Accounts filed on 30-12-2016


Registered number: 07449458






3 Horseshoes Ecton Limited


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30/12/2016
























Prepared By:
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 30/12/2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 07449458


Registered Number: 07449458

BALANCE SHEET AT 30/12/2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Tangible assets	2		215,131		219,263

CURRENT ASSETS
Stock		3,000		1,500
Debtors (amounts falling due within one year)	3	950		900
Cash at bank and in hand		20,739		7,008
		24,689		9,408
CREDITORS: Amounts falling due within one year		320,208		311,179
NET CURRENT LIABILITIES			(295,519)		(301,771)
TOTAL ASSETS LESS CURRENT LIABILITIES			(80,388)		(82,508)

CAPITAL AND RESERVES

Called up share capital	4		2		2
Profit and loss account			(80,390)		(82,510)
SHAREHOLDERS' FUNDS			(80,388)		(82,508)

For the year ending 30/12/2016 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the board on 13/09/2017 and signed on their behalf by




Stephen Wheatman
Director



.............................
Sandra Wheatman
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Land And Buildings		straight line 2%
Fixtures and Fittings		reducing balance 15%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




3. DEBTORS	2016	2015
	£	£

Amounts falling due within one year:
Other debtors	950	900
	950	900




4. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
2 Ordinary shares of £1 each	2	2
	2	2