Holtite Limited - Accounts to registrar (filleted) - small 18.2
Holtite Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| HOLTITE LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH APRIL 2018 |
| HOLTITE LIMITED (REGISTERED NUMBER: 00565481) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH APRIL 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| HOLTITE LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30TH APRIL 2018 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| BANKERS: |
| 120 High Street |
| Brierley Hill |
| West Midlands |
| DY5 3BD |
| HOLTITE LIMITED (REGISTERED NUMBER: 00565481) |
| BALANCE SHEET |
| 30TH APRIL 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Stocks | 6 |
| Debtors | 7 |
| Investments | 8 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 9 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| HOLTITE LIMITED (REGISTERED NUMBER: 00565481) |
| BALANCE SHEET - continued |
| 30TH APRIL 2018 |
| 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 behalf by: |
| HOLTITE LIMITED (REGISTERED NUMBER: 00565481) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH APRIL 2018 |
| 1. | STATUTORY INFORMATION |
| Holtite Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| The presentation currency is £ sterling. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. |
| Tangible fixed assets |
| Freehold property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| No depreciation is provided on freehold land. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| 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. |
| HOLTITE LIMITED (REGISTERED NUMBER: 00565481) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30TH APRIL 2018 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| Investments |
| Fixed asset investments |
| The company's investment in the share capital of a dormant subsidiary company is included at cost less |
| impairment. |
| Current asset investments |
| Listed investments are included at fair value. |
| Cash and cash equivalents |
| Cash and cash equivalents includes deposits held at call at banks. |
| Debtors and Creditors |
| Short term debtors and creditors are measured at transaction price, less any impairment. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | Plant and | and |
| property | machinery | fittings |
| £ | £ | £ |
| COST |
| At 1st May 2017 |
| At 30th April 2018 |
| DEPRECIATION |
| At 1st May 2017 |
| Charge for year |
| Eliminated on disposal |
| At 30th April 2018 |
| NET BOOK VALUE |
| At 30th April 2018 |
| At 30th April 2017 |
| HOLTITE LIMITED (REGISTERED NUMBER: 00565481) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30TH APRIL 2018 |
| 4. | TANGIBLE FIXED ASSETS - continued |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1st May 2017 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 30th April 2018 |
| DEPRECIATION |
| At 1st May 2017 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30th April 2018 |
| NET BOOK VALUE |
| At 30th April 2018 |
| At 30th April 2017 |
| 5. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST |
| At 1st May 2017 |
| and 30th April 2018 |
| PROVISIONS |
| At 1st May 2017 |
| and 30th April 2018 | 1,900 |
| NET BOOK VALUE |
| At 30th April 2018 |
| At 30th April 2017 |
| 6. | STOCKS |
| 2018 | 2017 |
| £ | £ |
| Stocks |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Other debtors | 3,404 | 17,386 |
| Prepayments |
| HOLTITE LIMITED (REGISTERED NUMBER: 00565481) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30TH APRIL 2018 |
| 8. | CURRENT ASSET INVESTMENTS |
| 2018 | 2017 |
| £ | £ |
| Listed investments | 304,312 | 285,020 |
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade creditors |
| Tax |
| Social security and other taxes |
| Loan account with Isaiah Preston Limited | 212,166 | 212,166 |
| Wages control | 1,813 | 6,764 |
| Accrued expenses |