Abbreviated Company Accounts - H2H ACCOUNTANCY LIMITED

H2H ACCOUNTANCY LIMITED - Company Information

07568387 H2H ACCOUNTANCY LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 07568387 2015-04-01 2016-03-31 07568387 2016-03-31 07568387 2015-03-31 07568387 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 07568387 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 07568387

H2H ACCOUNTANCY LIMITED

Abbreviated Accounts

31 March 2016

H2H ACCOUNTANCY LIMITED Registered Number 07568387

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	5,223	5,910
		5,223	5,910
Current assets
Stocks		6,927	11,400
Debtors		13,867	14,577
Cash at bank and in hand		290	3,917
		21,084	29,894
Creditors: amounts falling due within one year		(25,073)	(33,698)
Net current assets (liabilities)		(3,989)	(3,804)
Total assets less current liabilities		1,234	2,106
Provisions for liabilities		(1,045)	(1,182)
Total net assets (liabilities)		189	924
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		188	923
Shareholders' funds		189	924

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 December 2016

And signed on their behalf by:
H L Mackinnon, Director

H2H ACCOUNTANCY LIMITED Registered Number 07568387

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
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

Valuation information and policy
Work in progress is valued at the lower of cost and net realisable value. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. Income is recognised when an invoice is raised for the work carried out.

2Tangible fixed assets

	£
Cost
At 1 April 2015	10,896
Additions	522
Disposals	(549)
Revaluations	-
Transfers	-
At 31 March 2016	10,869
Depreciation
At 1 April 2015	4,986
Charge for the year	922
On disposals	(262)
At 31 March 2016	5,646
Net book values
At 31 March 2016	5,223
At 31 March 2015	5,910

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1