Holevy Consultants Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03011429 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 June 2016

for

Holevy Consultants Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

N Haddock

Mrs H A Aurelius - Haddock

SECRETARY:

Mrs H A Aurelius - Haddock

REGISTERED OFFICE:

1st Floor Offices

10 Hereford Road

Abergavenny

Monmouthshire

NP7 5PR

REGISTERED NUMBER:

03011429 (England and Wales)

ACCOUNTANTS:

Ashmole & Co

Park Chambers

10 Hereford Road

Abergavenny

Monmouthshire

NP7 5PR

FIXED ASSETS

Tangible assets

2

12,886

-

CURRENT ASSETS

Debtors

83,708

91,361

Cash at bank and in hand

50

62

83,758

91,423

CREDITORS

Amounts falling due within one year

39,535

73,700

NET CURRENT ASSETS

44,223

17,723

TOTAL ASSETS LESS CURRENT LIABILITIES

57,109

17,723

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

57,009

17,623

SHAREHOLDERS' FUNDS

57,109

17,723

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 27 March 2017 and were signed on its behalf by:

N Haddock - 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 etc

-

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

44,081

Additions

13,776

At 30 June 2016

57,857

DEPRECIATION

At 1 July 2015

44,081

Charge for year

890

At 30 June 2016

44,971

NET BOOK VALUE

At 30 June 2016

12,886

At 30 June 2015

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

£

100

Ordinary

1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2016 and

30 June 2015:

30.6.16

30.6.15

£

£

N Haddock and Mrs H A Aurelius - Haddock

Balance outstanding at start of year

66,806

54,219

Amounts advanced

111,966

103,518

Amounts repaid

(118,074

)

(90,931

)

Balance outstanding at end of year

60,698

66,806