Abbreviated Company Accounts - HOME SHARED OWNERSHIP LIMITED

Abbreviated Company Accounts - HOME SHARED OWNERSHIP LIMITED


Registered Number 04839163

HOME SHARED OWNERSHIP LIMITED

Abbreviated Accounts

31 December 2015

HOME SHARED OWNERSHIP LIMITED Registered Number 04839163

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Current assets
Debtors 69,036 13,059
Cash at bank and in hand - 1
69,036 13,060
Creditors: amounts falling due within one year (222,409) (166,464)
Net current assets (liabilities) (153,373) (153,404)
Total assets less current liabilities (153,373) (153,404)
Total net assets (liabilities) (153,373) (153,404)
Capital and reserves
Called up share capital 2 1 1
Profit and loss account (153,374) (153,405)
Shareholders' funds (153,373) (153,404)
  • For the year ending 31 December 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 30 September 2016

And signed on their behalf by:
M D Stott, Director

HOME SHARED OWNERSHIP LIMITED Registered Number 04839163

Notes to the Abbreviated Accounts for the period ended 31 December 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.

The Company generated a profit of £31 for the year ended 31 December 2015 (31 December 2014: £275 loss) and had net liabilities of £153,373 (31 December 2014: £153,404) at that date. The Company is dependent on the continued support of related parties by way of intercompany loans. On this basis, the Directors consider it appropriate to prepare the financial statements on a going concern basis. These financial statements do not include any adjustments that would be necessary if this support was withdrawn.

2Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
1 Ordinary share of £1 each 1 1