CG Hale Holdings Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07959570 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

CG Hale Holdings Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C G Hale

Mrs A D Hale

REGISTERED OFFICE:

Unit Z Hamstead Industrial Estate

Austin Way

Four Oaks

Sutton Coldfield

West Midlands

B42 1DU

REGISTERED NUMBER:

07959570 (England and Wales)

FIXED ASSETS

Tangible assets

2

406,943

406,943

Investments

3

2,100

2,100

409,043

409,043

CURRENT ASSETS

Debtors

14,148

1,580

Cash at bank

62,464

43,231

76,612

44,811

CREDITORS

Amounts falling due within one year

4

141,145

101,836

NET CURRENT LIABILITIES

(64,533

)

(57,025

)

TOTAL ASSETS LESS CURRENT LIABILITIES

344,510

352,018

CREDITORS

Amounts falling due after more than one year

4

289,294

304,774

NET ASSETS

55,216

47,244

CAPITAL AND RESERVES

Called up share capital

5

2,102

2,102

Profit and loss account

53,114

45,142

SHAREHOLDERS' FUNDS

55,216

47,244

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 30 July 2014 and were signed on its behalf by:

C G Hale - 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 April 2008).

Preparation of consolidated financial statements

The financial statements contain information about CG Hale Holdings Limited as an individual company and do

not contain consolidated financial information as the parent of a group. The company has taken the option under

Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Turnover

Turnover represents net invoiced sales of goods, 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.

Freehold property

-

Nil as value higher than net book value

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

406,943

NET BOOK VALUE

At 31 March 2014

406,943

At 31 March 2013

406,943

The company has taken advantage of the transition provisions in FRS 15.

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2013

2,100

Additions

50,000

Impairments

(50,000

)

At 31 March 2014

2,100

NET BOOK VALUE

At 31 March 2014

2,100

At 31 March 2013

2,100

The company's investments at the balance sheet date in the share capital of companies include the following:

The Plastic Fan Company Limited

Nature of business: manufacturers and suppliers fans etc

%

Class of shares:

holding

Ordinary A & B Shares

100.00

31.3.14

31.3.13

£

£

Aggregate capital and reserves

346,408

348,280

Profit for the year/period

218,574

158,370

CGH Fabrications Limited

Nature of business: manufacture of fabricated metal products

%

Class of shares:

holding

Ordinary shares

100.00

31.3.14

31.3.13

£

£

Aggregate capital and reserves

100,043

76,764

Profit for the year/period

36,724

19,206

4.

CREDITORS

Creditors include an amount of £ 320,854 (31.3.13 - £ 352,335 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

2,102

Ordinary Shares

1

2,102

2,102