Hindwoods Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03940325 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Hindwoods Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N C Barfoot BSc (Hons) MRICS

K T Bright BSc MRICS

S Williams BSc MRICS

R W Gibbons ACIOB

B J T Wigglesworth BA (Hons) MA MRICS

REGISTERED OFFICE:

1 Charlton Road

Blackheath

London

SE3 7EY

REGISTERED NUMBER:

03940325 (England and Wales)

ACCOUNTANTS:

Gibsons Financial Limited

Chartered Accountants

Foresters Hall

25/27 Westow Street

Upper Norwood

London

SE19 3RY

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

138,531

114,794

138,531

114,794

CURRENT ASSETS

Stocks

48,093

49,771

Debtors

192,158

212,818

Cash at bank and in hand

840,808

613,034

1,081,059

875,623

CREDITORS

Amounts falling due within one year

(326,502

)

(289,779

)

NET CURRENT ASSETS

754,557

585,844

TOTAL ASSETS LESS CURRENT
LIABILITIES

893,088

700,638

PROVISIONS FOR LIABILITIES

6

(4,980

)

(6,127

)

NET ASSETS

888,108

694,511

CAPITAL AND RESERVES

Called up share capital

22,330

Share premium

15,000

Capital redemption reserve

22,670

Retained earnings

828,108

634,511

SHAREHOLDERS' FUNDS

888,108

694,511

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors on 30 November 2017 and were signed on its
behalf by:

K T Bright BSc MRICS - Director

1.	STATUTORY INFORMATION

Hindwoods Limited 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.

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.

Short leasehold

-

2% on cost

Fixtures & fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Work in progress for provision of services is recognised when it is probable that an economic benefit will

flow and the revenue and costs can be readily measured. This includes using a percentage method for

continuing services.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2016 - 36 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

and 31 March 2017

177,194

AMORTISATION

At 1 April 2016

and 31 March 2017

177,194

NET BOOK VALUE

At 31 March 2017

-

At 31 March 2016

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

217,049

Additions

90,915

Disposals

(59,683

)

At 31 March 2017

248,281

DEPRECIATION

At 1 April 2016

102,255

Charge for year

52,827

Eliminated on disposal

(45,332

)

At 31 March 2017

109,750

NET BOOK VALUE

At 31 March 2017

138,531

At 31 March 2016

114,794

6.	PROVISIONS FOR LIABILITIES

31/3/17

31/3/16

£

Deferred tax

4,980

6,127

Deferred

tax

£

Balance at 1 April 2016

6,127

Movement in the year

(1,147

)

Balance at 31 March 2017

4,980

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £133,533 (2016 - £240,494) were paid to the directors .

Hindwoods Limited - Accounts to registrar (filleted) - small 17.3

Hindwoods Limited - Accounts to registrar (filleted) - small 17.3