Abbreviated Company Accounts - HART INDUSTRIAL TOOLS LIMITED

HART INDUSTRIAL TOOLS LIMITED - Company Information

Registered Number 04860072

HART INDUSTRIAL TOOLS LIMITED

Abbreviated Accounts

31 October 2014

HART INDUSTRIAL TOOLS LIMITED Registered Number 04860072

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	51,099	50,307
Investments		-	-
		51,099	50,307
Current assets
Stocks		165,928	128,730
Debtors		90,465	76,772
Investments		-	-
Cash at bank and in hand		1,458	52,775
		257,851	258,277
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(158,778)	(229,967)
Net current assets (liabilities)		99,073	28,310
Total assets less current liabilities		150,172	78,617
Creditors: amounts falling due after more than one year		(40,302)	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		109,870	78,617
Capital and reserves
Called up share capital		100	100
Share premium account		0	0
Revaluation reserve		8,000	8,000
Other reserves		0	0
Profit and loss account		101,770	70,517
Shareholders' funds		109,870	78,617

For the year ending 31 October 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 22 July 2015

And signed on their behalf by:
M Crosbie, Director
D H Crosbie, Director

HART INDUSTRIAL TOOLS LIMITED Registered Number 04860072

Notes to the Abbreviated Accounts for the period ended 31 October 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.

2Tangible fixed assets

	£
Cost
At 1 November 2013	102,232
Additions	11,850
Disposals	0
Revaluations	0
Transfers	0
At 31 October 2014	114,082
Depreciation
At 1 November 2013	51,925
Charge for the year	11,058
On disposals	0
At 31 October 2014	62,983
Net book values
At 31 October 2014	51,099
At 31 October 2013	50,307

Depreciation is charged at 25% on the reducing balance basis