Highlight PR Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 04533490 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2015

for

Highlight PR Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr N Vellacott

Mrs A Vellacott

REGISTERED OFFICE:

2 Bath Street

Bath

Somerset

BA1 1SA

REGISTERED NUMBER:

04533490 (England and Wales)

ACCOUNTANTS:

Norton Accountancy Ltd

7 Soundwell Road

Staple Hill

Bristol

BS16 4QG

FIXED ASSETS

Intangible assets

2

21,000

24,000

Tangible assets

3

7,269

6,385

28,269

30,385

CURRENT ASSETS

Debtors

4

60,394

39,395

Cash at bank and in hand

145,235

98,058

205,629

137,453

CREDITORS

Amounts falling due within one year

74,451

55,151

NET CURRENT ASSETS

131,178

82,302

TOTAL ASSETS LESS CURRENT
LIABILITIES

159,447

112,687

CAPITAL AND RESERVES

Called up share capital

5

2

Profit and loss account

159,445

112,685

SHAREHOLDERS' FUNDS

159,447

112,687

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 29 July 2016 and were signed on its behalf by:

Mr N Vellacott - 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, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

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

Deferred tax

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

sheet date.

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

and 31 October 2015

60,000

AMORTISATION

At 1 November 2014

36,000

Amortisation for year

3,000

At 31 October 2015

39,000

NET BOOK VALUE

At 31 October 2015

21,000

At 31 October 2014

24,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

24,025

Additions

3,306

At 31 October 2015

27,331

DEPRECIATION

At 1 November 2014

17,640

Charge for year

2,422

At 31 October 2015

20,062

NET BOOK VALUE

At 31 October 2015

7,269

At 31 October 2014

6,385

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 4,500

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

2

Allotted, issued and fully

paid

1

2