Harbil Limited - Limited company - abbreviated - 11.9

Harbil Limited - Limited company - abbreviated - 11.9

HARBIL LIMITED - Company Information

Print Friendly Version

04362368 1.4.14 31.3.15 31.3.15 Company accounts Private Limited Company FY true false true false false true false Ordinary "A" 1.00000 Ordinary "B" 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure043623682014-03-31043623682015-03-31043623682014-04-012015-03-31043623682013-03-31043623682013-04-012014-03-31043623682014-03-3104362368ns12:England2014-04-012015-03-3104362368ns14:PoundSterling2014-04-012015-03-3104362368ns7:Director12014-04-012015-03-3104362368ns7:Director22014-04-012015-03-3104362368ns7:OrdinaryShareClass12014-04-012015-03-3104362368ns7:OrdinaryShareClass22014-04-012015-03-3104362368ns7:CompanySecretary2014-04-012015-03-3104362368ns7:RegisteredOffice2014-04-012015-03-3104362368ns7:EntityAccountantsOrAuditors2014-04-012015-03-3104362368ns5:FixturesFittings2014-04-012015-03-3104362368ns5:ComputerEquipment2014-04-012015-03-3104362368ns7:OrdinaryShareClass12015-03-3104362368ns7:OrdinaryShareClass12014-03-3104362368ns7:OrdinaryShareClass22015-03-3104362368ns7:OrdinaryShareClass22014-03-31
REGISTERED NUMBER: 04362368 (England and Wales)














Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Harbil Limited

Harbil Limited (Registered number: 04362368)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Harbil Limited

Company Information
for the Year Ended 31 March 2015







DIRECTORS: M R Mitchell
Mrs A J Mitchell





SECRETARY: Mrs A J Mitchell





REGISTERED OFFICE: 14a Albany Road
Weymouth
Dorset
DT4 9TH





REGISTERED NUMBER: 04362368 (England and Wales)





ACCOUNTANTS: Advoco
Chartered Certified Accountants
Chartered Tax Advisers
14a Albany Road
Weymouth
Dorset
DT4 9TH
Page 1
Harbil Limited (Registered number: 04362368)

Abbreviated Balance Sheet
31 March 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 38,212 40,760
Tangible assets 3 8,758 9,825
46,970 50,585

CURRENT ASSETS
Stocks 1,900 2,000
Debtors 1,000 -
Cash at bank and in hand 5,046 7,147
7,946 9,147
CREDITORS
Amounts falling due within one year 13,061 13,412
NET CURRENT LIABILITIES (5,115 ) (4,265 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
41,855
46,320

PROVISIONS FOR LIABILITIES 1,243 1,578
NET ASSETS 40,612 44,742

CAPITAL AND RESERVES
Called up share capital 4 2,000 2,000
Profit and loss account 38,612 42,742
SHAREHOLDERS' FUNDS 40,612 44,742

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 notes form part of these abbreviated accounts

Page 2 continued...
Harbil Limited (Registered number: 04362368)

Abbreviated Balance Sheet - continued
31 March 2015


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 11 December 2015 and were
signed on its behalf by:




M R Mitchell - Director



Mrs A J Mitchell - Director


The notes form part of these abbreviated accounts

Page 3
Harbil Limited (Registered number: 04362368)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2015

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).

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

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

Equipment - 15% on reducing balance
Computer equipment - 33% on reducing balance

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

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

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014
and 31 March 2015 50,952
AMORTISATION
At 1 April 2014 10,192
Amortisation for year 2,548
At 31 March 2015 12,740
NET BOOK VALUE

At 31 March 2015 38,212
At 31 March 2014 40,760

Page 4 continued...
Harbil Limited (Registered number: 04362368)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014 31,666
Additions 608
At 31 March 2015 32,274
DEPRECIATION
At 1 April 2014 21,841
Charge for year 1,675
At 31 March 2015 23,516
NET BOOK VALUE
At 31 March 2015 8,758
At 31 March 2014 9,825

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
1,000 Ordinary "A" £1.00 1,000 1,000
1,000 Ordinary "B" £1.00 1,000 1,000
2,000 2,000

Page 5