Hart Mobility Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07779154 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

HART MOBILITY LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R Hart

Mrs C L Hart

SECRETARY:

Mrs C L Hart

REGISTERED OFFICE:

1 Camborne Grove

Lyde Road

Yeovil

Somerset

BA21 5DG

REGISTERED NUMBER:

07779154 (England and Wales)

ACCOUNTANTS:

Evans & Co

Manchester House

High Street

Stalbridge

Sturminster Newton

Dorset

DT10 2LL

FIXED ASSETS

Tangible assets

2

215,079

217,027

CURRENT ASSETS

Stocks

25,000

Debtors

10,436

4,403

Cash at bank

138,661

101,736

174,097

131,139

CREDITORS

Amounts falling due within one year

233,928

200,536

NET CURRENT LIABILITIES

(59,831

)

(69,397

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

155,248

147,630

CREDITORS

Amounts falling due after more than one
year

3

(113,981

)

(120,870

)

PROVISIONS FOR LIABILITIES

(2,208

)

(2,597

)

NET ASSETS

39,059

24,163

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

39,057

24,161

SHAREHOLDERS' FUNDS

39,059

24,163

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 24 June 2016 and were signed on its behalf by:

R Hart - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, 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.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

15% 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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

219,473

DEPRECIATION

At 1 October 2014

2,446

Charge for year

1,948

At 30 September 2015

4,394

NET BOOK VALUE

At 30 September 2015

215,079

At 30 September 2014

217,027

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

2015

2014

£

Repayable by instalments

113,981

120,870

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

Ordinary

£1

2

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The director has a loan account with the company and was owed £197,863 (2014: £171,005) at the year end, the

balance is shown within creditors. No interest is charged on the loan and there is no set repayment date.