Holmes Environmental Services Limited - Limited company - abbreviated

REGISTERED NUMBER: 03109624 (England and Wales)

HOLMES ENVIRONMENTAL SERVICES LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M Kibble

D Taylor

P B Mardle

SECRETARY:

Mrs C S Kibble

REGISTERED OFFICE:

5 Kingfisher House

Crayfields Business Park

New Mill Road

Orpington

Kent

BR5 2QG

REGISTERED NUMBER:

03109624 (England and Wales)

ACCOUNTANTS:

Sinclairs Bartrum Lerner

Chartered Accountants

39A Welbeck Street

London

W1G 8DH

FIXED ASSETS

Tangible assets

2

7,535

10,284

CURRENT ASSETS

Debtors

1,545,616

1,225,344

Cash at bank and in hand

288,775

13,364

1,834,391

1,238,708

CREDITORS

Amounts falling due within one year

1,385,605

886,821

NET CURRENT ASSETS

448,786

351,887

TOTAL ASSETS LESS CURRENT
LIABILITIES

456,321

362,171

CAPITAL AND RESERVES

Called up share capital

3

38

Capital redemption reserve

62

Profit and loss account

456,221

362,071

SHAREHOLDERS' FUNDS

456,321

362,171

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 17th December 2014 and were signed on its behalf
by:

M Kibble - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales as adjusted for revenue recognition, excluding value added tax.

Long term contracts

Turnover in respect of long term contracts has been assessed by the directors on a contract by contract basis in a

manner appropriate to the stage of completion at the year end date. Profit on such contracts has been recognised

prudently, and net of foreseeable losses, so that it fairly reflects the profit attributable to that part of the work

performed at the year end date.

Tangible fixed assets

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

Expenditure on premises

-

over the duration of the lease

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2013

and 31st March 2014

57,400

DEPRECIATION

At 1st April 2013

47,116

Charge for year

2,749

At 31st March 2014

49,865

NET BOOK VALUE

At 31st March 2014

7,535

At 31st March 2013

10,284

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

38

Ordinary

£1

38

4.	ULTIMATE PARENT COMPANY

Holmes Group (UK) Limited, previously Dewsbury Trading Limited, is the immediate and ultimate holding

company, which owns 87% of the issued ordinary share capital of the company.

Holmes Environmental Services Limited - Limited company - abbreviated - 11.6

Holmes Environmental Services Limited - Limited company - abbreviated - 11.6