Abbreviated Company Accounts - HART INDUSTRIAL TOOLS LIMITED

HART INDUSTRIAL TOOLS LIMITED - Company Information

Registered Number 04860072

HART INDUSTRIAL TOOLS LIMITED

Abbreviated Accounts

31 October 2015

HART INDUSTRIAL TOOLS LIMITED Registered Number 04860072

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	39,763	51,099
Investments		-	-
		39,763	51,099
Current assets
Stocks		203,325	165,928
Debtors		115,321	90,465
Investments		-	-
Cash at bank and in hand		2,502	1,458
		321,148	257,851
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(160,729)	(158,778)
Net current assets (liabilities)		160,419	99,073
Total assets less current liabilities		200,182	150,172
Creditors: amounts falling due after more than one year		(34,402)	(40,302)
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		165,780	109,870
Capital and reserves
Called up share capital		100	100
Share premium account		0	0
Revaluation reserve		8,000	8,000
Other reserves		0	0
Profit and loss account		157,680	101,770
Shareholders' funds		165,780	109,870

For the year ending 31 October 2015 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 8 July 2016

And signed on their behalf by:
M Crosbie, Director
D H Crosbie, Director

HART INDUSTRIAL TOOLS LIMITED Registered Number 04860072

Notes to the Abbreviated Accounts for the period ended 31 October 2015

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.

2Tangible fixed assets

	£
Cost
At 1 November 2014	114,082
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 31 October 2015	114,082
Depreciation
At 1 November 2014	62,983
Charge for the year	11,336
On disposals	0
At 31 October 2015	74,319
Net book values
At 31 October 2015	39,763
At 31 October 2014	51,099