R J Hartwell Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05914734 (England and Wales)

R J Hartwell Limited

Abbreviated Unaudited Accounts

for the Year Ended 31 August 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

DIRECTOR:

R J Hartwell

SECRETARY:

REGISTERED OFFICE:

4 White Houses

Billesley

Alcester

Warwickshire

B49 6NE

REGISTERED NUMBER:

05914734 (England and Wales)

FIXED ASSETS

Intangible assets

2

15,000

Tangible assets

3

380,889

245,789

395,889

260,789

CURRENT ASSETS

Stocks

416,419

45,721

Debtors

320,755

381,780

Cash at bank

155,691

91,443

892,865

518,944

CREDITORS

Amounts falling due within one year

679,422

418,014

NET CURRENT ASSETS

213,443

100,930

TOTAL ASSETS LESS CURRENT
LIABILITIES

609,332

361,719

CREDITORS

Amounts falling due after more than one
year

(93,800

)

(46,319

)

PROVISIONS FOR LIABILITIES

(74,884

)

(61,401

)

NET ASSETS

440,648

253,999

CAPITAL AND RESERVES

Called up share capital

4

6

Capital redemption reserve

4

Profit and loss account

440,638

253,989

SHAREHOLDERS' FUNDS

440,648

253,999

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 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 27 May 2016 and were signed by:

R J Hartwell - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007.

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 and 20% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due

allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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 the profit and loss account in the period to which they

relate.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant

period. The capital element of the future payments is treated as a liability.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

and 31 August 2015

15,000

NET BOOK VALUE

At 31 August 2015

15,000

At 31 August 2014

15,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

450,828

Additions

269,103

Disposals

(54,090

)

At 31 August 2015

665,841

DEPRECIATION

At 1 September 2014

205,039

Charge for year

105,144

Eliminated on disposal

(25,231

)

At 31 August 2015

284,952

NET BOOK VALUE

At 31 August 2015

380,889

At 31 August 2014

245,789

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

6

Ordinary

£1

6