Abbreviated Company Accounts - HVO SEARCH LTD

Abbreviated Company Accounts - HVO SEARCH LTD


Registered Number 08202366

HVO SEARCH LTD

Abbreviated Accounts

30 September 2014

HVO SEARCH LTD Registered Number 08202366

Abbreviated Balance Sheet as at 30 September 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 2,216 2,125
2,216 2,125
Current assets
Debtors - 280
Cash at bank and in hand 75,900 29,944
75,900 30,224
Creditors: amounts falling due within one year (26,710) (16,295)
Net current assets (liabilities) 49,190 13,929
Total assets less current liabilities 51,406 16,054
Provisions for liabilities (445) (425)
Total net assets (liabilities) 50,961 15,629
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 50,861 15,529
Shareholders' funds 50,961 15,629
  • For the year ending 30 September 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 6 February 2015

And signed on their behalf by:
M Hvorostovsky, Director

HVO SEARCH LTD Registered Number 08202366

Notes to the Abbreviated Accounts for the period ended 30 September 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Office equipment 20% straight line

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

2Tangible fixed assets
£
Cost
At 1 October 2013 2,609
Additions 803
Disposals -
Revaluations -
Transfers -
At 30 September 2014 3,412
Depreciation
At 1 October 2013 484
Charge for the year 712
On disposals -
At 30 September 2014 1,196
Net book values
At 30 September 2014 2,216
At 30 September 2013 2,125
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100