Vizcaya Holdings Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04985752 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

FOR

VIZCAYA HOLDINGS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D G Hindley

Mrs J E Beaumont

SECRETARY:

D G Hindley

REGISTERED OFFICE:

10 Tamworth Street

Lichfield

Staffordshire

WS13 6JJ

REGISTERED NUMBER:

04985752 (England and Wales)

ACCOUNTANTS:

Wynniatt-Husey Ltd

Chartered Accountants

The Old Coach House

Horsefair

Rugeley

Staffordshire

WS15 2EL

FIXED ASSETS

414,459

Tangible assets

2

408,671

23,734

Investments

3

23,734

438,193

432,405

CURRENT ASSETS

-

Debtors

543

39,911

Investments

39,911

89,444

Cash at bank

99,994

129,355

140,448

CREDITORS

11,747

Amounts falling due within one year

66,712

117,608

NET CURRENT ASSETS

73,736

555,801

TOTAL ASSETS LESS CURRENT
LIABILITIES

506,141

6,906

PROVISIONS FOR LIABILITIES

7,473

548,895

NET ASSETS

498,668

CAPITAL AND RESERVES

250,200

Called up share capital

4

250,800

298,695

Profit and loss account

247,868

548,895

SHAREHOLDERS' FUNDS

498,668

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 13 February 2017 and were signed on its behalf
by:

Mrs J E Beaumont - Director

D G Hindley - 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 services, 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.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on cost

Deferred tax

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

sheet date.

Investments

Investments held as fixed assets are shown at cost less provision for impairment.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

529,305

Additions

11,000

At 30 June 2016

540,305

DEPRECIATION

At 1 July 2015

114,846

Charge for year

16,788

At 30 June 2016

131,634

NET BOOK VALUE

At 30 June 2016

408,671

At 30 June 2015

414,459

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 July 2015

and 30 June 2016

250,000

PROVISIONS

At 1 July 2015

and 30 June 2016

226,266

NET BOOK VALUE

At 30 June 2016

23,734

At 30 June 2015

23,734

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

250,200

Ordinary

£1

250,200

600

Ordinary B

£1

600

-

250,800

250,200

600 Ordinary B shares of £1 each were allotted and fully paid for cash at par during the year.