The Holloway Partnership Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08466754 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 28 MARCH 2013 TO 31 MARCH 2014

FOR

THE HOLLOWAY PARTNERSHIP LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P Williams

K V Patterson

M C Clark

SECRETARY:

REGISTERED OFFICE:

Canton House

435-451 Cowbridge Road East

Cardiff

CF5 1JH

REGISTERED NUMBER:

08466754 (England and Wales)

ACCOUNTANTS:

RON COATES & CO CHARTERED ACCOUNTANTS

374 Cowbridge Road East

Cardiff

South Glamorgan

CF5 1JJ

FIXED ASSETS

Intangible assets

2

50,000

Tangible assets

3

1,050

51,050

CURRENT ASSETS

Stocks

20,169

Debtors

66,028

Cash at bank

29,236

115,433

CREDITORS

Amounts falling due within one year

120,314

NET CURRENT LIABILITIES

(4,881

)

TOTAL ASSETS LESS CURRENT LIABILITIES

46,169

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

46,069

SHAREHOLDERS' FUNDS

46,169

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2014 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 11 June 2014 and were signed on its behalf by:

P Williams - 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 services, excluding value added tax.

Goodwill

Goodwill was purchased on 1st April 2013 and will be reviewed annually to decide if it is considered necessary

to amortise.

Tangible fixed assets

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

Fixtures and fittings

-

15% on cost

Computer equipment

-

15% on cost

Stocks

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

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

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

50,000

At 31 March 2014

50,000

NET BOOK VALUE

At 31 March 2014

50,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,500

At 31 March 2014

1,500

DEPRECIATION

Charge for period

450

At 31 March 2014

450

NET BOOK VALUE

At 31 March 2014

1,050

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

80

A Ordinary

1

80

10

B Ordinary

1

10

10

C Ordinary

1

10

100