HIGH ROAD AUCTIONS LIMITED Accounts filed on 31-03-2014

HIGH ROAD AUCTIONS LIMITED - Company Information

false true true true 2013-04-01 2014-03-31 2014-03-31 true 07387379 2013-04-01 2014-03-31 07387379 2012-04-01 2013-03-31 07387379 2014-03-31 07387379 2013-03-31 07387379 2013-03-31 07387379 2012-03-31 07387379 uk-bus:Director1 2013-04-01 2014-03-31 07387379 uk-bus:Director1 2013-04-01 07387379 uk-bus:Director1 2014-03-31 07387379 uk-bus:Director2 2013-04-01 2014-03-31 07387379 uk-bus:Director2 2013-04-01 07387379 uk-bus:Director2 2014-03-31 07387379 uk-bus:Director3 2013-04-01 2014-03-31 07387379 uk-bus:Director3 2013-04-01 07387379 uk-bus:Director3 2014-03-31 07387379 uk-bus:CompanySecretary 2013-04-01 2014-03-31 07387379 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2013-04-01 2014-03-31 07387379 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2012-04-01 2013-03-31 07387379 uk-gaap:LeasedTangibleFixedAssets 2013-04-01 2014-03-31 07387379 uk-gaap:LeasedTangibleFixedAssets 2012-04-01 2013-03-31 07387379 uk-gaap:NetGoodwill 2013-04-01 2014-03-31 07387379 uk-gaap:NetGoodwill 2012-04-01 2013-03-31 07387379 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-04-01 2014-03-31 07387379 uk-gaap:IntangibleAssetsOtherThanGoodwill 2012-04-01 2013-03-31 07387379 uk-bus:AllEntityOfficers 2013-04-01 2014-03-31 07387379 uk-bus:AllEntityOfficers 2012-04-01 2013-03-31 07387379 uk-bus:AllOrdinaryShares 2013-04-01 2014-03-31 07387379 uk-bus:AllOrdinaryShares 2014-03-31 07387379 uk-bus:AllOrdinaryShares 2012-04-01 2013-03-31 07387379 uk-bus:AllOrdinaryShares 2013-03-31 07387379 uk-bus:AllPreferenceShares 2013-04-01 2014-03-31 07387379 uk-bus:AllPreferenceShares 2014-03-31 07387379 uk-bus:AllPreferenceShares 2012-04-01 2013-03-31 07387379 uk-bus:AllPreferenceShares 2013-03-31 07387379 uk-gaap:NetGoodwill 2014-03-31 07387379 uk-gaap:NetGoodwill 2013-03-31 07387379 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-03-31 07387379 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-03-31 07387379 uk-gaap:LandBuildings 2014-03-31 07387379 uk-gaap:LandBuildings 2013-04-01 2014-03-31 07387379 uk-gaap:LandBuildings 2013-03-31 07387379 uk-gaap:PlantMachinery 2014-03-31 07387379 uk-gaap:PlantMachinery 2013-04-01 2014-03-31 07387379 uk-gaap:PlantMachinery 2013-03-31 07387379 uk-gaap:FixturesFittings 2014-03-31 07387379 uk-gaap:FixturesFittings 2013-04-01 2014-03-31 07387379 uk-gaap:FixturesFittings 2013-03-31 07387379 uk-gaap:MotorVehicles 2014-03-31 07387379 uk-gaap:MotorVehicles 2013-04-01 2014-03-31 07387379 uk-gaap:MotorVehicles 2013-03-31 07387379 uk-gaap:OfficeEquipment 2014-03-31 07387379 uk-gaap:OfficeEquipment 2013-04-01 2014-03-31 07387379 uk-gaap:OfficeEquipment 2013-03-31 07387379 uk-bus:RegisteredOffice 2013-04-01 2014-03-31 07387379 uk-gaap:WithinOneYear 2014-03-31 07387379 uk-gaap:WithinOneYear 2013-03-31 07387379 uk-gaap:AfterOneYear 2014-03-31 07387379 uk-gaap:AfterOneYear 2013-03-31 07387379 uk-gaap:BetweenOneFiveYears 2014-03-31 07387379 uk-gaap:BetweenOneFiveYears 2013-03-31 07387379 uk-gaap:MoreThanFiveYears 2014-03-31 07387379 uk-gaap:MoreThanFiveYears 2013-03-31 iso4217:GBP xbrli:pure xbrli:shares

HIGH ROAD AUCTIONS LIMITED

Company Registration Number:
07387379 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01st April 2013

End date: 31st March 2014

SUBMITTED

Company Information
for the Period Ended 31st March 2014

Director:		C W Blackie
		R J McCarthy
		N O Jhaveri



Company secretary:		K M Caird



Registered office:		30-34 Chiswick High Road


		London

		W4 1TE




Company Registration Number:		07387379 (England and Wales)

Abbreviated Balance sheet
As at 31st March 2014

	Notes	2014 £	2013 £
Fixed assets
Tangible assets:	2	196,604	93,579
Total fixed assets:		196,604	93,579
Current assets
Stocks:		23,359	15,059
Debtors:		222,248	77,115
Cash at bank and in hand:		103,366	33,619
Total current assets:		348,973	125,793
Creditors
Creditors: amounts falling due within one year		764,599	427,706
Net current assets (liabilities):		( 415,626 )	( 301,913 )
Total assets less current liabilities:		( 219,022 )	( 208,334 )
Total net assets (liabilities):		( 219,022 )	( 208,334 )

The notes form part of these financial statements

Abbreviated Balance sheet
As at 31st March 2014
continued

	Notes	2014 £	2013 £
Capital and reserves
Called up share capital:	3	60,000	9,999
Profit and Loss account:		( 279,022 )	( 218,333 )
Total shareholders funds:		( 219,022 )	( 208,334 )

For the year ending 31 March 2014 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 22 December 2014

SIGNED ON BEHALF OF THE BOARD BY:

Name: C W Blackie
Status: Director
Name: R J McCarthy
Status: Director

The notes form part of these financial statements

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

1. Accounting policies

Basis of measurement and preparation of accounts

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for smaller entities.

Turnover policy

Turnover represents the net invoiced value for commissions and the sale of goods, excluding Value Added Tax.

Tangible fixed assets depreciation policy

Depreciation is provided at the following annual rates in order to write off the cost of each asset over its expected useful life on a straight line basis Leasehold premises 20% Plant, Fixtures and equipment 33% Motor vehicles 20%

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

2. Tangible assets

	Total
Cost	£
At 01st April 2013:	152,989
Additions:	153,824
At 31st March 2014:	306,813
Depreciation
At 01st April 2013:	59,410
Charge for year:	50,799
At 31st March 2014:	110,209
Net book value
At 31st March 2014:	196,604
At 31st March 2013:	93,579

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

3. Called up share capital

Allotted, called up and paid

Previous period			2013
Class	Number of shares	Nominal value per share	Total
Ordinary shares:	900	11.11 11.11	9,999
Total share capital:			9,999

Current period			2014
Class	Number of shares	Nominal value per share	Total
Ordinary shares:	1,500	40.00 40.00	60,000
Total share capital:			60,000

On 6th September 2013, 600 ordinary shares were issued at a premium of £82.33 per share

HIGH ROAD AUCTIONS LIMITED Accounts filed on 31-03-2014