Dealhart Limited - Abbreviated accounts 16.1
Dealhart Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| DEALHART LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2016 |
| DEALHART LIMITED (REGISTERED NUMBER: 04369328) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST MARCH 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| DEALHART LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST MARCH 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| DEALHART LIMITED (REGISTERED NUMBER: 04369328) |
| ABBREVIATED BALANCE SHEET |
| 31ST MARCH 2016 |
| 31.3.16 | 31.3.15 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 2 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on by: |
| DEALHART LIMITED (REGISTERED NUMBER: 04369328) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST MARCH 2016 |
| 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 rents and service charges receivable by the company. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Investment property |
| Investment properties are shown at their open market value. The surplus or deficit arising from the annual |
| revaluation is transferred to the investment revaluation reserves unless a deficit or its reversal on an individual |
| investment property is expected to be permanent, in which case it is recognised in the profit and loss account for |
| the year. |
| This is in accordance with the FRSSE which, unlike Schedule 4 to the Companies Act 1985, does not require |
| depreciation of investment properties. Investment properties are held for their investment potential and not for |
| use by the company and so their current value is of prime importance. The departure from the provisions of the |
| Act is required in order to give a true and fair view. |
| 2. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.16 | 31.3.15 |
| value: | £ | £ |
| Ordinary shares | £1 |
| 3. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| At the balance sheet date, the companies owes the director £19,725 (2015 - £5,163). Other debtors of £659,998 |
| (2015 : £116,098) represent amounts owed by companies in which, the directors have material interests. |