A Hedges & Son (Recycling) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05744460 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2017 to 31 October 2017

for

A Hedges & Son (Recycling) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Hedges

L A Hedges

SECRETARY:

A Hedges

REGISTERED OFFICE:

220 Milton Road

WATERLOOVILLE

Hampshire

PO8 8SE

REGISTERED NUMBER:

05744460 (England and Wales)

ACCOUNTANTS:

Hughes Spencer

The Stables

Stansted Park

Rowlands Castle

Havant

Hampshire

PO9 6DX

FIXED ASSETS

Tangible assets

4

-

1,555

CURRENT ASSETS

Debtors

5

121,114

223,003

Cash at bank

235,894

129,927

357,008

352,930

CREDITORS

Amounts falling due within one year

6

138,571

99,050

NET CURRENT ASSETS

218,437

253,880

TOTAL ASSETS LESS CURRENT
LIABILITIES

218,437

255,435

CAPITAL AND RESERVES

Called up share capital

201

Retained earnings

218,236

255,234

SHAREHOLDERS' FUNDS

218,437

255,435

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2017 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 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 8 January 2018 and were signed on its behalf by:

L A Hedges - Director

1.	STATUTORY INFORMATION

A Hedges & Son (Recycling) Limited is a private company, limited by shares , registered in England and Wales.

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 represents the value of services provided under contracts to the extent that there is a right to

consideration and is recorded at the value of the consideration due.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the period 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 period 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.

Pension costs and other post-retirement benefits

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

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2017 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

22,817

Disposals

(22,817

)

At 31 October 2017

-

DEPRECIATION

At 1 April 2017

21,262

Eliminated on disposal

(21,262

)

At 31 October 2017

-

NET BOOK VALUE

At 31 October 2017

-

At 31 March 2017

1,555

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

£

Trade debtors

37,635

11,908

Other debtors

83,479

211,095

121,114

223,003

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

£

Taxation and social security

45,240

32,708

Other creditors

93,331

66,342

138,571

99,050

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 October 2017 and the year

ended 31 March 2017:

2017

£

L A Hedges

Balance outstanding at start of period

149,192

205,121

Amounts advanced

13,624

18,077

Amounts repaid

(132,427

)

(74,006

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

30,389

149,192

Interest was paid by the directors at the official rate.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the directors.