Abbreviated Company Accounts - HEMLON DEVELOPMENTS LTD

Abbreviated Company Accounts - HEMLON DEVELOPMENTS LTD

HEMLON DEVELOPMENTS LTD - Company Information

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Registered Number 04410130

HEMLON DEVELOPMENTS LTD

Abbreviated Accounts

30 April 2016

HEMLON DEVELOPMENTS LTD Registered Number 04410130

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 444,882 449,039
444,882 449,039
Current assets
Stocks 142,657 139,885
Debtors 2,169 2,681
Cash at bank and in hand 474 1,244
145,300 143,810
Creditors: amounts falling due within one year (434,802) (409,798)
Net current assets (liabilities) (289,502) (265,988)
Total assets less current liabilities 155,380 183,051
Total net assets (liabilities) 155,380 183,051
Capital and reserves
Called up share capital 2 2
Revaluation reserve 243,200 243,200
Profit and loss account (87,822) (60,151)
Shareholders' funds 155,380 183,051
  • For the year ending 30 April 2016 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 27 January 2017

And signed on their behalf by:
Mrs R Horn, Director

HEMLON DEVELOPMENTS LTD Registered Number 04410130

Notes to the Abbreviated Accounts for the period ended 30 April 2016

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.

Turnover policy
Turnover represents the value of sales in the year, exclusive of value added tax.

Tangible assets depreciation policy
Depreciation is provided on plant and equipment at an annual rate of 25% on a reducing balance basis. No depreciation is charged on land and buildings.

2Tangible fixed assets
£
Cost
At 1 May 2015 466,587
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2016 466,587
Depreciation
At 1 May 2015 17,548
Charge for the year 4,157
On disposals -
At 30 April 2016 21,705
Net book values
At 30 April 2016 444,882
At 30 April 2015 449,039