Houghton Kneale Design Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04103802

Abbreviated Unaudited Accounts

for the Year Ended 30th November 2016

for

Houghton Kneale Design Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr R D Houghton

Mrs K S V Kneale

SECRETARY:

Mrs K S V Kneale

REGISTERED OFFICE:

Roper Yard

Roper Road

Canterbury

Kent

CT2 7EX

REGISTERED NUMBER:

04103802

ACCOUNTANTS:

Haines Watts Kent LLP

Roper Yard

Roper Road

Canterbury

Kent

CT2 7EX

FIXED ASSETS

Tangible assets

2

3,169

6,071

CURRENT ASSETS

Debtors

107,085

100,441

Cash at bank

660

4,423

107,745

104,864

CREDITORS

Amounts falling due within one year

196,641

147,443

NET CURRENT LIABILITIES

(88,896

)

(42,579

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(85,727

)

(36,508

)

CREDITORS

Amounts falling due after more than one
year

3

5,633

7,070

NET LIABILITIES

(91,360

)

(43,578

)

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

(91,460

)

(43,678

)

SHAREHOLDERS' FUNDS

(91,360

)

(43,578

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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 31st August 2017 and were signed on
its behalf by:

Mrs K S V Kneale - 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

15% on cost

Fixtures and fittings

-

not provided

Computer equipment

-

33% on cost

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 transaction. Exchange differences are taken into account in arriving at

the operating result.

Going concern

The financial statements have been prepared on a going concern basis. Uncertainties which may cast

doubt about the ability of the company to continue as a going concern have been identified by the

shareholders, but they have given their financial support as the major creditor of the company for the

foreseeable future.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st December 2015

49,572

Additions

514

At 30th November 2016

50,086

DEPRECIATION

At 1st December 2015

43,501

Charge for year

3,416

At 30th November 2016

46,917

NET BOOK VALUE

At 30th November 2016

3,169

At 30th November 2015

6,071

3.

CREDITORS

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

2016

2015

£

Repayable by instalments

689

2,915

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

1

100