Hambidge (Lime Suppliers) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 00787840 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2014

FOR

HAMBIDGE (LIME SUPPLIERS) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr R Hambidge

SECRETARY:

Mrs J Bowers

REGISTERED OFFICE:

Arrowsmith Court

Station Approach

Broadstone

Dorset

BH18 8AT

REGISTERED NUMBER:

00787840 (England and Wales)

ACCOUNTANTS:

Newton Magnus

Chartered Certified Accountants

& Statutory Auditors

Arrowsmith Court

Station Approach

Broadstone

Dorset

BH18 8AT

FIXED ASSETS

Tangible assets

2

12,528

11,977

CURRENT ASSETS

Stocks

1,079

6,894

Debtors

47,071

41,208

Cash at bank

60,954

70,031

109,104

118,133

CREDITORS

Amounts falling due within one year

(30,377

)

(39,024

)

NET CURRENT ASSETS

78,727

79,109

TOTAL ASSETS LESS CURRENT LIABILITIES

91,255

91,086

PROVISIONS FOR LIABILITIES

(1,362

)

(1,120

)

NET ASSETS

89,893

89,966

CAPITAL AND RESERVES

Called up share capital

3

12,500

12,500

Other reserves

5,000

5,000

Profit and loss account

72,393

72,466

SHAREHOLDERS' FUNDS

89,893

89,966

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 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 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 director on 5 March 2015 and were signed by:

Mr R Hambidge - 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 the value of goods and services supplied during the year, 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.

Freehold property

-

5% on cost

Plant and machinery

-

25% on cost

Mobile phones

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stock has been valued by the director at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving stock. Some vehicles held as fixed assets when scrapped are used for spare parts, and

transferred at net book value to spare parts stock, and written off over 5 years.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

55,277

Additions

3,750

Disposals

(6,876

)

At 30 September 2014

52,151

DEPRECIATION

At 1 October 2013

43,300

Charge for year

3,138

Eliminated on disposal

(6,815

)

At 30 September 2014

39,623

NET BOOK VALUE

At 30 September 2014

12,528

At 30 September 2013

11,977

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

12,500

Ordinary

£1

12,500

12,500