Abbreviated Company Accounts - H BARNES & CO LTD

09051638 H BARNES & CO LTD 2016-05-31 false 2015-06-01 2016-05-31 true 09051638 2015-06-01 2016-05-31 09051638 2016-05-31 09051638 2015-05-31 09051638 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 09051638 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:Director3 2015-06-01 2016-05-31 uk-gaap-cd-bus:Director3 2016-05-31 uk-gaap-cd-bus:Director3 2015-05-31 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 09051638

H BARNES & CO LTD

Abbreviated Accounts

31 May 2016

H BARNES & CO LTD Registered Number 09051638

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	598	855
		598	855
Current assets
Debtors		143,153	240,319
Cash at bank and in hand		1,190	185
		144,343	240,504
Creditors: amounts falling due within one year		(136,197)	(66,294)
Net current assets (liabilities)		8,146	174,210
Total assets less current liabilities		8,744	175,065
Total net assets (liabilities)		8,744	175,065
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		8,644	174,965
Shareholders' funds		8,744	175,065

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 28 February 2017

And signed on their behalf by:
Mr S Barnes, Director

H BARNES & CO LTD Registered Number 09051638

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
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Office equipment 25% reducing balance basis
Motor vehicles 25% reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 June 2015	1,140
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	1,140
Depreciation
At 1 June 2015	285
Charge for the year	257
On disposals	-
At 31 May 2016	542
Net book values
At 31 May 2016	598
At 31 May 2015	855

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100

4Transactions with directors

Name of director receiving advance or credit:	Mr S Barnes
Description of the transaction:	Loan
Balance at 1 June 2015:	£ 240,309
Advances or credits made:	£ 236,616
Advances or credits repaid:	£ 333,782
Balance at 31 May 2016:	£ 143,143