Abbreviated Company Accounts - HEMEL TRADE & D.I.Y. SUPPLIES LIMITED

HEMEL TRADE & D.I.Y. SUPPLIES LIMITED - Company Information

06263294 HEMEL TRADE & D.I.Y. SUPPLIES LIMITED 2016-05-31 false 2015-06-01 2016-05-31 true 06263294 2015-06-01 2016-05-31 06263294 2016-05-31 06263294 2015-05-31 06263294 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 06263294 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 06263294

HEMEL TRADE & D.I.Y. SUPPLIES LIMITED

Abbreviated Accounts

31 May 2016

HEMEL TRADE & D.I.Y. SUPPLIES LIMITED Registered Number 06263294

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,482	1,121
		2,482	1,121
Current assets
Stocks		42,303	33,632
Debtors		16,220	15,539
Cash at bank and in hand		54,962	15,229
		113,485	64,400
Creditors: amounts falling due within one year		(71,178)	(26,888)
Net current assets (liabilities)		42,307	37,512
Total assets less current liabilities		44,789	38,633
Total net assets (liabilities)		44,789	38,633
Capital and reserves
Called up share capital	3	2	1
Profit and loss account		44,787	38,632
Shareholders' funds		44,789	38,633

For the year ending 31 May 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 6 December 2016

And signed on their behalf by:
Mr A Harvey, Director

HEMEL TRADE & D.I.Y. SUPPLIES LIMITED Registered Number 06263294

Notes to the Abbreviated Accounts for the period ended 31 May 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 the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery - 25% straight line
Fixtures, fittings and equipment - 25% straight line
Motor Vehicles - 25% straight line

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 June 2015	25,957
Additions	3,100
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	29,057
Depreciation
At 1 June 2015	24,836
Charge for the year	1,739
On disposals	-
At 31 May 2016	26,575
Net book values
At 31 May 2016	2,482
At 31 May 2015	1,121

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

	2016 £	2015 £
2 Ordinary shares of £1 each (1 shares for 2015)	2	1