Pickhill Engineers (Hipperholme) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 00313903 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

Pickhill Engineers (Hipperholme) Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J G Clarke

REGISTERED OFFICE:

Low Swainby Farm

Burneston

Bedale

North Yorkshire

DL8 2JH

REGISTERED NUMBER:

00313903 (England and Wales)

ACCOUNTANTS:

Malcolm Jones & Co Limited

Accountants and Business Advisers

West Hill House

Allerton Hill

Chapel Allerton

Leeds

West Yorkshire

LS7 3QB

FIXED ASSETS

Tangible assets

4

1,312,908

1,312,908

CURRENT ASSETS

Debtors

15,748

14,596

Cash at bank

25,653

15,864

41,401

30,460

CREDITORS

Amounts falling due within one year

140,340

149,503

NET CURRENT LIABILITIES

(98,939

)

(119,043

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,213,969

1,193,865

CREDITORS

Amounts falling due after more than one year

5

505,000

505,000

NET ASSETS

708,969

688,865

CAPITAL AND RESERVES

Called up share capital

90,000

90,000

Retained earnings

618,969

598,865

SHAREHOLDERS' FUNDS

708,969

688,865

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Balance Sheet for the year ended 31 March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director on 18 December 2018 and were signed by:

J G Clarke - Director

1.	STATUTORY INFORMATION

Pickhill Engineers (Hipperholme) 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.

Tangible fixed assets

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

Depreciation is not provided on investment property.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2017

and 31 March 2018

1,312,908

NET BOOK VALUE

At 31 March 2018

1,312,908

At 31 March 2017

1,312,908

Investment property are shown at cost in the financial statements.

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

31.3.18

31.3.17

£

£

Repayable otherwise than by instalments

Bank loans due > 5 years

-

505,000

6.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.18

31.3.17

£

£

Bank loans

505,000

505,000

The bank loan is secured by a limited guarantee given by J G Clarke, the director, for £500,000, dated 9th

September 2010.