Haljon Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02572662 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2016

for

Haljon Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A J Halewood

SECRETARY:

Miss A J Halewood

REGISTERED OFFICE:

1 Mortimer Street

Birkenhead

Merseyside

CH41 5EU

REGISTERED NUMBER:

02572662 (England and Wales)

ACCOUNTANTS:

Lerman Quaile

1 Mortimer Street

Birkenhead

Merseyside

CH41 5EU

FIXED ASSETS

Tangible assets

2

16,632

19,732

Investment property

3

302,671

319,303

322,403

CURRENT ASSETS

Stocks

3,500

5,000

Cash at bank

12,134

11,892

15,634

16,892

CREDITORS

Amounts falling due within one year

139,022

135,847

NET CURRENT LIABILITIES

(123,388

)

(118,955

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

195,915

203,448

CREDITORS

Amounts falling due after more than one
year

4

155,685

NET ASSETS

40,230

47,763

CAPITAL AND RESERVES

Called up share capital

5

100

Profit and loss account

40,130

47,663

SHAREHOLDERS' FUNDS

40,230

47,763

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 12 December 2016 and were signed by:

A J Halewood - 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.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

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 April 2015

and 31 March 2016

131,822

DEPRECIATION

At 1 April 2015

112,090

Charge for year

3,100

At 31 March 2016

115,190

NET BOOK VALUE

At 31 March 2016

16,632

At 31 March 2015

19,732

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2015

and 31 March 2016

302,671

NET BOOK VALUE

At 31 March 2016

302,671

At 31 March 2015

302,671

4.

CREDITORS

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

31.3.16

31.3.15

£

Repayable by instalments

155,685

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

£1

100