Company Registration No. NI607230 (Northern Ireland)
Henry's Tiles & Bathrooms Ltd.
Unaudited accounts
for the year ended 30 June 2017
Henry's Tiles & Bathrooms Ltd.
Unaudited accounts
Contents
Henry's Tiles & Bathrooms Ltd.
Company Information
for the year ended 30 June 2017
Directors
Robbie Henry
Sharon Teresa Mary McGilloway
Company Number
NI607230 (Northern Ireland)
Registered Office
UNIT 4 (GROUND FLOOR)
SITE 18 BALLINISKA RD SPRINGTOWN IND EST
DERRY
DERRY
BT48 0NA
Northern Ireland
Accountants
KMD Accountancy Ltd
Ardmalin
15 Inishowen Park
Portstewart
Londonderry
BT55 7BQ
Henry's Tiles & Bathrooms Ltd.
Statement of financial position
as at
30 June 2017
Tangible assets
10,157
7,696
Cash at bank and in hand
7,079
6,699
Creditors: amounts falling due within one year
(4,651)
(8,905)
Net current assets
26,263
8,637
Total assets less current liabilities
36,420
16,333
Creditors: amounts falling due after more than one year
(10,780)
(10,575)
Called up share capital
4
4
Profit and loss account
25,636
5,754
Shareholders' funds
25,640
5,758
For the year ending 30 June 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 25 March 2018.
Robbie Henry
Director
Company Registration No. NI607230
Henry's Tiles & Bathrooms Ltd.
Notes to the Accounts
for the year ended 30 June 2017
Henry's Tiles & Bathrooms Ltd. is a private company, limited by shares, registered in Northern Ireland, registration number NI607230. The registered office is UNIT 4 (GROUND FLOOR), SITE 18 BALLINISKA RD SPRINGTOWN IND EST, DERRY, DERRY, BT48 0NA, Northern Ireland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 June 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Henry's Tiles & Bathrooms Ltd.
Notes to the Accounts
for the year ended 30 June 2017
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2016
10,028
2,630
12,658
At 30 June 2017
15,028
2,630
17,658
At 1 July 2016
3,752
1,210
4,962
Charge for the year
2,255
284
2,539
At 30 June 2017
6,007
1,494
7,501
At 30 June 2017
9,021
1,136
10,157
At 30 June 2016
6,276
1,420
7,696
Trade debtors
11,335
1,766
7
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
4,651
350
Loans from directors
-
8,555
8
Creditors: amounts falling due after more than one year
2017
2016
Trade creditors
10,780
8,450
9
Share capital
2017
2016
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
Henry's Tiles & Bathrooms Ltd.
Notes to the Accounts
for the year ended 30 June 2017
10
Average number of employees
During the year the average number of employees was 3 (2016: 0).