Herberts Limited - Limited company - abbreviated

REGISTERED NUMBER: 04367964

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Herberts Limited

Page

Company Information

1

Report of the Accountants

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTORS:

R G White

Mrs N Fernandez

REGISTERED OFFICE:

18 Winchester Street

Salisbury

Wiltshire

SP1 1HG

REGISTERED NUMBER:

04367964

ACCOUNTANTS:

Rawlence and Browne Limited

Unit 17, Sarum Business Park

Lancaster Road

Old Sarum

Salisbury

Wiltshire

SP4 6FB

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages three to six) have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the

year ended 31 March 2014 set out on pages seven to nine and you consider that the company is exempt from

an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to

assist you to fulfil your statutory responsibilities, from the accounting records and information and

explanations supplied to us.

Rawlence and Browne Limited

Unit 17, Sarum Business Park

Lancaster Road

Old Sarum

Salisbury

Wiltshire

SP4 6FB

Date: .............................................

FIXED ASSETS

Intangible assets

2

29,014

32,642

Tangible assets

3

1,948

2,279

30,962

34,921

CURRENT ASSETS

Stocks

4,457

4,598

Debtors

277

335

Cash at bank and in hand

57,839

44,247

62,573

49,180

CREDITORS

Amounts falling due within one year

70,658

66,966

NET CURRENT LIABILITIES

(8,085

)

(17,786

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

22,877

17,135

PROVISIONS FOR LIABILITIES

390

365

NET ASSETS

22,487

16,770

CAPITAL AND RESERVES

Called up share capital

4

200

Profit and loss account

22,287

16,570

SHAREHOLDERS' FUNDS

22,487

16,770

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 10 October 2014 and were signed on its
behalf by:

R G White - Director

Mrs N Fernandez - 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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1995, is being amortised evenly over its estimated useful life of twenty years.

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

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

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

the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

72,550

AMORTISATION

At 1 April 2013

39,908

Amortisation for year

3,628

At 31 March 2014

43,536

NET BOOK VALUE

At 31 March 2014

29,014

At 31 March 2013

32,642

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

4,891

DEPRECIATION

At 1 April 2013

2,612

Charge for year

331

At 31 March 2014

2,943

NET BOOK VALUE

At 31 March 2014

1,948

At 31 March 2013

2,279

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

100

Ordinary

1

100

50

Ordinary B

1

50

Ordinary C

1

50

200

Herberts Limited - Limited company - abbreviated - 11.6

Herberts Limited - Limited company - abbreviated - 11.6