H_K_CAFFREY_LIMITED - Accounts

H K CAFFREY LIMITED - Company Information

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H K CAFFREY LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

Company Registration No. 07731213 (England and Wales)

H K CAFFREY LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

H K CAFFREY LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 AUGUST 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

2,624

2,440

Current assets

Debtors

21,193

9,760

Cash at bank and in hand

4,761

14,028

25,954

23,788

Creditors: amounts falling due within one year

(27,446)

(26,020)

Net current liabilities

(1,492)

(2,232)

Total assets less current liabilities

1,132

208

Capital and reserves

Called up share capital

Profit and loss account

1,130

206

Shareholders' funds

1,132

208

For the financial year ended 31 August 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 10 May 2017

K Caffrey

Director

Company Registration No. 07731213

H K CAFFREY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

- 2 -

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

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for services net of VAT and trade discounts. Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

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 basis

Fixed assets

Tangible assets

Cost

At 1 September 2015

5,478

Additions

1,059

At 31 August 2016

6,537

Depreciation

At 1 September 2015

3,038

Charge for the year

875

At 31 August 2016

3,913

Net book value

At 31 August 2016

2,624

At 31 August 2015

2,440

Share capital

2016

2015

Allotted, called up and fully paid

2 ordinary shares of £1 each

H K CAFFREY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2016

- 3 -

Transactions with directors

Other debtors include an amount of £17,913 (2015: £25 other creditors) in respect of directors loan accounts.