HAWKSTONE_BUILDERS_LTD - Accounts

HAWKSTONE BUILDERS LTD - Company Information

Print Friendly Version

Company Registration No. 07129672 (England and Wales)

HAWKSTONE BUILDERS LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

HAWKSTONE BUILDERS LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

HAWKSTONE BUILDERS LTD

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

21,433

18,832

Current assets

Debtors

98,645

42,563

Cash at bank and in hand

5,863

6,198

104,508

48,761

Creditors: amounts falling due within one year

(120,681)

(109,870)

Net current liabilities

(16,173)

(61,109)

Total assets less current liabilities

5,260

(42,277)

Creditors: amounts falling due after more than one year

(5,763)

(2,475)

(503)

(44,752)

Capital and reserves

Called up share capital

Profit and loss account

(505)

(44,754)

Shareholders' funds

(503)

(44,752)

For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 7 July 2015

Mr Raymond Watkins

Director

Company Registration No. 07129672

HAWKSTONE BUILDERS LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 2 -

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 VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets 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:

Plant and machinery

25% reducing balance

Computer equipment

33% straight line

Fixtures, fittings & equipment

25% reducing balance

Motor vehicles

25% reducing balance

Fixed assets

Tangible assets

Cost

At 1 April 2014

48,230

Additions

9,250

At 31 March 2015

57,480

Depreciation

At 1 April 2014

29,398

Charge for the year

6,649

At 31 March 2015

36,047

Net book value

At 31 March 2015

21,433

At 31 March 2014

18,832

HAWKSTONE BUILDERS LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

2 Ordinary Shares of £1 each