Company Registration No. 06357016 (England and Wales)
ARGYLE HOUSE HOLDINGS LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2015
Evolution Business and Tax Advisors LLP
Wynyard Park House
Wynyard Avenue
Wynyard
TS22 5TB
ARGYLE HOUSE HOLDINGS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 4
ARGYLE HOUSE HOLDINGS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 AUGUST 2015
31 August 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Intangible assets
2
148,750
170,000
Tangible assets
2
690,504
692,062
839,254
862,062
Current assets
Stocks
12,000
12,000
Debtors
186,314
79,812
Cash at bank and in hand
583,737
505,199
782,051
597,011
Creditors: amounts falling due within one year
(243,689)
(211,453)
Net current assets
538,362
385,558
Total assets less current liabilities
1,377,616
1,247,620
Creditors: amounts falling due after more than one year
(561,111)
(564,444)
Provisions for liabilities
(10,645)
(10,397)
Accruals and deferred income
(122)
(143)
805,738
672,636
Capital and reserves
Called up share capital
3
20
20
Share premium account
138,103
138,103
Profit and loss account
667,615
534,513
Shareholders' funds
805,738
672,636
ARGYLE HOUSE HOLDINGS LIMITED
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
31 AUGUST 2015
31 August 2015
- 2 -
For the financial year ended 31 August 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the 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 accounts, so far as applicable to the company.
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the Board for issue on 29 April 2016
Mr C Johnson
Director
Company Registration No. 06357016
ARGYLE HOUSE HOLDINGS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2015
- 3 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services, net of discounts.
1.4
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 14 years .
of 14 years
.
1.5
Tangible fixed assets and depreciation
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings freehold
nil
Fixtures, fittings and equipment
15% reducing balance / 3 years straight line
Motor vehicles
25% reducing balance
1.6
Pensions
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.
ARGYLE HOUSE HOLDINGS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2015
- 4 -
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 September 2014
297,500
833,247
1,130,747
Additions
-
18,379
18,379
At 31 August 2015
297,500
851,626
1,149,126
Depreciation
At 1 September 2014
127,500
141,185
268,685
Charge for the year
21,250
19,937
41,187
At 31 August 2015
148,750
161,122
309,872
Net book value
At 31 August 2015
148,750
690,504
839,254
At 31 August 2014
170,000
692,062
862,062
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
20 ordinary shares of £1 each
20
20