Huxby Limited - Accounts

Huxby Limited - Accounts

HUXBY LIMITED - Company Information

Print Friendly Version

1 July 2015 0 1 07688035 2015-07-01 2016-06-30 07688035 2015-06-30 07688035 2016-06-30 07688035 2014-07-01 2015-06-30 07688035 2014-06-30 07688035 2015-06-30 07688035 uk-bus:Director1 2015-07-01 2016-06-30 07688035 uk-bus:OrdinaryShareClass1 2016-06-30 07688035 uk-bus:OrdinaryShareClass1 2015-06-30 07688035 uk-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
07688035
Huxby Limited
Abbreviated Unaudited Accounts
for the year ended
30 June 2016
Huxby Limited
Balance Sheet
as at 30 June 2016
Notes
 2016
£		 2015
£
Current assets
Debtors 20,047,246 3,144,233
Cash at bank and in hand 11,926 2,638
20,059,172 3,146,871
Creditors: amounts falling due within one year 1,709,379 3,512,067
Net current assets / (liabilities) 18,349,793 (365,196)
Total assets less current liabilities 18,349,793 (365,196)
Creditors: amounts falling due after more than one year 19,299,986 0
Total net assets (liabilities) (950,193) (365,196)
Capital and reserves
Called up share capital 2 100 100
Profit and loss account (950,293) (365,296)
Shareholders' funds (950,193) (365,196)

Huxby Limited
Balance Sheet
as at 30 June 2016



These accounts have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

For the year ending 30 June 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.

Signed on behalf of the board of directors

...............................

Mr H Etwaree

Director


Approved by the board on 18 August 2017

Company No: 07688035 (England and Wales)


Huxby Limited
Notes to the Accounts
for the year ended 30 June 2016

1. Accounting policies

Basis of accounting
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.


Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.


Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

2. Share capital
2016 2015
£ £
Allotted, called up and fully paid:
100 (2015: 100) Ordinary shares of £1.00 each 100 100
100 100