HARVEY_&_HUGO_LTD - Accounts
HARVEY_&_HUGO_LTD - Accounts
Company Registration No. 07004092 (England and Wales)
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2015
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
31 AUGUST 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(26,164 )
(25,795 )
Net current assets
Total assets less current liabilities
Provisions for liabilities
(1,593 )
(556 )
8,666
6,443
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
Director's responsibilities:
-
-
Approved by the Board for issue on 1 October 2015
Director
Company Registration No. 07004092
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
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
1.4
Tangible fixed assets and depreciation
Website
Computer equipment
Fixtures, fittings and equipment
1.5
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.
2
Fixed assets
Tangible assets
£
Cost
At 1 September 2014
11,923
Additions
6,677
At 31 August 2015
18,600
Depreciation
At 1 September 2014
8,813
Charge for the year
1,823
At 31 August 2015
10,636
Net book value
At 31 August 2015
7,964
At 31 August 2014
3,110
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2015
- 3 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
4
Related party relationships and transactions
At 1 September 2014 the company owed Miss C Nichols, the director, £11,364 by way of an interest free loan. At 31 August 2015 the amount owed by the company had increased to £16,398.