Hafren Investments Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02181722 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Hafren Investments Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P. D. Goacher

C. R. Cava

SECRETARY:

C. R. Cava

REGISTERED OFFICE:

21 Priory Avenue

Turnham Green

Chiswick

London

W4 1TZ

REGISTERED NUMBER:

02181722 (England and Wales)

ACCOUNTANTS:

Preston Accountants Limited

Chartered Certified Accountants

1 Carlton Parade

Preston Road

Wembley

Middlesex

HA9 8NE

FIXED ASSETS

Tangible assets

2

2,000

2,000

Investment property

3

296,788

320,091

298,788

322,091

CURRENT ASSETS

Stocks

3,494,826

3,604,470

Investments

84,003

84,003

Cash at bank

1,726,465

1,755,339

5,305,294

5,443,812

CREDITORS

Amounts falling due within one year

588,990

603,501

NET CURRENT ASSETS

4,716,304

4,840,311

TOTAL ASSETS LESS CURRENT LIABILITIES

5,015,092

5,162,402

CAPITAL AND RESERVES

Called up share capital

4

11

11

Share premium

39,996

39,996

Profit and loss account

4,975,085

5,122,395

SHAREHOLDERS' FUNDS

5,015,092

5,162,402

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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 financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 9 September 2015 and were signed on its behalf by:

P. D. Goacher - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

5% on cost

Investment property

Investment Property is shown at initial cost less accumulated depreciation. Depreciation is provided for at the

following annual rates in order to write off each asset over its estimated useful life.

Investment property - 5% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

2,000

NET BOOK VALUE

At 31 March 2015

2,000

At 31 March 2014

2,000

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2014

and 31 March 2015

466,057

DEPRECIATION

At 1 April 2014

145,966

Charge for year

23,303

At 31 March 2015

169,269

NET BOOK VALUE

At 31 March 2015

296,788

At 31 March 2014

320,091

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

11

Ordinary

1

11

11