Handling Associates Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 04792143 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2017

FOR

HANDLING ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J. R. Hill

SECRETARY:

J Hill

REGISTERED OFFICE:

Leonard House

5-7 Newman Road

Bromley

Kent

BR1 1RJ

REGISTERED NUMBER:

04792143 (England and Wales)

ACCOUNTANTS:

Crane & Partners

Chartered Accountants

Leonard House

5 - 7 Newman Road

Bromley

Kent

BR1 1RJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

4,125

5,500

Investments

6

-

-

4,125

5,500

CURRENT ASSETS

Debtors

7

5,832

3,003

Cash at bank

10,504

11,904

16,336

14,907

CREDITORS

Amounts falling due within one year

8

11,223

14,769

NET CURRENT ASSETS

5,113

138

TOTAL ASSETS LESS CURRENT LIABILITIES

9,238

5,638

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

9,138

5,538

SHAREHOLDERS' FUNDS

9,238

5,638

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 26 March 2018 and were signed by:

J. R. Hill - Director

1.	STATUTORY INFORMATION

Handling Associates 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured

at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

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

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 July 2016

and 30 June 2017

1,000

AMORTISATION

At 1 July 2016

and 30 June 2017

1,000

NET BOOK VALUE

At 30 June 2017

-

At 30 June 2016

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2016

and 30 June 2017

16,261

DEPRECIATION

At 1 July 2016

10,761

Charge for year

1,375

At 30 June 2017

12,136

NET BOOK VALUE

At 30 June 2017

4,125

At 30 June 2016

5,500

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 July 2016

66

Disposals

(66

)

At 30 June 2017

-

PROVISIONS

At 1 July 2016

66

Eliminated on disposal

(66

)

At 30 June 2017

-

NET BOOK VALUE

At 30 June 2017

-

At 30 June 2016

-

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

2,109

3,003

Other debtors

3,723

-

5,832

3,003

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

2,190

6,360

Taxation and social security

7,683

1,732

Other creditors

1,350

6,677

11,223

14,769

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the end of the year, the director owed the company £3,723.

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £10,000 were paid to the director .