Hillsdon and Sons Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 01745034 (England and Wales)

Abbreviated Accounts for the Year Ended 30 April 2016

for

Hillsdon and Sons Limited

Trading as

Hillsdon Construction

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTORS:

D J Hillsdon

Mrs L M Hillsdon

SECRETARY:

Mrs J Pepler

REGISTERED OFFICE:

Unit 16 W & G Industrial Estate

Faringdon Road

East Challow

Wantage

Oxfordshire

OX12 9TF

REGISTERED NUMBER:

01745034 (England and Wales)

ACCOUNTANTS:

Westell

Accountants

3 Bradfield Court

Drayton Mill, Milton Road

Drayton

Abingdon

Oxfordshire

OX14 4EF

FIXED ASSETS

Tangible assets

2

134,520

128,594

Investments

3

2

134,522

128,596

CURRENT ASSETS

Stocks

37,372

7,102

Debtors

793,504

829,620

Cash at bank

585,215

360,205

1,416,091

1,196,927

CREDITORS

Amounts falling due within one year

690,940

692,989

NET CURRENT ASSETS

725,151

503,938

TOTAL ASSETS LESS CURRENT
LIABILITIES

859,673

632,534

PROVISIONS FOR LIABILITIES

9,802

8,366

NET ASSETS

849,871

624,168

CAPITAL AND RESERVES

Called up share capital

4

8,650

Profit and loss account

841,221

615,518

SHAREHOLDERS' FUNDS

849,871

624,168

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 27 January 2017 and were signed on its behalf by:

D J Hillsdon - 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 sales of goods, 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.

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

254,115

Additions

32,254

Disposals

(22,450

)

At 30 April 2016

263,919

DEPRECIATION

At 1 May 2015

125,521

Charge for year

25,941

Eliminated on disposal

(22,063

)

At 30 April 2016

129,399

NET BOOK VALUE

At 30 April 2016

134,520

At 30 April 2015

128,594

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 May 2015

and 30 April 2016

2

NET BOOK VALUE

At 30 April 2016

2

At 30 April 2015

2

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

4,275

Ordinary

£1

4,275

Ordinary A non-voting

£1

4,275

100

Ordinary B non-voting

£1

100

8,650

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2016 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Westell

Accountants

3 Bradfield Court

Drayton Mill, Milton Road

Drayton

Abingdon

Oxfordshire

OX14 4EF

Date: .............................................