Hightown Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03311126 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Hightown Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M A Dressekie

SECRETARY:

F B Dressekie

REGISTERED OFFICE:

35 Woodville Road

London

NW11 9TP

REGISTERED NUMBER:

03311126 (England and Wales)

ACCOUNTANTS:

BANDAY LIMITED

Chartered Accountants

47 Park Chase

Wembley

Middlesex

HA9 8EQ

FIXED ASSETS

Tangible assets

2

9,170

12,230

CURRENT ASSETS

Debtors

84,313

69,964

Cash at bank and in hand

2,602

9,191

86,915

79,155

CREDITORS

Amounts falling due within one year

59,153

63,221

NET CURRENT ASSETS

27,762

15,934

TOTAL ASSETS LESS CURRENT LIABILITIES

36,932

28,164

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

36,930

28,162

SHAREHOLDERS' FUNDS

36,932

28,164

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 24 January 2017 and were signed by:

M A Dressekie - 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 services for hiring of vehicles and garages, excluding value added tax.

Tangible fixed assets

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

life.

Motor Vehicles - 25% Reducing Balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

29,950

DEPRECIATION

At 1 April 2015

17,720

Charge for year

3,060

At 31 March 2016

20,780

NET BOOK VALUE

At 31 March 2016

9,170

At 31 March 2015

12,230

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

2

Ordinary Shares

£1

2

2

4.	ULTIMATE CONTROLLING PARTY