Abbreviated Company Accounts - HUDSON FUGGLE LIMITED

Abbreviated Company Accounts - HUDSON FUGGLE LIMITED


Registered Number 03912072

HUDSON FUGGLE LIMITED

Abbreviated Accounts

31 March 2014

HUDSON FUGGLE LIMITED Registered Number 03912072

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 28,760 35,148
28,760 35,148
Current assets
Debtors 167,476 236,825
Cash at bank and in hand 106,352 66,418
273,828 303,243
Creditors: amounts falling due within one year (126,668) (114,243)
Net current assets (liabilities) 147,160 189,000
Total assets less current liabilities 175,920 224,148
Total net assets (liabilities) 175,920 224,148
Capital and reserves
Called up share capital 3 400 400
Profit and loss account 175,520 223,748
Shareholders' funds 175,920 224,148
  • For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 3 September 2014

And signed on their behalf by:
Ian Fuggle, Director

HUDSON FUGGLE LIMITED Registered Number 03912072

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 25% straight line

Other accounting policies
Pensions
The pension costs charged in the financial statements represent the contribution payable by the
company during the year.
The regular cost of providing retirement pensions and related benefits is charged to the profit and loss account over the employees' service lives on the basis of a constant percentage of earnings.

2Tangible fixed assets
£
Cost
At 1 April 2013 134,171
Additions 3,915
Disposals -
Revaluations -
Transfers -
At 31 March 2014 138,086
Depreciation
At 1 April 2013 99,023
Charge for the year 10,303
On disposals -
At 31 March 2014 109,326
Net book values
At 31 March 2014 28,760
At 31 March 2013 35,148
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100
100 A Ordinary shares of £1 each 100 100
100 B Ordinary shares of £1 each 100 100
100 C Ordinary shares of £1 each 100 100