The Heavy Lunch Surf Team Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 03559239 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

for

The Heavy Lunch Surf Team Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

4

DIRECTORS:

P J Berryman

Miss F E Jenkins

SECRETARY:

Miss F E Jenkins

REGISTERED OFFICE:

1 St Aldhelm Road

Malmesbury

WIltshire

SN16 ODB

REGISTERED NUMBER:

03559239 (England and Wales)

ACCOUNTANTS:

Chartax Accounting & Taxation Limited

2nd Floor, 53 High Street

Keynsham

NE Somerset

BS31 1DS

FIXED ASSETS

Tangible assets

2

4,007

3,855

CURRENT ASSETS

Debtors

15,367

20,412

Cash at bank

21,819

12,277

37,186

32,689

CREDITORS

Amounts falling due within one year

23,679

26,592

NET CURRENT ASSETS

13,507

6,097

TOTAL ASSETS LESS CURRENT LIABILITIES

17,514

9,952

PROVISIONS FOR LIABILITIES

765

726

NET ASSETS

16,749

9,226

CAPITAL AND RESERVES

Called up share capital

3

4

Profit and loss account

16,745

9,222

SHAREHOLDERS' FUNDS

16,749

9,226

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 for company number 3559239 were approved by the Board of Directors on 28 February 2017 and were
signed on its behalf by:

P J Berryman - 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.

Plant and machinery

-

15% on reducing balance

Computer equipment

-

33% 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.

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 June 2015

15,934

Additions

1,895

At 31 May 2016

17,829

DEPRECIATION

At 1 June 2015

12,079

Charge for year

1,743

At 31 May 2016

13,822

NET BOOK VALUE

At 31 May 2016

4,007

At 31 May 2015

3,855

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

4

Ordinary

£1

4

4.	ULTIMATE CONTROLLING PARTY

The controlling party is P J Berryman.

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 three) have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2016 set out on pages three to seven 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.

Chartax Accounting & Taxation Limited

2nd Floor, 53 High Street

Keynsham

NE Somerset

BS31 1DS

28 February 2017