H J Morgan Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06291896 (England and Wales)

H J MORGAN LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs L Payami

REGISTERED OFFICE:

5 Yeomans Court

Ware Road

Hertford

Hertfordshire

SG13 7HJ

REGISTERED NUMBER:

06291896 (England and Wales)

FIXED ASSETS

Tangible assets

2

1,238

1,457

CURRENT ASSETS

Debtors

-

450

Cash at bank

7,974

8,885

7,974

9,335

CREDITORS

Amounts falling due within one year

11,130

9,932

NET CURRENT LIABILITIES

(3,156

)

(597

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,918

)

860

PROVISIONS FOR LIABILITIES

248

291

NET (LIABILITIES)/ASSETS

(2,166

)

569

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(2,266

)

469

SHAREHOLDERS' FUNDS

(2,166

)

569

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 director acknowledges her 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 director on 21 March 2017 and were signed by:

Mrs L Payami - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts are prepared on a going concern basis. The use of the going concern basis of

accounting is appropriate because there are no material uncertainties related to events or conditions

that may cast significant doubt about the ability of the company to continue as a going concern.

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

-

15% on reducing balance

Deferred tax

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

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

2,041

DEPRECIATION

At 1 July 2015

584

Charge for year

219

At 30 June 2016

803

NET BOOK VALUE

At 30 June 2016

1,238

At 30 June 2015

1,457

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100