Mode Holdings Ltd - Abbreviated accounts 16.3

Mode Holdings Ltd - Abbreviated accounts 16.3

MODE HOLDINGS LTD - Company Information

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REGISTERED NUMBER: 09646026 (England and Wales)















ABBREVIATED ACCOUNTS FOR THE PERIOD 18 JUNE 2015 TO 30 JUNE 2016

FOR

MODE HOLDINGS LTD

MODE HOLDINGS LTD (REGISTERED NUMBER: 09646026)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 18 JUNE 2015 TO 30 JUNE 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

MODE HOLDINGS LTD

COMPANY INFORMATION
FOR THE PERIOD 18 JUNE 2015 TO 30 JUNE 2016







DIRECTOR: I S Edwards





REGISTERED OFFICE: 14 Cottesbrooke Park
Heartlands
Daventry
Northamptonshire
NN11 8YL





REGISTERED NUMBER: 09646026 (England and Wales)





ACCOUNTANTS: DNG Dove Naish
Chartered Accountants
Eagle House
28 Billing Road
Northampton
NN1 5AJ
Page 1
MODE HOLDINGS LTD (REGISTERED NUMBER: 09646026)

ABBREVIATED BALANCE SHEET
30 JUNE 2016

Notes £    £   
FIXED ASSETS
Investments 2 100
Investment property 3 254,736
254,836

CURRENT ASSETS
Debtors 49,322
Cash at bank 925
50,247
CREDITORS
Amounts falling due within one year 4 143,894
NET CURRENT LIABILITIES (93,647 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
161,189

CREDITORS
Amounts falling due after more than one
year
4
160,395
NET ASSETS 794

CAPITAL AND RESERVES
Called up share capital 5 100
Profit and loss account 694
SHAREHOLDERS' FUNDS 794

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

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

The director acknowledges his 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 notes form part of these abbreviated accounts

Page 2 continued...
MODE HOLDINGS LTD (REGISTERED NUMBER: 09646026)

ABBREVIATED BALANCE SHEET - continued
30 JUNE 2016


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 director on 17 March 2017 and were signed by:





I S Edwards - Director


The notes form part of these abbreviated accounts

Page 3
MODE HOLDINGS LTD (REGISTERED NUMBER: 09646026)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 18 JUNE 2015 TO 30 JUNE 2016


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).

Preparation of consolidated financial statements
The financial statements contain information about Mode Holdings Ltd as an individual company and
do not contain consolidated financial information as the parent of a group. The company has taken the
option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from
changes in market value is transferred to a revaluation reserve.

Deferred tax
Deferred taxation is provided on the liability method to take account of timing differences between the
treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or
accelerated is accounted for in respect of all material timing differences.

2. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
Additions 100
At 30 June 2016 100
NET BOOK VALUE
At 30 June 2016 100

The company's investments at the Balance Sheet date in the share capital of companies include the
following:

Mode Racing Limited
Nature of business: wholesale trade of motor parts
%
Class of shares: holding
Ordinary 100.00
2016
£   
Aggregate capital and reserves 2,384
Profit for the period 9,784

Page 4 continued...
MODE HOLDINGS LTD (REGISTERED NUMBER: 09646026)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE PERIOD 18 JUNE 2015 TO 30 JUNE 2016


3. INVESTMENT PROPERTY
Total
£   
COST
Additions 254,736
At 30 June 2016 254,736
NET BOOK VALUE
At 30 June 2016 254,736

4. CREDITORS

Creditors include an amount of £ 164,184 for which security has been given.

They also include the following debts falling due in more than five years:

£   
Repayable by instalments 109,617

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1.00 100

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

Page 5