Hartleigh Restoration Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05674334

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Hartleigh Restoration Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P T Gillies

Mrs F S Gillies

SECRETARY:

P T Gillies

REGISTERED OFFICE:

Hartleigh Barton

Petrockstowe

Okehampton

Devon

EX20 3QJ

REGISTERED NUMBER:

05674334

ACCOUNTANTS:

Kirk Hills Chartered Accountants

5 Barnfield Crescent

Exeter

Devon

EX1 1QT

FIXED ASSETS

Tangible assets

2

2,394

2,394

CURRENT ASSETS

Stocks

765,037

543,490

Debtors

20,840

15,163

Cash at bank

3,826

5,661

789,703

564,314

CREDITORS

Amounts falling due within one year

460,667

228,827

NET CURRENT ASSETS

329,036

335,487

TOTAL ASSETS LESS CURRENT LIABILITIES

331,430

337,881

CREDITORS

Amounts falling due after more than one year

295,848

313,887

NET ASSETS

35,582

23,994

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

35,482

23,894

SHAREHOLDERS' FUNDS

35,582

23,994

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 29 December 2015 and were signed on its behalf by:

P T Gillies - 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).

Turnover

Turnover represents net invoiced sales of goods and services, 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.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

7,585

DEPRECIATION

At 1 April 2014

and 31 March 2015

5,191

NET BOOK VALUE

At 31 March 2015

2,394

At 31 March 2014

2,394

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

1

100

100