Abbreviated Company Accounts - HOLSON INNS LTD.

04159190 HOLSON INNS LTD. 2016-07-31 false 2015-08-01 2016-07-31 true 04159190 2015-08-01 2016-07-31 04159190 2016-07-31 04159190 2015-07-31 04159190 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 04159190 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 04159190

HOLSON INNS LTD.

Abbreviated Accounts

31 July 2016

HOLSON INNS LTD. Registered Number 04159190

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	411,313	434,114
		411,313	434,114
Current assets
Stocks		4,990	5,355
Debtors		740	-
Cash at bank and in hand		12,030	14,485
		17,760	19,840
Creditors: amounts falling due within one year		(233,352)	(124,384)
Net current assets (liabilities)		(215,592)	(104,544)
Total assets less current liabilities		195,721	329,570
Creditors: amounts falling due after more than one year		-	(112,949)
Provisions for liabilities		(800)	(2,460)
Total net assets (liabilities)		194,921	214,161
Capital and reserves
Called up share capital	3	2	2
Revaluation reserve		16,517	16,517
Profit and loss account		178,402	197,642
Shareholders' funds		194,921	214,161

For the year ending 31 July 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 21 April 2017

And signed on their behalf by:
A Holden, Director

HOLSON INNS LTD. Registered Number 04159190

Notes to the Abbreviated Accounts for the period ended 31 July 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention modified to include the revaluation of freehold land and buildings and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The accounts have been prepared on a going concern basis as the director has given an undertaking to continue with financial support for a period of at least twelve months from the date of approval of these financial statements.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings freehold - 2% straight line
Plant and machinery - 25% reducing balance
Motor vehicles - 25% reducing balance

Other accounting policies
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 August 2015	643,577
Additions	4,298
Disposals	(35,010)
Revaluations	-
Transfers	-
At 31 July 2016	612,865
Depreciation
At 1 August 2015	209,463
Charge for the year	10,990
On disposals	(18,901)
At 31 July 2016	201,552
Net book values
At 31 July 2016	411,313
At 31 July 2015	434,114

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2