Mr Hugh Whitfield Ltd - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 09560117 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2017

for

Mr Hugh Whitfield Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H N Whitfield

Mrs P J Whitfield

REGISTERED OFFICE:

Bowsey Hill House

Bowsey Hill

Wargrave

Berkshire

RG10 8QJ

REGISTERED NUMBER:

09560117 (England and Wales)

ACCOUNTANTS:

Stanbridge Associates Limited

7 Lindum Terrace

Lincoln

Lincolnshire

LN2 5RP

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

925

825

926

826

CURRENT ASSETS

Stocks

8,000

8,000

Debtors

6

29,783

15,053

37,783

23,053

CREDITORS

Amounts falling due within one year

7

26,972

22,577

NET CURRENT ASSETS

10,811

476

TOTAL ASSETS LESS CURRENT LIABILITIES

11,737

1,302

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

11,637

1,202

SHAREHOLDERS' FUNDS

11,737

1,302

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 24 July 2017 and were signed on its behalf by:

H N Whitfield - Director

1.	STATUTORY INFORMATION

Mr Hugh Whitfield Ltd is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the

Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents trading income accrued during the period shown by these financial

statements.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are

measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and

handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive

income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that

have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2016

and 30 April 2017

1

NET BOOK VALUE

At 30 April 2017

1

At 30 April 2016

1

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2016

1,100

Additions

562

At 30 April 2017

1,662

DEPRECIATION

At 1 May 2016

275

Charge for year

462

At 30 April 2017

737

NET BOOK VALUE

At 30 April 2017

925

At 30 April 2016

825

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

26,790

14,894

Other debtors

2,993

159

29,783

15,053

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

10,665

15,244

Trade creditors

580

1,283

Taxation and social security

5,929

652

Other creditors

9,798

5,398

26,972

22,577