Stone & Hynard Limited,Ltd - AccountsLtd - Accounts

Stone & Hynard Limited,Ltd - AccountsLtd - Accounts

STONE & HYNARD LIMITED - Company Information

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2016-02-01 09409605 2017-01-31 09409605 2016-02-01 2017-01-31 09409605 2016-01-31 09409605 2015-01-28 2016-01-31 09409605 uk-core:WithinOneYear 2016-01-31 09409605 uk-core:WithinOneYear 2017-01-31 09409605 uk-core:AfterOneYear 2016-01-31 09409605 uk-core:AfterOneYear 2017-01-31 09409605 uk-core:ShareCapital 2017-01-31 09409605 uk-core:ShareCapital 2016-01-31 09409605 uk-core:RetainedEarningsAccumulatedLosses 2017-01-31 09409605 uk-core:RetainedEarningsAccumulatedLosses 2016-01-31 09409605 uk-bus:Director1 2016-02-01 2017-01-31 09409605 uk-core:ComputerEquipment 2016-02-01 2017-01-31 09409605 uk-core:FurnitureFittings 2016-02-01 2017-01-31 09409605 uk-core:ComputerEquipment 2016-01-31 09409605 uk-core:FurnitureFittings 2016-01-31 09409605 uk-core:FurnitureFittings 2017-01-31 09409605 uk-core:ComputerEquipment 2017-01-31 iso4217:GBP 09409605 uk-bus:AuditExemptWithAccountantsReport 2016-02-01 2017-01-31 09409605 uk-bus:FRS102 2016-02-01 2017-01-31 09409605 uk-bus:FullAccounts 2016-02-01 2017-01-31 09409605 uk-bus:PrivateLimitedCompanyLtd 2016-02-01 2017-01-31
Draft
Stone & Hynard Limited
Registered Number:09409605
For the year ended 31 January 2017
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 January 2017
Stone & Hynard Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Draft
As at 31 January 2017
Stone & Hynard Limited
Statement of Financial Position
Registered Number :
09409605
£
£
2016
2017
Notes
Fixed assets
Property, plant and equipment
921
1,547
2
921
1,547
Current assets
Inventories
-
445,530
Trade and other receivables
1,409
-
3
1,016
Cash and cash equivalents
1,326
446,856
2,425
Trade and other payables: amounts falling due within one
year
(3,519)
(256,327)
4
(1,094)
190,529
Net current assets
Total assets less current liabilities
191,450
453
Trade and other payables: amounts falling due after more
than one year
-
(202,907)
5
(11,457)
Net assets/liabilities
453
Capital and reserves
Called up share capital
5
5
Retained earnings
(11,462)
448
(11,457)
453
Shareholders' funds
For the year ended 31 January 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
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.
Mrs Stephanie Yvonne Hynard Director
These financial statements were approved and authorised for issue by the Board on 31 October 2017 and were signed by:
1 of 4
4
Draft
For the year ended 31 January 2017
Stone & Hynard Limited
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 4
5
Draft
For the year ended 31 January 2017
Stone & Hynard Limited
Notes to the Financial Statements
Statutory Information
Stone & Hynard Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 09409605.
Registered address:
11A Firgrove Hill
Farnham
Surrey
United Kingdom
GU9 8LH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33% Straight line
Computer Equipment
25% Reducing balance
Furniture and Fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Going Concern
Although the balance sheet is negative, the directors have indicated their intention to support the company for the
foreseeable future, a period not expected to be less than one year.
3 of 4
6
Draft
For the year ended 31 January 2017
Stone & Hynard Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
£
£
£
Cost or
valuation
At 01 February 2016
2,225
1,438
787
At 31 January 2017
787
1,438
2,225
Provision for depreciation and impairment
At 01 February 2016
678
480
198
Charge for year
626
479
147
At 31 January 2017
1,304
959
345
At 31 January 2017
Net book value
442
479
921
At 31 January 2016
589
958
1,547
3. Trade and other receivables
2016
2017
£
£
Trade debtors
-
1,409
4. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Accruals and deferred income
-
672
Directors' current accounts
256,327
2,847
256,327
3,519
5. Trade and other payables: amounts falling due after more than one year
2016
2017
£
£
Bank loans and overdraft (secured)
202,907
-
4 of 4