Abbreviated Company Accounts - ELMHURST BLOODSTOCK LIMITED

ELMHURST BLOODSTOCK LIMITED - Company Information

02097703 ELMHURST BLOODSTOCK LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true 02097703 2015-10-01 2016-09-30 02097703 2016-09-30 02097703 2015-09-30 02097703 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 02097703 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:Director3 2015-10-01 2016-09-30 uk-gaap-cd-bus:Director3 2016-09-30 uk-gaap-cd-bus:Director3 2015-09-30 uk-gaap-cd-bus:Director4 2015-10-01 2016-09-30 uk-gaap-cd-bus:Director4 2016-09-30 uk-gaap-cd-bus:Director4 2015-09-30 uk-gaap-cd-bus:Director5 2015-10-01 2016-09-30 uk-gaap-cd-bus:Director5 2016-09-30 uk-gaap-cd-bus:Director5 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP shares

Registered Number 02097703

ELMHURST BLOODSTOCK LIMITED

Abbreviated Accounts

30 September 2016

ELMHURST BLOODSTOCK LIMITED Registered Number 02097703

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,353	641
		1,353	641
Current assets
Debtors		36,056	29,469
		36,056	29,469
Creditors: amounts falling due within one year		(26,825)	(19,536)
Net current assets (liabilities)		9,231	9,933
Total assets less current liabilities		10,584	10,574
Provisions for liabilities		(240)	(90)
Total net assets (liabilities)		10,344	10,484
Capital and reserves
Called up share capital	3	10,000	10,000
Profit and loss account		344	484
Shareholders' funds		10,344	10,484

For the year ending 30 September 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 18 April 2017

And signed on their behalf by:
J NEEDHAM, Director

ELMHURST BLOODSTOCK LIMITED Registered Number 02097703

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
These accounts have been prepared under the historical cost convention in accordance with the accounting policies set out below. These accounts have been prepared in accordance with FRS 102, Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Turnover policy
Turnover represents the value of sales and commissions earned in the year and is stated net of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated to write off the cost of tangible fixed assets over their estimated useful lives to the business. The annual depreciation rates and methods are as follows:
-Office Equipment -20% reducing instalments method

Other accounting policies
Taxation:
Taxation represents the sum of tax currently payable and deferred tax. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.

Debtors:
Known bad debts are written off and provision is made for any considered to be doubtful.

2Tangible fixed assets

	£
Cost
At 1 October 2015	7,215
Additions	908
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	8,123
Depreciation
At 1 October 2015	6,574
Charge for the year	196
On disposals	-
At 30 September 2016	6,770
Net book values
At 30 September 2016	1,353
At 30 September 2015	641

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

	2016 £	2015 £
10,000 Ordinary shares of £1 each	10,000	10,000

4Transactions with directors

Name of director receiving advance or credit:	J Needham and Mrs C M Needham
Description of the transaction:	Directors Loan
Balance at 1 October 2015:	£ 2,655
Advances or credits made:	-
Advances or credits repaid:	£ 2,655
Balance at 30 September 2016:	£ 0

Name of director receiving advance or credit:	J Needham and Mrs C M Needham
Description of the transaction:	Directors Loan
Balance at 1 October 2015:	-
Advances or credits made:	£ 4,200
Advances or credits repaid:	-
Balance at 30 September 2016:	£ 4,200

Name of director receiving advance or credit:	J Needham and Mrs C M Needham
Description of the transaction:	Directors Loan
Balance at 1 October 2015:	-
Advances or credits made:	£ 3,500
Advances or credits repaid:	-
Balance at 30 September 2016:	£ 3,500

The Directors Loan of £2,655 was repaid in full to the company on 17 June 2016.
The Directors Loan of £4,200 was made by the company on 1 August 2016.
The Directors Loan of £3,500 was made by the company on 12 August 2016.