Abbreviated Company Accounts - STRANGE HILL LIMITED

STRANGE HILL LIMITED - Company Information

07238525 STRANGE HILL LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 07238525 2015-05-01 2016-04-30 07238525 2016-04-30 07238525 2015-04-30 07238525 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 07238525 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:Director3 2015-05-01 2016-04-30 uk-gaap-cd-bus:Director3 2016-04-30 uk-gaap-cd-bus:Director3 2015-04-30 uk-gaap-cd-bus:Director4 2015-05-01 2016-04-30 uk-gaap-cd-bus:Director4 2016-04-30 uk-gaap-cd-bus:Director4 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 07238525

STRANGE HILL LIMITED

Abbreviated Accounts

30 April 2016

STRANGE HILL LIMITED Registered Number 07238525

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	8,880	10,854
		8,880	10,854
Current assets
Debtors		208,616	194,059
Cash at bank and in hand		1,581	19,695
		210,197	213,754
Creditors: amounts falling due within one year		(169,148)	(174,783)
Net current assets (liabilities)		41,049	38,971
Total assets less current liabilities		49,929	49,825
Creditors: amounts falling due after more than one year		(2,701)	(5,908)
Provisions for liabilities		(1,775)	(1,965)
Total net assets (liabilities)		45,453	41,952
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		45,452	41,951
Shareholders' funds		45,453	41,952

For the year ending 30 April 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 14 February 2017

And signed on their behalf by:
C R M Hill, Director
C Lancaster, Director

STRANGE HILL LIMITED Registered Number 07238525

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
This is the first year in which the accounts have been prepared under FRS 102.

The company has taken advantage of the following disclosure exemption in preparing these financial statements as permitted by FRS 102-
-the requirements of Section 7, Statement of Cash Flows

Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Fixtures and Fittings varying rates on cost
Motor Vehicles 25% reducing balance
Computer Equipment 33% cost

Other accounting policies
FOREIGN CURRENCIES
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2Tangible fixed assets

	£
Cost
At 1 May 2015	33,790
Additions	3,038
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	36,828
Depreciation
At 1 May 2015	22,936
Charge for the year	5,012
On disposals	-
At 30 April 2016	27,948
Net book values
At 30 April 2016	8,880
At 30 April 2015	10,854

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1

4Transactions with directors

Name of director receiving advance or credit:	C R M Hill
Description of the transaction:	Director's Current Account
Balance at 1 May 2015:	£ 60,409
Advances or credits made:	£ 77,257
Advances or credits repaid:	£ 60,409
Balance at 30 April 2016:	£ 77,257

Name of director receiving advance or credit:	N Strangeway
Description of the transaction:	Director's Current Account
Balance at 1 May 2015:	£ 51,919
Advances or credits made:	£ 41,443
Advances or credits repaid:	£ 51,919
Balance at 30 April 2016:	£ 41,443

Beneficial loan interest of £4262 (2015: £3727) has been charged on the overdrawn balances at 3% per annum.