Hennessey Macmillan Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 06059104 (England and Wales)

Financial Statements

for the Year Ended 31 December 2016

for

Hennessey Macmillan Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

L Hennessey

REGISTERED OFFICE:

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

REGISTERED NUMBER:

06059104 (England and Wales)

ACCOUNTANTS:

Barnbrook Sinclair

Chartered Accountants

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

FIXED ASSETS

Tangible assets

4

161

215

CURRENT ASSETS

Debtors

5

3,864

1,541

Cash at bank

33,110

39,425

36,974

40,966

CREDITORS

Amounts falling due within one year

6

(14,319

)

(13,350

)

NET CURRENT ASSETS

22,655

27,616

TOTAL ASSETS LESS CURRENT LIABILITIES

22,816

27,831

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

22,716

27,731

SHAREHOLDERS' FUNDS

22,816

27,831

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 25 August 2017 and were signed by:

L Hennessey - Director

1.	STATUTORY INFORMATION

Hennessey Macmillan Ltd is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the statement of financial position date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

Cost

At 1 January 2016

and 31 December 2016

1,353

Depreciation

At 1 January 2016

1,138

Charge for year

54

At 31 December 2016

1,192

Net book value

At 31 December 2016

161

At 31 December 2015

215

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/16

31/12/15

£

£

Trade debtors

3,864

1,541

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/16

31/12/15

£

£

Trade creditors

2,184

3,498

Taxation and social security

10,487

8,515

Other creditors

1,648

1,337

14,319

13,350

7.	FIRST YEAR ADOPTION

The company has adopted FRS 102 for the year ended 31 December 2016. There have been no transitional

adjustments to the company's equity or reserves at the date of transition to FRS 102 nor at the end of the

comparative period.