REGISTERED NUMBER: 01579794 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

A & M HADFIELD (FUNERAL DIRECTORS)

LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr A M Hadfield

Mrs M Hadfield

Miss B Hadfield

SECRETARY:

Mrs M Hadfield

REGISTERED OFFICE:

247 Burton Road

Monk Bretton

Barnsley

South Yorkshire

S71 2QE

REGISTERED NUMBER:

01579794 (England and Wales)

ACCOUNTANTS:

Gibson Booth Limited

12 Victoria Road

Barnsley

South Yorkshire

S70 2BB

BANKERS:

Barclays Bank Plc

10 - 18 Queen Street

Barnsley

South Yorkshire

S70 2AJ

FIXED ASSETS

Tangible assets

2

502,811

450,913

CURRENT ASSETS

Stocks

10,125

10,267

Debtors

140,598

121,077

Cash at bank

284,028

290,228

434,751

421,572

CREDITORS

Amounts falling due within one year

82,667

133,358

NET CURRENT ASSETS

352,084

288,214

TOTAL ASSETS LESS CURRENT LIABILITIES

854,895

739,127

PROVISIONS FOR LIABILITIES

21,448

10,040

NET ASSETS

833,447

729,087

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

833,347

728,987

SHAREHOLDERS' FUNDS

833,447

729,087

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 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 and authorised for issue by the Board of Directors on 26 June 2017 and were signed on its behalf by:

Miss B Hadfield - 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 is recognised to the extent that the company has obtained the right to

consideration through the performance of its contractual obligations. Where the substance

is that the company's contractual obligations are performed over time, turnover is

recognised as contract activity progresses to reflect the company's partial performance of its

contractual obligations. The amount recognised represents the right to consideration by

reference to the value of the work performed.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on reducing balance

Plant and machinery

-

33% on cost and 20% on reducing balance

Motor vehicles

-

25% on reducing balance

All fixed assets are initially recorded at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date where transactions or events have occurred at that date

that will result in an obligation to pay more, or a right to pay less or to receive more tax,

with the following exceptions:

Provision is made for tax on gains arising from the revaluation (and similar fair value

adjustments) of fixed assets, and gains on disposal of fixed assets that have been rolled over

into replacement assets, only to the extent that, at the balance sheet date, there is a binding

agreement to dispose of the assets concerned. However, no provision is made where, on

the basis of all available evidence at the balance sheet date, it is more likely than not that

the taxable gain will be rolled over into replacement assets and charged to tax only where

the replacement assets are sold.

Deferred tax assets are recognised only to the extent that the directors consider that it is

more likely than not that there will be suitable taxable profits from which the future reversal

of the underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to

apply in the periods in which timing differences reverse, based on tax rates and laws

enacted or substantively enacted 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.

Pension costs

The company makes employer contributions into employee private pension schemes. The

annual contributions payable are charged to the profit and loss account.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the

contractual arrangement, as either financial assets, financial liabilities or equity instruments.

An equity instrument is any contract that evidences a residual interest in the assets of the

company after deducting all of its liabilities.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

839,617

Additions

141,560

Disposals

(75,766

)

At 30 September 2016

905,411

DEPRECIATION

At 1 October 2015

388,704

Charge for year

48,517

Eliminated on disposal

(34,621

)

At 30 September 2016

402,600

NET BOOK VALUE

At 30 September 2016

502,811

At 30 September 2015

450,913

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended

30 September 2016 and 30 September 2015:

30.9.16

30.9.15

£

£

Mr A M Hadfield

Balance outstanding at start of year

-

-

Amounts advanced

50,236

-

Amounts repaid

(47,639

)

-

Balance outstanding at end of year

2,597

-