Hague Developments Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06151599 (England and Wales)

Abbreviated Unaudited Accounts For The Year Ended 31st March 2014

for

Hague Developments Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr P A Hague

Mrs C R Hague

Mr M P Hague

SECRETARY:

Mrs C R Hague

REGISTERED OFFICE:

58 Thorpe Road

Norwich

Norfolk

NR1 1RY

REGISTERED NUMBER:

06151599 (England and Wales)

ACCOUNTANTS:

Aston Shaw Ltd

58 Thorpe Road

Norwich

Norfolk

NR1 1RY

FIXED ASSETS

Tangible assets

2

634

845

CURRENT ASSETS

Stocks

1,601

1,601

Debtors

132

132

Cash at bank

43

34

1,776

1,767

CREDITORS

Amounts falling due within one year

32,085

31,786

NET CURRENT LIABILITIES

(30,309

)

(30,019

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(29,675

)

(29,174

)

CAPITAL AND RESERVES

Called up share capital

3

401

400

Profit and loss account

(30,076

)

(29,574

)

SHAREHOLDERS' FUNDS

(29,675

)

(29,174

)

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 26th November 2014 and were signed on its behalf by:

Mr P A Hague - 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).

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

-

25% on reducing balance

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.

Going concern

These financial statements have been prepared on the going concern basis. The Directors consider this basis to be

appropriate but have not assessed a period in excess of 12 months from the date of approving accounts.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2013

and 31st March 2014

2,005

DEPRECIATION

At 1st April 2013

1,160

Charge for year

211

At 31st March 2014

1,371

NET BOOK VALUE

At 31st March 2014

634

At 31st March 2013

845

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/14

31/3/13

value:

£

£

401

Ordinary

£1

401

400

(31/3/13 - 400 )

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

An Interest-free loan was provided in the year by Mr P Hague £31,900 (2013: £31,601)

5.	ULTIMATE CONTROLLING PARTY

The Ultimate Controlling Parties during this period and the preceding period were Mr P Hague, Mrs C Hague, Mr M

Hage and Mrs A Hague by way of their shareholdings