For the year ended 31 March 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 01813621
Micks & Hoy Limited
For the year ended 31 March 2015
1
Accountants' Report
2
Balance Sheet
3
Notes to the Abbreviated Financial Statements
Accountants' Report
For the year ended 31 March 2015
Micks & Hoy Limited
In order to assist you to fulfil your duties under Companies Act
2006
,
we have prepared for your approval the
|
accounts of Micks
&
Hoy Limited for the year ended
31
March
2015
which comprise the Profit and Loss Account
,
|
the Balance Sheet and the related notes from the company
'
s accounting records and from information and
|
explanations you have given us
.
|
As a practising firm of the Association of Chartered Certified Accountants
,
we are subject to its ethical and other
|
professional requirements which are detailed at http
://
rulebook
.
accaglobal
.
com
.
|
This report is made solely to the Board of Directors of Micks
&
Hoy Limited
,
as a body
,
in accordance with the
|
terms of our engagement letter dated
.
Our work has been undertaken solely to prepare for your approval the
|
accounts of Micks
&
Hoy Limited and state those matters that we have agreed to state to the Board of Directors of
|
Micks
&
Hoy Limited
,
as a body
,
in this report in accordance with the requirements of the Association of Chartered
|
Certified Accountants and as detailed at http
://
www
.
accaglobal
.
com
/
factsheet
163
.
To the fullest extent permitted by
|
law
,
we do not accept or assume responsibility to anyone other than Micks
&
Hoy Limited and its Board of Directors
|
as a body for our work or for this report
.
|
It is your duty to ensure that Micks
&
Hoy Limited has kept adequate accounting records and to prepare statutory
|
accounts that give a true and fair view of the assets
,
liabilities
,
financial position and profit of Micks
&
Hoy Limited
.
|
You consider that Micks
&
Hoy Limited is exempt from the statutory audit requirement for the year
.
|
McMillan Woods
Chartered Certified Accountants
International House
Cray Avenue
Orpington
BR5 3RS
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Notes to the Abbreviated Financial Statements
|
For the year ended 31 March 2015
Micks & Hoy Limited
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
|
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and Machinery
Computer Equipment
Stocks 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 costs and an appropriate proportion of fixed and variable overheads.
|
33,600
33,600
31,605
403
Charge for year
32,008
1,592
1,995
Allotted called up and fully paid
|
2015
2014
100
,
000
Class A shares of £
1
.
00
each
|
100,000
100,000
100,000
100,000
3 of 3