Hawthorn Manor Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08979540 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

HAWTHORN MANOR LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

B S Sanghera

REGISTERED OFFICE:

St James's House

8 Overcliffe

Gravesend

Kent

DA11 0HJ

REGISTERED NUMBER:

08979540 (England and Wales)

ACCOUNTANTS:

The Carley Partnership

St James's House

8 Overcliffe

Gravesend

Kent

DA11 0HJ

FIXED ASSETS

Intangible assets

2

510,000

690,000

Tangible assets

3

1,587,681

1,600,112

2,097,681

2,290,112

CURRENT ASSETS

Debtors

230,389

17,257

Cash at bank

448,615

400,925

679,004

418,182

CREDITORS

Amounts falling due within one year

4

1,068,773

984,365

NET CURRENT LIABILITIES

(389,769

)

(566,183

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,707,912

1,723,929

CREDITORS

Amounts falling due after more than one
year

4

(1,377,451

)

(1,475,193

)

PROVISIONS FOR LIABILITIES

(27,295

)

(22,945

)

NET ASSETS

303,166

225,791

CAPITAL AND RESERVES

Called up share capital

5

100

Profit and loss account

303,066

225,691

SHAREHOLDERS' FUNDS

303,166

225,791

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

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

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 30 June 2017 and were signed by:

B S Sanghera - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

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 etc

-

15% on reducing balance

Freehold and leasehold land and buildings are not depreciated. This represents a departure from the provisions of

the Companies Act 2006. The company has a policy and practice of regular maintenance and repair, the charges

for which are recognised in the profit and loss account as incurred. The company believes that such a policy

ensures that the estimated residual values of its properties at the balance sheet date are maintained at levels not

materially different from the carrying amount of the assets. As such, no depreciation charge is made on the

grounds that any such charge would be immaterial.

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 the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

900,000

AMORTISATION

At 1 October 2015

210,000

Amortisation for year

180,000

At 30 September 2016

390,000

NET BOOK VALUE

At 30 September 2016

510,000

At 30 September 2015

690,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

1,617,237

DEPRECIATION

At 1 October 2015

17,125

Charge for year

12,431

At 30 September 2016

29,556

NET BOOK VALUE

At 30 September 2016

1,587,681

At 30 September 2015

1,600,112

4.

CREDITORS

Creditors include an amount of £ 1,475,193 (2015 - £ 1,570,353 ) for which security has been given.

They also include the following debts falling due in more than five years:

2016

2015

£

Repayable by instalments

959,234

1,068,023

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100