Hoopers Enterprises Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07199170 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31ST MAY 2016

FOR

HOOPERS ENTERPRISES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Ms D Hooper

REGISTERED OFFICE:

C/o Michael Heaven & Associates Limited

Quadrant Court, 48 Calthorpe Road

Edgbaston

Birmingham

West Midlands

B15 1TH

REGISTERED NUMBER:

07199170 (England and Wales)

ACCOUNTANTS:

Michael Heaven & Associates Limited

Chartered Certified Accountants

47 Calthorpe Road

Edgbaston

BIRMINGHAM

B15 1TH

INCORPORATED:

23rd March 2010

FIXED ASSETS

Intangible assets

2

24,000

30,000

Tangible assets

3

4,021

5,027

28,021

35,027

CURRENT ASSETS

Stocks

3,300

Debtors

1,168

3,686

Cash at bank and in hand

59,600

41,744

64,068

48,730

CREDITORS

Amounts falling due within one year

90,211

99,437

NET CURRENT LIABILITIES

(26,143

)

(50,707

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,878

(15,680

)

PROVISIONS FOR LIABILITIES

804

182

NET ASSETS/(LIABILITIES)

1,074

(15,862

)

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

974

(15,962

)

SHAREHOLDERS' FUNDS

1,074

(15,862

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 16th January 2017 and were signed by:

Ms D Hooper - 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 the value of goods and services provided to the extent that there is a right to

consideration and is recorded at the value of the consideration due.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten 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

-

20% on reducing balance

Fixtures & computer equipment

-

20% on reducing balance

Stocks

Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out

basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is

made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Pension costs and other post-retirement benefits

The company contributed into the director's defined contribution pension scheme. Contributions

payable to the director's pension scheme are charged to the profit and loss account in the period to which

they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st June 2015

and 31st May 2016

60,000

AMORTISATION

At 1st June 2015

30,000

Amortisation for year

6,000

At 31st May 2016

36,000

NET BOOK VALUE

At 31st May 2016

24,000

At 31st May 2015

30,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st June 2015

and 31st May 2016

11,629

DEPRECIATION

At 1st June 2015

6,602

Charge for year

1,006

At 31st May 2016

7,608

NET BOOK VALUE

At 31st May 2016

4,021

At 31st May 2015

5,027

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100