Company Registration No. 02203653 (England and Wales)
HOLME LANE HAULAGE LIMITED
Abbreviated unaudited accounts
for the year ended 31 August 2016
HOLME LANE HAULAGE LIMITED
Abbreviated Balance Sheet
as at 31 August 2016
Tangible assets
417,743
427,007
Cash at bank and in hand
1,162,524
1,093,525
Creditors: amounts falling due within one year
(214,048)
(152,136)
Net current assets
2,093,577
1,849,236
Net assets
2,511,521
2,276,343
Called up share capital
100
100
Profit and loss account
2,511,421
2,276,243
Total shareholders' funds
2,511,521
2,276,343
For the year ending 31 August 2016 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 23 December 2016
R G Fell
Director
Company Registration No. 02203653
HOLME LANE HAULAGE LIMITED
Notes to the Abbreviated Accounts
for the year ended 31 August 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% reducing balance
Motor vehicles
25% reducing balance
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
At 1 September 2015
1,172,180
At 31 August 2016
1,228,839
At 1 September 2015
745,173
Charge for the year
65,923
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
