Mr D G Hargreaves Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07180335 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

MR D G HARGREAVES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

D G Hargreaves

SECRETARY:

REGISTERED OFFICE:

Wellow Park House

Ryedown Lane

East Wellow

Hampshire

SO51 6BD

REGISTERED NUMBER:

07180335 (England and Wales)

ACCOUNTANTS:

GMT Accountancy Services

31 Upper Village Road

Sunninghill

Ascot

Berkshire

SL5 7AJ

FIXED ASSETS

Intangible assets

2

239,000

Tangible assets

3

2,194

1,795

241,194

240,795

CURRENT ASSETS

Debtors

93,141

86,230

Prepayments and accrued income

19,865

11,208

Cash at bank

61,274

3,624

174,280

101,062

CREDITORS

Amounts falling due within one year

(30,827

)

44,955

NET CURRENT ASSETS

205,107

56,107

TOTAL ASSETS LESS CURRENT
LIABILITIES

446,301

296,902

CREDITORS

Amounts falling due after more than one year

13,829

-

NET ASSETS

432,472

296,902

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

432,470

296,900

SHAREHOLDERS' FUNDS

432,472

296,902

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 23 December 2016 and were signed by:

D G Hargreaves - 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 services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

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

239,000

NET BOOK VALUE

At 31 March 2016

239,000

At 31 March 2015

239,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

2,961

Additions

399

At 31 March 2016

3,360

DEPRECIATION

At 1 April 2015

and 31 March 2016

1,166

NET BOOK VALUE

At 31 March 2016

2,194

At 31 March 2015

1,795

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2