Deonhart Limited - Limited company - abbreviated - 11.0.0

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

Deonhart Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs B M Smith

SECRETARY:

Miss N H Smith

REGISTERED OFFICE:

38/39 Bucklersbury

Hitchin

Hertfordshire

SG5 1BG

REGISTERED NUMBER:

01232924 (England and Wales)

ACCOUNTANTS:

Chancellers LLP

38/39 Bucklersbury

Hitchin

Hertfordshire

SG5 1BG

FIXED ASSETS

28,792

Tangible assets

2

27,248

CURRENT ASSETS

2,500

Inventories

2,500

-

Debtors

3,159

1,588

Cash at bank and in hand

4,041

4,088

9,700

CREDITORS

1,372

Amounts falling due within one year

2,163

2,716

NET CURRENT ASSETS

7,537

31,508

TOTAL ASSETS LESS CURRENT LIABILITIES

34,785

CREDITORS

31,742

Amounts falling due after more than one year

27,422

(234

)

NET ASSETS/(LIABILITIES)

7,363

CAPITAL AND RESERVES

100

Called up share capital

3

100

(334

)

Profit and loss account

7,263

(234

)

SHAREHOLDERS' FUNDS

7,363

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 18 September 2014 and were signed by:

Mrs B M Smith - 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, 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.

Freehold property

-

2% on cost

Improvements to property

-

2% on cost

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Inventories

Inventories are valued at the lower of cost and net realisable value, after making 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

61,217

Additions

349

At 31 December 2013

61,566

DEPRECIATION

At 1 January 2013

32,425

Charge for year

1,893

At 31 December 2013

34,318

NET BOOK VALUE

At 31 December 2013

27,248

At 31 December 2012

28,792

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

100

Ordinary

£1

100

100