Holden Timber Engineering Limited - Accounts to registrar (filleted) - small 18.2

Holden Timber Engineering Limited - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Productionv18.3.1.6503556948Board of DirectorsBoard of Directors1.4.1731.3.1831.3.18falsetruefalsefalsetruefalseiso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure035569482017-03-31035569482018-03-31035569482017-04-012018-03-31035569482015-03-31035569482015-04-012017-03-31035569482017-03-3103556948ns14:PoundSterling2017-04-012018-03-3103556948ns10:Director12017-04-012018-03-3103556948ns10:Director22017-04-012018-03-3103556948ns10:PrivateLimitedCompanyLtd2017-04-012018-03-3103556948ns10:SmallEntities2017-04-012018-03-3103556948ns10:AuditExempt-NoAccountantsReport2017-04-012018-03-3103556948ns10:SmallCompaniesRegimeForDirectorsReport2017-04-012018-03-3103556948ns10:SmallCompaniesRegimeForAccounts2017-04-012018-03-3103556948ns10:FullAccounts2017-04-012018-03-3103556948ns10:RegisteredOffice2017-04-012018-03-3103556948ns5:CurrentFinancialInstruments2018-03-3103556948ns5:CurrentFinancialInstruments2017-03-3103556948ns5:ShareCapital2018-03-3103556948ns5:ShareCapital2017-03-3103556948ns5:CapitalRedemptionReserve2018-03-3103556948ns5:CapitalRedemptionReserve2017-03-3103556948ns5:RetainedEarningsAccumulatedLosses2018-03-3103556948ns5:RetainedEarningsAccumulatedLosses2017-03-3103556948ns5:PlantMachinery2017-03-3103556948ns5:PlantMachinery2017-04-012018-03-3103556948ns5:PlantMachinery2018-03-3103556948ns5:PlantMachinery2017-03-3103556948ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-03-3103556948ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-03-31


REGISTERED NUMBER: 03556948















Unaudited Financial Statements for the Year Ended 31 March 2018

for

Holden Timber Engineering Limited

Holden Timber Engineering Limited (Registered number: 03556948)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Holden Timber Engineering Limited

Company Information
for the Year Ended 31 March 2018







DIRECTORS: R M Holden
K Anderson





REGISTERED OFFICE: Stonewall Farm
Lower Road
Hemingstone
Ipswich
Suffolk
IP6 9RT





REGISTERED NUMBER: 03556948





ACCOUNTANTS: Quove Accounting Ltd
The Vision Centre
5 Eastern Way
Bury St Edmunds
Suffolk
IP32 7AB

Holden Timber Engineering Limited (Registered number: 03556948)

Balance Sheet
31 March 2018

31.3.18 31.3.17
Notes £    £   
FIXED ASSETS
Tangible assets 4 87,082 106,846

CURRENT ASSETS
Stocks 25,500 13,554
Debtors 5 963,757 808,790
Cash at bank 324,007 452,213
1,313,264 1,274,557
CREDITORS
Amounts falling due within one year 6 (495,824 ) (563,144 )
NET CURRENT ASSETS 817,440 711,413
TOTAL ASSETS LESS CURRENT
LIABILITIES

904,522

818,259

PROVISIONS FOR LIABILITIES (18,319 ) (21,710 )
NET ASSETS 886,203 796,549

CAPITAL AND RESERVES
Called up share capital 18,000 18,000
Capital redemption reserve 2,000 2,000
Retained earnings 866,203 776,549
SHAREHOLDERS' FUNDS 886,203 796,549

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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.

Holden Timber Engineering Limited (Registered number: 03556948)

Balance Sheet - continued
31 March 2018


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 19 November 2018and were signed on
its behalf by:




R M Holden- Director



K Anderson- Director


Holden Timber Engineering Limited (Registered number: 03556948)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Holden Timber Engineering Limited is a private company, limited by shares, registered in Not
specified/Other. 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 is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated
residual value of each asset over its expected useful life or, if held under a finance lease, over the
lease term, whichever is the shorter:-

Plant and machinery, fixtures, fittings and equipment - 15% per annum based on cost
Motor vehicles - 25% per annum based on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

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

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that are
expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the
period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16.

Holden Timber Engineering Limited (Registered number: 03556948)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2017 389,181
Additions 180
At 31 March 2018 389,361
DEPRECIATION
At 1 April 2017 282,335
Charge for year 19,944
At 31 March 2018 302,279
NET BOOK VALUE
At 31 March 2018 87,082
At 31 March 2017 106,846

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 283,862 293,736
Amounts owed by group undertakings 673,178 508,664
Other debtors 6,717 6,390
963,757 808,790

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade creditors 325,289 346,150
Taxation and social security 131,824 150,825
Other creditors 38,711 66,169
495,824 563,144