Hartan Limited - Limited company - abbreviated - 11.6

Hartan Limited - Limited company - abbreviated - 11.6


04083020 1.1.14 31.12.14 31.12.14 Company accounts Private Limited Company FY true false true false false true false "A"Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure040830202013-12-31040830202014-12-31040830202014-01-012014-12-31040830202012-12-31040830202013-01-012013-12-31040830202013-12-3104083020ns12:England2014-01-012014-12-3104083020ns14:PoundSterling2014-01-012014-12-3104083020ns7:Director12014-01-012014-12-3104083020ns7:Director22014-01-012014-12-3104083020ns7:OrdinaryShareClass12014-01-012014-12-3104083020ns7:CompanySecretary2014-01-012014-12-3104083020ns7:RegisteredOffice2014-01-012014-12-3104083020ns7:EntityAccountantsOrAuditors2014-01-012014-12-3104083020ns5:NetGoodwill2014-01-012014-12-3104083020ns5:PatentsConcessionsLicencesTradeMarksSimilar2014-01-012014-12-3104083020ns5:ImprovementsOrDevelopmentAssets2014-01-012014-12-3104083020ns5:PlantMachinery2014-01-012014-12-3104083020ns5:FixturesFittings2014-01-012014-12-3104083020ns5:MotorVehicles2014-01-012014-12-3104083020ns7:OrdinaryShareClass12014-12-3104083020ns7:OrdinaryShareClass12013-12-31
REGISTERED NUMBER: 04083020 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2014

FOR

HARTAN LIMITED

HARTAN LIMITED (REGISTERED NUMBER: 04083020)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

HARTAN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2014







DIRECTORS: R Harris
N C Barlow





SECRETARY: N C Barlow





REGISTERED OFFICE: 1st Floor
49 High Street
Hucknall
Nottinghamshire
NG15 7AW





REGISTERED NUMBER: 04083020 (England and Wales)





ACCOUNTANTS: Elkingtons Accountants Limited
First Floor
49 High Street
Hucknall
Nottinghamshire
NG15 7AW

HARTAN LIMITED (REGISTERED NUMBER: 04083020)

ABBREVIATED BALANCE SHEET
31ST DECEMBER 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 32 168,673
Tangible assets 3 193,009 219,241
193,041 387,914

CURRENT ASSETS
Stocks 54,999 133,304
Debtors 378,900 554,914
Cash in hand 227 592
434,126 688,810
CREDITORS
Amounts falling due within one year 4 641,704 985,051
NET CURRENT LIABILITIES (207,578 ) (296,241 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(14,537
)
91,673

CREDITORS
Amounts falling due after more than one year 4 (26,899 ) (22,553 )

PROVISIONS FOR LIABILITIES (14,080 ) (20,686 )
NET (LIABILITIES)/ASSETS (55,516 ) 48,434

CAPITAL AND RESERVES
Called up share capital 5 3 3
Profit and loss account (55,519 ) 48,431
SHAREHOLDERS' FUNDS (55,516 ) 48,434

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2014 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.

HARTAN LIMITED (REGISTERED NUMBER: 04083020)

ABBREVIATED BALANCE SHEET - continued
31ST DECEMBER 2014


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 25th March 2015 and were signed on its behalf by:




R Harris - Director



N C Barlow - Director


HARTAN LIMITED (REGISTERED NUMBER: 04083020)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2014

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The accounts have been prepared on a going concern basis the validity of which is dependent on the continuing
support of the company's directors and bankers.

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).

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax. The Companies
contractual obligations are performed gradually over time and revenue is recognised as activity progresses to
reflect the Companies partial performance of its contractual obligations.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a businesses in 2005, 2008 and 2009 is
being amortised evenly over its estimated useful life of five years.

Intangible fixed assets
Intangible fixed assets consisted of monies paid in respect of franchise licences in connection with the company's
trading activities. The assets have been written off in full during the year due to the directors' belief that they no
longer have any commercial value.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property - 33% on cost
Plant and machinery - 33% on cost and 20% on reducing balance
Fixtures and fittings - 33% on cost and 20% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The
capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

HARTAN LIMITED (REGISTERED NUMBER: 04083020)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2014

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1st January 2014 192,430
Disposals (168,391 )
At 31st December 2014 24,039
AMORTISATION
At 1st January 2014 23,757
Amortisation for year 250
At 31st December 2014 24,007
NET BOOK VALUE

At 31st December 2014 32
At 31st December 2013 168,673

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st January 2014 629,619
Additions 42,496
Disposals (25,440 )
At 31st December 2014 646,675
DEPRECIATION
At 1st January 2014 410,378
Charge for year 64,587
Eliminated on disposal (21,299 )
At 31st December 2014 453,666
NET BOOK VALUE
At 31st December 2014 193,009
At 31st December 2013 219,241

4. CREDITORS

Creditors include an amount of £ 218,927 (2013 - £ 248,263 ) for which security has been given.

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
3 "A"Ordinary £1.00 3 3

HARTAN LIMITED (REGISTERED NUMBER: 04083020)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2014

6. ULTIMATE PARENT COMPANY

GW 1114 Limited is the ultimate controlling party by virtue of its 100% holding of the issued and allotted share
capital.

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The company occupies premises owned in part by the directors. Mr R Harris and Mr N Barlow share a one third
stake in the property which entitles them to £10,000 of rental income, all of which had been paid by the balance
sheet date.

8. CONTROLLING PARTY INTEREST

The directors, Mr R Harris and Mr N Barlow, each own a 50% interest in the equity of GW 1114 Limited.