Halliwick Garages Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 00568224 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2014

FOR

HALLIWICK GARAGES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs C.O. Render

D. D. Render

SECRETARY:

Mrs C.O. Render

REGISTERED OFFICE:

1308 High Road

Whetstone

London

N20 9HJ

REGISTERED NUMBER:

00568224 (England and Wales)

ACCOUNTANTS:

Sproull & Co.

Chartered Accountants

31/33 College Road

Harrow

Middlesex

HA1 1EJ

FIXED ASSETS

Tangible assets

2

17,524

17,524

CURRENT ASSETS

Debtors

19,611

14,691

Investments

819

819

Cash at bank

182,091

150,987

202,521

166,497

CREDITORS

Amounts falling due within one year

33,919

35,107

NET CURRENT ASSETS

168,602

131,390

TOTAL ASSETS LESS CURRENT LIABILITIES

186,126

148,914

CAPITAL AND RESERVES

Called up share capital

3

7,600

7,600

Revaluation reserve

12,344

12,344

Profit and loss account

166,182

128,970

SHAREHOLDERS' FUNDS

186,126

148,914

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2014 in accordance with Section 476 of the Companies Act 2006.

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 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 Board of Directors on 15th October 2014 and were signed on its behalf by:

Mrs C.O. Render - 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 the total property rental income for the year.

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

-

No depreciation is provided on buildings

Short leasehold

-

straight line over the life of the lease

No depreciation is charged on Freehold property as the depreciation charge would be immaterial given that the

estimated useful life exceeds 50 years.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2013

and 31st March 2014

18,587

DEPRECIATION

At 1st April 2013

and 31st March 2014

1,063

NET BOOK VALUE

At 31st March 2014

17,524

At 31st March 2013

17,524

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

7,600

Ordinary

£1

7,600

7,600