Hutchinsons Cash and Carry Limited
|
Registered number: |
07903265
|
Abbreviated Balance Sheet |
as at 31 March 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
942 |
|
|
1,178 |
|
Current assets |
Stocks |
|
|
100,822 |
|
|
100,822 |
Debtors |
|
|
259,395 |
|
|
235,894 |
Cash at bank and in hand |
|
|
5,795 |
|
|
16,161 |
|
|
|
366,012 |
|
|
352,877 |
|
Creditors: amounts falling due within one year |
|
|
(443,150) |
|
|
(363,765) |
|
Net current liabilities |
|
|
|
(77,138) |
|
|
(10,888) |
|
Net liabilities |
|
|
|
(76,196) |
|
|
(9,710) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
(76,296) |
|
|
(9,810) |
|
Shareholders' funds |
|
|
|
(76,196) |
|
|
(9,710) |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
Mr J A Hutchinson |
Director |
Approved by the board on 16 January 2017
|
|
Hutchinsons Cash and Carry Limited
|
Notes to the Abbreviated Accounts |
for the year ended 31 March 2016
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% reducing balance
|
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
2,300 |
|
At 31 March 2016 |
2,300 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
1,122 |
|
Charge for the year |
236 |
|
At 31 March 2016 |
1,358 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
942 |
|
At 31 March 2015 |
1,178 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|