Hic-Cup Wines Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 04160583 (England and Wales)

HIC-CUP WINES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

4

DIRECTORS:

P Dougherty

N Allen

G R Wigginton

SECRETARY:

Mrs S Dougherty

REGISTERED OFFICE:

Albury Mill

Mill Lane

Chilworth

Guildford

Surrey

GU4 8RU

REGISTERED NUMBER:

04160583 (England and Wales)

ACCOUNTANTS:

Bessler Hendrie

Chartered Accountants

Albury Mill

Mill Lane

Chilworth

Guildford

Surrey

GU4 8RU

CURRENT ASSETS

Stocks

3

5,400

5,400

Debtors

4

12,239

12,239

TOTAL ASSETS LESS CURRENT LIABILITIES

17,639

17,639

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

17,439

17,439

SHAREHOLDERS' FUNDS

17,639

17,639

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.

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 20 December 2017 and were signed on its behalf by:

P Dougherty - Director

1.	STATUTORY INFORMATION

Hic-Cup Wines 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete

and slow moving items.

3.

STOCKS

2017

2016

£

£

Stocks

5,400

5,400

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

12,239

12,239

5.	EXPLANATION OF TRANSITION TO FRS102 SECTION 1A

This is the first year that the company has presented its financial statements in accordance with the

provisions of Financial Reporting Standard 102 Section 1A Small Entities (FRS 102 1A) issued by the

Financial Reporting Council. The comparative amounts have been restated accordingly. Therefore the

date of transition is 1 April 2015.

There have been no changes to the accounting policies of the company as a consequence of adopting FRS

102 1A. As a result, upon transition to FRS 102 1A there has been no impact on the company's financial

position or financial performance.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to

file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements

and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Hic-Cup Wines Limited for the year ended 31 March 2017 which comprise the Income

Statement, Balance Sheet and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Hic-Cup Wines Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hic-Cup Wines Limited and state those matters that we have agreed to state to the Board of Directors of Hic-Cup Wines Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hic-Cup Wines Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Hic-Cup Wines Limited 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 Hic-Cup Wines Limited. You consider that Hic-Cup Wines Limited 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 Hic-Cup Wines Limited. 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.

This report should not be regarded as suitable to be used or relied on by any other party wishing to acquire any

rights against Bessler Hendrie for any purpose or in any context. Any party, other than the Directors, which

obtain access to this report or a copy and chooses to rely on this report (or any part of it) will do so at its own

risk.

Bessler Hendrie

Chartered Accountants

Albury Mill

Mill Lane

Chilworth

Guildford

Surrey

GU4 8RU

Date: .............................................