Hot & Cold Flushes Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08427999 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

HOT & COLD FLUSHES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTOR:

M Bennett

REGISTERED OFFICE:

26 Malton Way

Tunbridge Wells

Kent

TN2 4QE

REGISTERED NUMBER:

08427999 (England and Wales)

ACCOUNTANTS:

Perspective Accounting Limited

Unit B2, Birdineye Farm

Birdineye Hill

Uckfield

East Sussex

TN22 5HA

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

17,179

5,169

17,179

5,169

CURRENT ASSETS

Stocks

250

Debtors

1,000

1,166

Prepayments and accrued income

330

222

Cash at bank

3,922

3,782

5,502

5,420

CREDITORS

Amounts falling due within one year

10,877

9,188

NET CURRENT LIABILITIES

(5,375

)

(3,768

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

11,804

1,401

CREDITORS

Amounts falling due after more than one
year

(7,000

)

-

PROVISIONS FOR LIABILITIES

(3,436

)

-

NET ASSETS

1,368

1,401

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

1,268

1,301

SHAREHOLDERS' FUNDS

1,368

1,401

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 director acknowledges his 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 director on 30 December 2016 and were signed by:

M Bennett - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of two 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

-

25% 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 2015

and 31 March 2016

10,000

AMORTISATION

At 1 April 2015

and 31 March 2016

10,000

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

8,798

Additions

13,340

At 31 March 2016

22,138

DEPRECIATION

At 1 April 2015

3,629

Charge for year

1,330

At 31 March 2016

4,959

NET BOOK VALUE

At 31 March 2016

17,179

At 31 March 2015

5,169

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/16

31/3/15

value:

£

100

Ordinary

£1

100

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2016 and

31 March 2015:

31/3/16

31/3/15

£

M Bennett

Balance outstanding at start of year

(168

)

(7,447

)

Amounts advanced

16,288

24,315

Amounts repaid

(16,810

)

(17,036

)

Balance outstanding at end of year

(690

)

(168

)

The above loan to the company is interest free and has no repayment terms attached.

6.	ULTIMATE CONTROLLING PARTY

The controlling party is M Bennett.

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

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Hot & Cold Flushes Limited for the year ended 31 March 2016 which comprise the Profit and

Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Hot & Cold Flushes Limited in accordance with the terms of our engagement letter dated 5 March 2013. Our work has been undertaken solely to prepare for your approval the financial statements of Hot & Cold Flushes Limited and state those matters that we have agreed to state to the director of Hot & Cold Flushes Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hot & Cold Flushes Limited director for our work or for this report.

It is your duty to ensure that Hot & Cold Flushes Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hot & Cold Flushes Limited. You consider that Hot & Cold Flushes Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hot & Cold Flushes Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Perspective Accounting Limited

Unit B2, Birdineye Farm

Birdineye Hill

Uckfield

East Sussex

TN22 5HA

30 December 2016