Hartan Limited - Accounts to registrar (filleted) - small 17.3
Hartan Limited - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2017 |
| FOR |
| HARTAN LIMITED |
| HARTAN LIMITED (REGISTERED NUMBER: 04083020) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST DECEMBER 2017 |
| Page |
| Company Information | 1 |
| Abridged Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| HARTAN LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST DECEMBER 2017 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| First Floor |
| 49 High Street |
| Hucknall |
| Nottinghamshire |
| NG15 7AW |
| HARTAN LIMITED (REGISTERED NUMBER: 04083020) |
| ABRIDGED BALANCE SHEET |
| 31ST DECEMBER 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| 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. |
| HARTAN LIMITED (REGISTERED NUMBER: 04083020) |
| ABRIDGED BALANCE SHEET - continued |
| 31ST DECEMBER 2017 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| HARTAN LIMITED (REGISTERED NUMBER: 04083020) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST DECEMBER 2017 |
| 1. | STATUTORY INFORMATION |
| Hartan Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net invoiced sales of goods and services, excluding value added tax. The Companies |
| contractual obligations are performed gradually over time and revenue is recognised as activity progresses to |
| reflect the Companies partial performance of its contractual obligations. |
| Goodwill |
| Goodwill, being the amount paid in connection with the acquisition of a businesses in 2005, 2008 and 2009 is |
| being amortised evenly over its estimated useful life of five years. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less |
| any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Improvements to property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Stocks |
| Stocks have been valued at the lower of cost and estimated selling price less costs to sell, after making due |
| allowance for obsolete and slow moving items. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
| the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
| those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
| have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
| timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
| will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| HARTAN LIMITED (REGISTERED NUMBER: 04083020) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST DECEMBER 2017 |
| 2. | ACCOUNTING POLICIES - continued |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
| under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
| are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element |
| of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
| lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST |
| At 1st January 2017 |
| and 31st December 2017 |
| AMORTISATION |
| At 1st January 2017 |
| and 31st December 2017 |
| NET BOOK VALUE |
| At 31st December 2017 |
| At 31st December 2016 |
| HARTAN LIMITED (REGISTERED NUMBER: 04083020) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST DECEMBER 2017 |
| 5. | TANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST |
| At 1st January 2017 |
| Additions |
| Disposals | ( |
) |
| At 31st December 2017 |
| DEPRECIATION |
| At 1st January 2017 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31st December 2017 |
| NET BOOK VALUE |
| At 31st December 2017 |
| At 31st December 2016 |
| Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as |
| follows: |
| Totals |
| £ |
| COST |
| At 1st January 2017 | 57,833 |
| Additions | 64,922 |
| At 31st December 2017 | 122,755 |
| DEPRECIATION |
| At 1st January 2017 | 28,014 |
| Charge for year | 31,144 |
| At 31st December 2017 | 59,158 |
| NET BOOK VALUE |
| At 31st December 2017 | 63,597 |
| At 31st December 2016 | 29,819 |
| 6. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2017 | 2016 |
| £ | £ |
| Bank overdrafts |
| A debenture was signed to secure all liabilities to National Westminster Bank PLC. This includes a cross |
| company unlimited guarantee between the group members of GW1114 Limited, Hartan Limited, Midland |
| Restorations (UK) Limited, and Midlands Response Limited. |
| HARTAN LIMITED (REGISTERED NUMBER: 04083020) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST DECEMBER 2017 |
| 7. | OTHER FINANCIAL COMMITMENTS |
| The total amount of commitments, guarantees and contingencies is £94,584. |
| 8. | CONTROLLING PARTY INTEREST |
| GW1114 Limited wholly owns Hartan Limited. GW1114 Limited's registered office is First Floor, 49 High |
| Street, Hucknall NG15 7AW. It's Principal place of business is Central House, Lanthwaite Road, Clifton |
| NG118LD. |