NUMBER: 02007723 (England and Wales)






























ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

THE HUTSON MOTOR COMPANY LTD

THE HUTSON MOTOR COMPANY LTD (REGISTERED NUMBER: 02007723)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

THE HUTSON MOTOR COMPANY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2016







DIRECTORS: Mrs J Hutson
Mr M A Hutson
Mr M Hutson





SECRETARY: Mr M Hutson





REGISTERED OFFICE: 5 Woodgate
Rothley
Leicestershire
LE7 7LL





REGISTERED NUMBER: 02007723 (England and Wales)
Page 1
THE HUTSON MOTOR COMPANY LTD (REGISTERED NUMBER: 02007723)

ABBREVIATED BALANCE SHEET
31 MARCH 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 104,393 108,563

CURRENT ASSETS
Stocks 330,218 312,851
Debtors 64,623 40,381
Cash at bank and in hand 89,061 74,071
483,902 427,303
CREDITORS
Amounts falling due within one year 1,403,549 1,351,602
NET CURRENT LIABILITIES (919,647 ) (924,299 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(815,254
)
(815,736
)

CAPITAL AND RESERVES
Called up share capital 3 2 2
Revaluation reserve 31,972 33,442
Retained earnings (847,228 ) (849,180 )
SHAREHOLDERS' FUNDS (815,254 ) (815,736 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these abbreviated accounts

Page 2 continued...
THE HUTSON MOTOR COMPANY LTD (REGISTERED NUMBER: 02007723)

ABBREVIATED BALANCE SHEET - continued
31 MARCH 2016


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 Board of Directors on 28 November 2016 and were signed on its behalf
by:





Mr M A Hutson - Director


The notes form part of these abbreviated accounts

Page 3
THE HUTSON MOTOR COMPANY LTD (REGISTERED NUMBER: 02007723)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016


1. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS
The financial statements contain information about The Hutson Motor Company Ltd as an individual company
and do not contain consolidated financial information as the parent of a group. The company has taken the option
under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

RELATED PARTY EXEMPTION
The company has taken advantage of exemption, under the terms of Financial Reporting Standard for Smaller
Entities (effective January 2015), not to disclose related party transactions with wholly owned subsidiaries within
the group.

TURNOVER
Turnover represents net invoiced sales of goods, 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.
Freehold property - 2% on cost
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

FOREIGN CURRENCIES
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

GOING CONCERN
The financial statements are prepared on the going concern basis which assumes that the company will continue
to trade. However, the validity of the going concern is dependent upon the continued support of the holding
company.

Page 4 continued...
THE HUTSON MOTOR COMPANY LTD (REGISTERED NUMBER: 02007723)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2016


2. TANGIBLE FIXED ASSETS
Total
£   
COST OR VALUATION
At 1 April 2015
and 31 March 2016 393,354
DEPRECIATION
At 1 April 2015 284,791
Charge for year 4,170
At 31 March 2016 288,961
NET BOOK VALUE
At 31 March 2016 104,393
At 31 March 2015 108,563

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
2 Ordinary £1 2 2

4. ULTIMATE PARENT COMPANY

Mahcon Construction Services Limited is regarded by the directors as being the company's ultimate parent
company.

Page 5