REGISTERED NUMBER: 04923072 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st December 2015

for

Huddersfield Dyeing Company Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

T N Gledhill

J M Brook

SECRETARY:

T N Gledhill

REGISTERED OFFICE:

Canal Bank Dyeworks

Canal Street

Leeds Road

Huddersfield

West Yorkshire

HD1 6NY

REGISTERED NUMBER:

04923072 (England and Wales)

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

79,486

94,124

79,486

94,124

CURRENT ASSETS

Stocks

158,122

182,239

Debtors

453,763

466,975

Cash at bank and in hand

35,630

27,392

647,515

676,606

CREDITORS

Amounts falling due within one year

4

563,845

568,942

NET CURRENT ASSETS

83,670

107,664

TOTAL ASSETS LESS CURRENT LIABILITIES

163,156

201,788

CREDITORS

Amounts falling due after more than one year

4

(8,974

)

(12,006

)

PROVISIONS FOR LIABILITIES

(13,446

)

(18,164

)

NET ASSETS

140,736

171,618

CAPITAL AND RESERVES

Called up share capital

5

1,500

1,500

Share premium

30,255

30,255

Capital redemption reserve

502

502

Profit and loss account

108,479

139,361

SHAREHOLDERS' FUNDS

140,736

171,618

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2015.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st December 2015 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 28th September 2016 and were signed on its behalf by:

J M Brook - 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 January 2015).

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the year. In

addition, revenue recognised from uninvoiced work done at the year end date is included based on the stage of

completeness of such work.

Goodwill

Goodwill relates to the acquisition of trade formulae, recipes and a business in 2008. Goodwill has been

amortised in full.

Tangible fixed assets

Depreciation is provided at rates calculated to write of the cost less residual value of each asset over its expected

useful life, as follows:

Plant and machinery - 2 to 10 years straight line per annum

Fixtures and fittings - 2 to 10 years straight line per annum

Motor vehicles - 25% straight line per annum

Stocks

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.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company contributes to defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2015

and 31st December 2015

743,347

AMORTISATION

At 1st January 2015

and 31st December 2015

743,347

NET BOOK VALUE

At 31st December 2015

-

At 31st December 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2015

294,837

Additions

40,217

Grants

(12,348

)

At 31st December 2015

322,706

DEPRECIATION

At 1st January 2015

200,713

Charge for year

42,507

At 31st December 2015

243,220

NET BOOK VALUE

At 31st December 2015

79,486

At 31st December 2014

94,124

4.

CREDITORS

Creditors include an amount of £ 321,040 (31.12.14 - £ 283,687 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

£

1,500

Ordinary A

£1

1,000

1,000

500

Ordinary C

£1

500

500

1,500

1,500

Ordinary C shares carry no voting rights, but have the first right to any dividends. All other classes of Ordinary

share have identical rights to dividends except that the directors may resolve to declare a dividend on one class

of share and not the other.

On return of assets on liquidation, reduction of capital or otherwise the surplus assets of the company remaining

after the payments of its liabilities shall be divided between the holders of the Ordinary A shares.