Horsfields Ltd Micro-entity accounts

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COMPANY REGISTRATION NUMBER: 05054945

Horsfields Ltd

Filleted Unaudited Financial Statements

31 March 2017

Horsfields Ltd

Financial Statements

Year ended 31 March 2017

Contents	Pages

Officers and professional advisers	1

Chartered certified accountants report to the board of directors on the preparation of the unaudited statutory financial statements	2

Statement of financial position and the notes to the financial statements	3 to 4

Horsfields Ltd

Officers and Professional Advisers

The board of directors Mr H Mistry

- Director

Mr M G Mistry

- Director

Mrs K Mistry

- Director

Registered office	Belgrave Place
	8 Manchester Road
	Bury
	Lancashire
	United Kingdom
	BL9 0ED

Accountants	Sterling Finance [UK] Limited
	Chartered Certified Accountants
	Westbourne House
	159 Oldham Road
	Ashton Under Lyne
	Lancashire
	United Kingdom
	OL7 9AR

Horsfields Ltd

Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Horsfields Ltd

Year ended 31 March 2017

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Horsfields Ltd for the year ended 31 March 2017, which comprise the statement of financial position and the notes to the financial statements from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. This report is made solely to the Board of Directors of Horsfields Ltd, as a body, in accordance with the terms of our engagement letter dated 21 December 2007. Our work has been undertaken solely to prepare for your approval the financial statements of Horsfields Ltd and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Horsfields Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Horsfields Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Horsfields Ltd. You consider that Horsfields Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Horsfields Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Sterling Finance [UK] Limited Chartered Certified Accountants

Westbourne House 159 Oldham Road Ashton Under Lyne Lancashire United Kingdom OL7 9AR

5 December 2017

Horsfields Ltd

Statement of Financial Position

31 March 2017

	2017		2016
	£	£	£
Fixed assets		33,738	49,024
		--------	--------

Current assets	332,010		213,837
Prepayments and accrued income	18,694		-
	---------		---------
		350,704	213,837

Creditors: amounts falling due within one year	91,255	56,111
	---------	---------
Net current assets	259,449	157,726
	---------	---------
Total assets less current liabilities	293,187	206,750

Creditors: amounts falling due after more than one year		108,501	92,523

Accruals and deferred income	2,482	11,150
	---------	---------
	182,204	103,077
	---------	---------

Capital and reserves	182,204	103,077
	---------	---------

Notes to the financial statements

1. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	Balance brought forward and outstanding
	2017	2016
	£	£
Mr H Mistry	( 36,180)	( 24,094)
Mr M G Mistry	( 71,478)	( 67,585)
Mrs K Mistry	( 843)	( 843)
	---------	--------
	( 108,501)	( 92,522)
	---------	--------

For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements were approved by the board of directors and authorised for issue on 5 December 2017 , and are signed on behalf of the board by:

Mr H Mistry	Mr M G Mistry
Director	Director

Company registration number: 05054945

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