Company Registration No. 08782947 (England and Wales)
HOLTHAM WHITTLE ASSOCIATES LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2015
HOLTHAM WHITTLE ASSOCIATES LIMITED
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 4
HOLTHAM WHITTLE ASSOCIATES LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 NOVEMBER 2015
30 November 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
913
1,141
Current assets
Debtors
50,641
16,487
Cash at bank and in hand
54,989
53,025
105,630
69,512
Creditors: amounts falling due within one year
(28,693)
(19,184)
Net current assets
76,937
50,328
Total assets less current liabilities
77,850
51,469
Creditors: amounts falling due after more than one year
(4,000)
(12,000)
73,850
39,469
Capital and reserves
Called up share capital
3
2
2
Profit and loss account
73,848
39,467
Shareholders' funds
73,850
39,469
HOLTHAM WHITTLE ASSOCIATES LIMITED
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
30 NOVEMBER 2015
30 November 2015
- 2 -
For the financial year ended 30 November 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the board and authorised for issue on 17 October 2016
Mr A M Holtham
Director
Company Registration No. 08782947
HOLTHAM WHITTLE ASSOCIATES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2015
- 3 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment
25% straight line method
1.5
Leasing
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
1.6
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
HOLTHAM WHITTLE ASSOCIATES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2015
- 4 -
2
Fixed assets
Tangible assets
£
Cost
Additions
208
At 30 November 2015
1,743
Depreciation
Charge for the year
436
At 30 November 2015
830
Net book value
At 30 November 2015
913
At 30 November 2014
1,141
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
100 ordinary A shares of 1p each
1
1
100 ordinary B shares of 1p each
1
1
2
2