N & S Hiney Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07930675 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

N & S HINEY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs A V Hiney

S Hiney

REGISTERED OFFICE:

10 Kiln Lane

Old Alresford

Alresford

Hampshire

SO24 9DU

REGISTERED NUMBER:

07930675 (England and Wales)

ACCOUNTANTS:

Taxbusters Ltd

Units 3 and 4 Shelley Farm

Shelley Lane

Ower

Romsey

Hampshire

SO51 6AS

FIXED ASSETS

Tangible assets

2

13,214

7,690

CURRENT ASSETS

Cash at bank

13,645

2,798

CREDITORS

Amounts falling due within one year

21,195

9,187

NET CURRENT LIABILITIES

(7,550

)

(6,389

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,664

1,301

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

5,662

1,299

SHAREHOLDERS' FUNDS

5,664

1,301

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 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 6 December 2016 and were
signed on its behalf by:

Mrs A V Hiney - Director

S Hiney - 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 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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight

line basis over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

11,455

Additions

27,223

Disposals

(17,500

)

At 31 March 2016

21,178

DEPRECIATION

At 1 April 2015

3,765

Charge for year

4,199

At 31 March 2016

7,964

NET BOOK VALUE

At 31 March 2016

13,214

At 31 March 2015

7,690

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

2

Ordinary

£1

2