Accounts filed on 31-03-2017


Registered number: 04034786






HiLine Abseiling Limited


ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2017
























Prepared By:
Absolute Accounts
Chartered Certified Accountants
First Floor
71a High Street
Rushden
Northamptonshire
NN10 0QE


ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2017





DIRECTORS
David Bonas


REGISTERED OFFICE
72 Lovell Road
Oakley
Bedford
Bedfordshire
MK43 7RX


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04034786



BANKERS
Barclays



ACCOUNTANTS
Absolute Accounts
Chartered Certified Accountants
First Floor
71a High Street
Rushden
Northamptonshire
NN10 0QE


ACCOUNTS
FOR THEYEARENDED31 MARCH 2017



CONTENTS



		Page

Directors' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31 March 2017

			2017		2016
	Notes		£		£

FIXED ASSETS
Tangible assets	2		4,848		9,017

CURRENT ASSETS
Debtors	3	153,939		92,906
Cash at bank and in hand		31,759		35,828
		185,698		128,734
CREDITORS: Amounts falling due within one year	4	125,445		97,529
NET CURRENT ASSETS			60,253		31,205
TOTAL ASSETS LESS CURRENT LIABILITIES			65,101		40,222

CAPITAL AND RESERVES

Called up share capital	6		200		200
Profit and loss account			64,901		40,022
SHAREHOLDERS' FUNDS			65,101		40,222

For the year ending 31 March 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 28 December 2017 and signed on their behalf by



.............................
David Bonas
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Commercial Vehicles		reducing balance 25%
Equipment		straight line 15%




1c. Pension Costs
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.




3. DEBTORS	2017	2016
	£	£
Amounts falling due within one year
Trade debtors	108,724	81,368
CIS owed	37,171	7,846
Retentions	782	782
Relevant contract tax	2,884	2,884
Prepayments	4,378	-
	153,939	92,880




4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2017	2016
	£	£
UK corporation tax	16,952	4,803
VAT	35,200	25,450
PAYE control	4,740	2,590
Directors current account	62,792	32,861
Finance leases	-	8,270
Trade creditors	2,748	19,445
Other creditors	803	-
Pension schemes	10	-
Accruals	2,200	2,250
	125,445	95,669




6. SHARE CAPITAL	2017	2016
	£	£
Allotted, issued and fully paid:
100 Ordinary of £1 each	100	100
100 Ordinary B of £1 each	100	100
	200	200