Bill Harkins Associates Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC393795 (Scotland)

Abbreviated Accounts for the Year Ended 28 February 2015

for

Bill Harkins Associates Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

W Harkins

Mrs A A Harkins

Miss K Harkins

C Harkins

SECRETARY:

REGISTERED OFFICE:

Cairnfield

14 School Road

Balmullo

St. Andrews

Fife

KY16 0BD

REGISTERED NUMBER:

SC393795 (Scotland)

ACCOUNTANTS:

Monteaths

Cairnfield

14 School Road

Balmullo

St Andrews

Fife

KY16 0BD

FIXED ASSETS

Tangible assets

2

86,241

56,731

CURRENT ASSETS

Debtors

8,763

640

Cash at bank

9,087

612

17,850

1,252

CREDITORS

Amounts falling due within one year

48,842

56,639

NET CURRENT LIABILITIES

(30,992

)

(55,387

)

TOTAL ASSETS LESS CURRENT LIABILITIES

55,249

1,344

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

55,149

1,244

SHAREHOLDERS' FUNDS

55,249

1,344

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2015 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 16 October 2015 and were signed on its behalf by:

W Harkins - 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 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 reducing balance

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 1 March 2014

58,467

Additions

30,978

At 28 February 2015

89,445

DEPRECIATION

At 1 March 2014

1,736

Charge for year

1,468

At 28 February 2015

3,204

NET BOOK VALUE

At 28 February 2015

86,241

At 28 February 2014

56,731

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.15

28.2.14

value:

£

£

100

Ordinary

1

100

100