HYGIENIC_WASTE_SOLUTIONS_ - Accounts

HYGIENIC WASTE SOLUTIONS LTD - Company Information

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Company Registration No. 08474778 (England and Wales)

HYGIENIC WASTE SOLUTIONS LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2016

HYGIENIC WASTE SOLUTIONS LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

HYGIENIC WASTE SOLUTIONS LTD

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2016

- 1 -

2016

2015

Notes

Fixed assets

Intangible assets

16,720

21,757

Investments

16,721

21,758

Current assets

Stocks

5,068

938

Debtors

12,784

12,813

Cash at bank and in hand

437

2,436

18,289

16,187

Creditors: amounts falling due within one year

(69,694)

(52,459)

Net current liabilities

(51,405)

(36,272)

Total assets less current liabilities

(34,684)

(14,514)

Capital and reserves

Called up share capital

Profit and loss account

(34,694)

(14,524)

Shareholders' funds

(34,684)

(14,514)

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.

Directors' 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 directors acknowledge their 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 30 January 2017

Mr N Glennie

Director

Company Registration No. 08474778

HYGIENIC WASTE SOLUTIONS LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

- 2 -

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).

The directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of the support of the directors.

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 goods and services net of VAT and trade discounts.

1.4

Patents and development costs

Patents and development costs are valued at cost less accumulated amortisation. Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful lives.

1.5

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.6

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

HYGIENIC WASTE SOLUTIONS LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2016

- 3 -

Fixed assets

Intangible assets

Investments

Total

Cost

At 1 May 2015

28,446

28,447

Additions

815

At 30 April 2016

29,261

29,262

Depreciation

At 1 May 2015

6,689

Charge for the year

5,852

At 30 April 2016

12,541

Net book value

At 30 April 2016

16,720

16,721

At 30 April 2015

21,757

21,758

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Culina Designs Limited

England & Wales

Ordinary

100.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2016

Principal activity

Culina Designs Limited

Dormant

Culina Designs Limited was incorporated on the 15 January 2015 and remained dormant up to the 30 April 2016.

Share capital

2016

2015

Allotted, called up and fully paid

10 Ordinary of £1 each