| HARBOUR AVENUE LIMITED |
| Registered number: |
06825056 |
| Abbreviated Balance Sheet |
| as at 31 December 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
107,586 |
|
|
3,233 |
|
| Current assets |
| Stocks |
|
|
29,955 |
|
|
11,668 |
| Debtors |
|
|
22,616 |
|
|
179,901 |
| Cash at bank and in hand |
|
|
488 |
|
|
706 |
|
|
|
53,059 |
|
|
192,275 |
|
| Creditors: amounts falling due within one year |
|
|
(219,987) |
|
|
(387,335) |
|
| Net current liabilities |
|
|
|
(166,928) |
|
|
(195,060) |
|
| Net liabilities |
|
|
|
(59,342) |
|
|
(191,827) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(59,442) |
|
|
(191,927) |
|
| Shareholder's funds |
|
|
|
(59,342) |
|
|
(191,827) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| C Parsonage |
| Director |
| Approved by the board on 11 August 2015 |
|
| HARBOUR AVENUE LIMITED |
| Notes to the Abbreviated Accounts |
| for the year ended 31 December 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
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. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% reducing balance |
|
|
Stocks |
|
Stocks and work in progress are valued at the lower of cost and net realisable value. Work in progress is valued on the basis of direct costs plus attributable overheads. Provision is made for any foreseeable losses where appropriate. No element of profit is included in work in progress. Interest and finance charges are capitalised within work in progress where funds borrowed relate specifically to a construction project. Capitalisation of interest and finance charges ceases when development work is finished or where no development activity is taking place. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2014 |
5,232 |
|
Additions |
105,000 |
|
At 31 December 2014 |
110,232 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2014 |
1,999 |
|
Charge for the year |
647 |
|
At 31 December 2014 |
2,646 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2014 |
107,586 |
|
At 31 December 2013 |
3,233 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
