BARTER_HILL_PARTNERSHIP_L - Accounts

BARTER HILL PARTNERSHIP LIMITED - Company Information

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Company Registration No. 04722505 (England and Wales)

BARTER HILL PARTNERSHIP LIMITED

Abbreviated Accounts

For The Year Ended 31 July 2016

BARTER HILL PARTNERSHIP LIMITED

Company Information

Directors

B.H. Hill

K.W.J. Barter

Secretary

B.H. Hill

Company Number

04722505

Registered Office

Wynters Farm Barn,

Hastingwood Road,

Magdalen Laver,

Ongar,

Essex,

United Kingdom

CM5 0EW.

Accountants

Nicholas Hall

7b, Johnston Road,

Woodford Green,

Essex,

IG8 0XA.

BARTER HILL PARTNERSHIP LIMITED

Contents

Page

Accountants' Report

Abbreviated Balance Sheet

2 - 3

Notes To The Abbreviated Accounts

BARTER HILL PARTNERSHIP LIMITED

Accountants' Report To The Board Of Directors On The Preparation Of The Unaudited Statutory Financial Statements Of

Barter Hill Partnership Limited

For The Year Ended 31 July 2016

- 1 -

The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 4 have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of Barter Hill Partnership Limited for the year ended 31 July 2016, set out on pages 3 to 9 from the accounting records and information and explanations you have given to us.

This report is made solely to the Board of Directors of Barter Hill Partnership Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Barter Hill Partnership Limited and state those matters that we have agreed to state to the Board of Directors of Barter Hill Partnership Limited, as a body, in this report in accordance with technical guidelines. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Barter Hill Partnership Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Barter Hill Partnership Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Barter Hill Partnership Limited. You consider that Barter Hill Partnership Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Barter Hill Partnership Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Nicholas Hall

________________________________

Nicholas Hall

7b, Johnston Road,

Woodford Green,

Essex,

IG8 0XA.

27 April 2017

BARTER HILL PARTNERSHIP LIMITED

Abbreviated Balance Sheet

As At 31 July 2016

- 2 -

2016

2015

Notes

Fixed Assets

Tangible Assets

42,160

45,263

Current Assets

Debtors

1,143,382

934,356

Cash At Bank And In Hand

21,770

51,782

1,165,152

986,138

Creditors: Amounts Falling Due Within One Year

(539,459)

(406,837)

Net Current Assets

625,693

579,301

Total Assets Less Current Liabilities

667,853

624,564

Creditors: Amounts Falling Due After More Than One Year

(29,593)

(50,744)

638,260

573,820

Capital And Reserves

Called Up Share Capital

40,000

Profit And Loss Account

598,260

533,820

Shareholders' Funds

638,260

573,820

BARTER HILL PARTNERSHIP LIMITED

Abbreviated Balance Sheet (Continued)

As At 31 July 2016

- 3 -

For the financial year ended 31 July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 27 April 2017

B.H. Hill

K.W.J. Barter

_______________________________

B.H. Hill

K.W.J. Barter

Director

Company Registration No. 04722505

BARTER HILL PARTNERSHIP LIMITED

Notes To The Abbreviated Accounts

For The Year Ended 31 July 2016

- 4 -

Accounting Policies

1.1

Accounting Convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Turnover

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

1.3

Goodwill

Goodwill is written off in equal annual instalments over its estimated useful economic life.

1.4

Tangible Fixed Assets And Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer Equipment

- 25% Reducing Balance Method

Fixtures, Fittings & Equipment

- 15% Reducing Balance Method

Fixed Assets

Intangible Assets

Tangible Assets

Total

Cost

At 1 August 2015

650,000

152,311

802,311

Additions

7,923

At 31 July 2016

650,000

160,234

810,234

Depreciation

At 1 August 2015

650,000

107,048

757,048

Charge For The Year

11,026

At 31 July 2016

650,000

118,074

768,074

Net Book Value

At 31 July 2016

42,160

At 31 July 2015

45,263

Share Capital

2016

2015

Allotted, Called Up And Fully Paid

40,000 Ordinary Shares of £1 each

40,000