Midlands Home & Energy Inspections Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06562695 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2014

FOR

MIDLANDS HOME & ENERGY INSPECTIONS

LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C J G Breslin

Mrs J E Breslin

REGISTERED OFFICE:

12 Althorpe Drive

Dorridge

Solihull

West Midlands

B93 8SG

REGISTERED NUMBER:

06562695 (England and Wales)

ACCOUNTANTS:

Bernard Rogers & Co

Bank Gallery

High Street

Kenilworth

Warwickshire

CV8 1LY

FIXED ASSETS

Tangible assets

2

535

1,210

CURRENT ASSETS

Debtors

3,421

1,407

Cash at bank and in hand

732

276

4,153

1,683

CREDITORS

Amounts falling due within one year

4,466

17,945

NET CURRENT LIABILITIES

(313

)

(16,262

)

TOTAL ASSETS LESS CURRENT LIABILITIES

222

(15,052

)

PROVISIONS FOR LIABILITIES

107

-

NET ASSETS/(LIABILITIES)

115

(15,052

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

15

(15,152

)

SHAREHOLDERS' FUNDS

115

(15,052

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 8 January 2015 and were signed on its behalf by:

Mrs J E Breslin - 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 of goods and services, excluding value added tax.

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 cost

Deferred tax

Deferred tax is provided in full on timing differences which result in an obligation at the Balance Sheet date to

pay more tax, or a right to pay less tax, at a future date at rates expected to apply when they crystallise based

on current tax rates and law. Timing differences arise from the inclusion of items of income and expenditure in

taxation computations in periods different from those in which they are included in the financial statements.

Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be

recovered. Deferred tax assets and liabilities are not discounted.

Going concern

The financial statements are prepared on a going concern basis. This assumes that the company will continue

in operational existence for the foreseeable future, due to the continued support of its directors.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

3,803

DEPRECIATION

At 1 May 2013

2,593

Charge for year

675

At 30 April 2014

3,268

NET BOOK VALUE

At 30 April 2014

535

At 30 April 2013

1,210

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2014 and

30 April 2013:

2014

2013

£

£

C J G Breslin and Mrs J E Breslin

Balance outstanding at start of year

-

-

Amounts advanced

1,900

-

Amounts repaid

-

-

Balance outstanding at end of year

1,900

-

The loans have been repaid since the year end.