Henbury Hire Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03641120 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

HENBURY HIRE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Miss M Beck ICPA

S R Wills

SECRETARY:

Accountants & Business Solutions Limited

REGISTERED OFFICE:

Bokers Farm Office

Poole Rd

Lychett Matravers

Poole

Dorset

BH16 6AG

REGISTERED NUMBER:

03641120 (England and Wales)

ACCOUNTANTS:

Accountants & Business Solutions Ltd

Certified Practising Accountants

Bokers Farm Office

Poole Road

Lytchett Matravers

POOLE

Dorset

BH16 6AG

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

50,530

40,444

50,530

40,444

CURRENT ASSETS

Stocks

37,781

59,486

Debtors

3,102

18,576

Cash at bank and in hand

722

36,968

41,605

115,030

CREDITORS

Amounts falling due within one year

118,256

174,573

NET CURRENT LIABILITIES

(76,651

)

(59,543

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(26,121

)

(19,099

)

CAPITAL AND RESERVES

Called up share capital

4

3

Profit and loss account

(26,124

)

(19,102

)

SHAREHOLDERS' FUNDS

(26,121

)

(19,099

)

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 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 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 Board of Directors on 30 June 2017 and were signed on its
behalf by:

S R Wills - 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 goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty 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

-

25% on reducing balance

Stocks

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

and slow moving items.

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

30,000

AMORTISATION

At 1 October 2015

and 30 September 2016

30,000

NET BOOK VALUE

At 30 September 2016

-

At 30 September 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

140,544

Additions

23,065

At 30 September 2016

163,609

DEPRECIATION

At 1 October 2015

100,100

Charge for year

12,979

At 30 September 2016

113,079

NET BOOK VALUE

At 30 September 2016

50,530

At 30 September 2015

40,444

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

3

Ordinary

£1

3