Pickhill Engineers (Hipperholme) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 00313903

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Pickhill Engineers (Hipperholme) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J G Clarke

REGISTERED OFFICE:

West Hill House

Allerton Hill

Chapel Allerton

Leeds

LS7 3QB

REGISTERED NUMBER:

00313903

ACCOUNTANTS:

Malcolm Jones & Co Limited

Accountants and Business Advisers

West Hill House

Allerton Hill

Chapel Allerton

Leeds

West Yorkshire

LS7 3QB

FIXED ASSETS

Tangible assets

2

1,312,908

1,312,908

CURRENT ASSETS

Debtors

24,460

30,450

Cash at bank

3,505

3,999

27,965

34,449

CREDITORS

Amounts falling due within one year

176,242

749,358

NET CURRENT LIABILITIES

(148,277

)

(714,909

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,164,631

597,999

CREDITORS

Amounts falling due after more than one year

3

505,000

505,000

NET ASSETS

659,631

92,999

CAPITAL AND RESERVES

Called up share capital

4

90,000

90,000

Profit and loss account

569,631

2,999

SHAREHOLDERS' FUNDS

659,631

92,999

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 19 January 2017 and were signed by:

J G Clarke - 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).

Tangible fixed assets

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

Depreciation is not provided on investment properties in accordance with Statement of Standard Accounting

Practice 19.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

1,312,908

NET BOOK VALUE

At 31 March 2016

1,312,908

At 31 March 2015

1,312,908

Investment properties are shown at cost in the financial statements.

3.

CREDITORS

Creditors include an amount of £ 505,000 (31.3.15 - £ 505,000 ) for which security has been given.

They also include the following debts falling due in more than five years:

31.3.16

31.3.15

£

£

Repayable otherwise than by instalments

505,000

505,000

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

10,000

Ordinary

£1

10,000

10,000

80,000

Deferred

£1

80,000

80,000

90,000

90,000

5.	ULTIMATE PARENT COMPANY