AUSTIN_HOLLAND_LIMITED - Accounts

AUSTIN HOLLAND LIMITED - Company Information

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AUSTIN HOLLAND LIMITED

T/A CARTER & WILLOW

Company Registration No. 08819543 (England and Wales)

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2016

WARNEFORD GIBBS

CHARTERED CERTIFIED ACCOUNTANTS

RUISLIP, MIDDLESEX HA4 74E

AUSTIN HOLLAND LIMITED

T/A CARTER & WILLOW

CONTENTS

Page

Accountants' report

Abbreviated balance sheet

2 - 3

Notes to the abbreviated accounts

4 - 5

AUSTIN HOLLAND LIMITED

T/A CARTER & WILLOW

REPORT TO THE DIRECTOR ON THE PREPARATION OF THE

UNAUDITED STATUTORY ACCOUNTS OF AUSTIN HOLLAND LIMITED

- 1 -

The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 5 have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Austin Holland Limited for the year ended 30 April 2016 set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the Board of Directors of Austin Holland Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Austin Holland Limited and state those matters that we have agreed to state to the Board of Directors of Austin Holland Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Austin Holland Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Austin Holland Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Austin Holland Limited. You consider that Austin Holland Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Austin Holland Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Warneford Gibbs

College House

Chartered Certified Accountants

17 King Edwards Road

Ruislip

Middlesex

United Kingdom

HA4 7AE

25 January 2017

AUSTIN HOLLAND LIMITED

T/A CARTER & WILLOW

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2016

- 2 -

2016

2015

Notes

Fixed assets

Tangible assets

6,779

684

Current assets

Debtors

1,750

Cash at bank and in hand

5,585

3,180

7,335

3,213

Creditors: amounts falling due within one year

(14,889)

(13,417)

Net current liabilities

(7,554)

(10,204)

Total assets less current liabilities

(775)

(9,520)

Capital and reserves

Called up share capital

Share premium account

59,979

39,984

Profit and loss account

(60,838)

(49,583)

Shareholders' funds

(775)

(9,520)

AUSTIN HOLLAND LIMITED

T/A CARTER & WILLOW

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

30 APRIL 2016

- 3 -

For the financial year ended 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 23 January 2017

A Collins

Director

Company Registration No. 08819543

AUSTIN HOLLAND LIMITED

T/A CARTER & WILLOW

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

- 4 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for services net of trade discounts.

1.4

Tangible fixed assets and depreciation

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

Land and buildings Leasehold

Over term of lease

Fixtures, fittings & equipment

25% Reducing balance

1.5

Leasing

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 May 2015

965

Additions

7,403

At 30 April 2016

8,368

Depreciation

At 1 May 2015

281

Charge for the year

1,308

At 30 April 2016

1,589

Net book value

At 30 April 2016

6,779

At 30 April 2015

684

AUSTIN HOLLAND LIMITED

T/A CARTER & WILLOW

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2016

- 5 -

Share capital

2016

2015

Allotted, called up and fully paid

8,400 Ordinary shares of 1p each

On 5 August 2015, a further 525 £0.01 Ordinary shares were issued for £38.0952 per share.