Hood Leisure Limited - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 09779195 (England and Wales)

Unaudited Financial Statements

for the Period

16 September 2015 to 30 September 2016

for

Hood Leisure Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J M Caddy

Ms C P Jaques

SECRETARY:

REGISTERED OFFICE:

112 Pembroke Road

Clifton

Bristol

BS8 3EW

REGISTERED NUMBER:

09779195 (England and Wales)

ACCOUNTANTS:

Wormald & Partners

Redland House

157 Redland Road

Redland

Bristol

BS6 6YE

FIXED ASSETS

Tangible assets

4

7,210

CURRENT ASSETS

Stocks

5

4,009

Debtors

6

825

Cash at bank and in hand

9,346

14,180

CREDITORS

Amounts falling due within one year

7

24,495

NET CURRENT LIABILITIES

(10,315

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,105

)

PROVISIONS FOR LIABILITIES

255

NET LIABILITIES

(3,360

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

8

(3,460

)

SHAREHOLDERS' FUNDS

(3,360

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 7 June 2017 and were signed on its behalf by:

J M Caddy - Director

1.	STATUTORY INFORMATION

Hood Leisure Limited is a private company, limited by shares , registered in England and Wales. The company's registered

number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value

added tax and other sales taxes.

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

-

15% on reducing balance basis

Fixtures and fittings

-

15% on reducing balance basis

Computer equipment

-

33.33% on reducing balance basis

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Deferred tax

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

date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

Additions

3,467

4,734

358

8,559

At 30 September 2016

3,467

4,734

358

8,559

DEPRECIATION

Charge for period

520

710

119

1,349

At 30 September 2016

520

710

119

1,349

NET BOOK VALUE

At 30 September 2016

2,947

4,024

239

7,210

5.

STOCKS

£

Stocks

4,009

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Prepayments

825

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

6,092

Social security and other taxes

4,351

Other creditors

3,528

Directors' loan accounts

9,064

Accrued expenses

1,460

24,495

8.

RESERVES

Retained

earnings

£

Deficit for the period

(3,460

)

At 30 September 2016

(3,460

)