Abbreviated Company Accounts - HOLDERS SHEET METAL LIMITED

HOLDERS SHEET METAL LIMITED - Company Information

05117721 HOLDERS SHEET METAL LIMITED 2016-05-31 false 2015-06-01 2016-05-31 true 05117721 2015-06-01 2016-05-31 05117721 2016-05-31 05117721 2015-05-31 05117721 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 05117721 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 05117721

HOLDERS SHEET METAL LIMITED

Abbreviated Accounts

31 May 2016

HOLDERS SHEET METAL LIMITED Registered Number 05117721

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	115,423	126,361
		115,423	126,361
Current assets
Stocks		20,235	24,736
Debtors		83,885	79,496
Cash at bank and in hand		1,103	7,924
		105,223	112,156
Creditors: amounts falling due within one year	3	(150,269)	(172,596)
Net current assets (liabilities)		(45,046)	(60,440)
Total assets less current liabilities		70,377	65,921
Creditors: amounts falling due after more than one year	3	(10,500)	(22,898)
Total net assets (liabilities)		59,877	43,023
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		59,875	43,021
Shareholders' funds		59,877	43,023

For the year ending 31 May 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 27 February 2017

And signed on their behalf by:
P Wilson, Director

HOLDERS SHEET METAL LIMITED Registered Number 05117721

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Comprises the invoiced value of goods and services supplied by the company, net of VAT.

Tangible assets depreciation policy
Depreciation is provided at 10% reducing balance basis.

2Tangible fixed assets

	£
Cost
At 1 June 2015	189,755
Additions	1,698
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	191,453
Depreciation
At 1 June 2015	63,394
Charge for the year	12,636
On disposals	-
At 31 May 2016	76,030
Net book values
At 31 May 2016	115,423
At 31 May 2015	126,361

3Creditors

	2016 £	2015 £
Secured Debts	25,800	65,100

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2