Registered number: 08032312 | ||||||||
FOR THE YEAR ENDED 30 APRIL 2017 | ||||||||
Prepared By: | ||||||||
Willow Accounting & Consultancy | ||||||||
Chartered Certified Accountants | ||||||||
3a Springfield Road | ||||||||
Ashley Cross | ||||||||
Poole | ||||||||
Dorset | ||||||||
BH14 0LG |
Harvard Window Cleaning Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30 APRIL 2017 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Dorset | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 08032312 | ||||||||
ACCOUNTANTS | ||||||||
Willow Accounting & Consultancy | ||||||||
Chartered Certified Accountants | ||||||||
3a Springfield Road | ||||||||
Ashley Cross | ||||||||
Poole | ||||||||
Dorset | ||||||||
BH14 0LG |
Harvard Window Cleaning Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30 APRIL 2017 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Harvard Window Cleaning Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2017 | 2016 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 2 | |||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | 345 | 656 | ||||||||
Debtors | 5 | 20,373 | 39,523 | |||||||
Cash at bank and in hand | ||||||||||
23,821 | 41,720 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | 20,055 | 42,483 | |||||||
NET CURRENT ASSETS / (LIABILITIES) | 3,766 | (763) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | 12,708 | 10,861 | ||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | 647 | 1,034 | |||||||
NET ASSETS | 12,061 | 9,827 | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | 1 | 1 | |||||||
Profit and loss account | 12,060 | 9,826 | ||||||||
SHAREHOLDERS' FUNDS | 9,827 | |||||||||
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Harvard Window Cleaning Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30 APRIL 2017 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | 25% | |||||||
Commercial Vehicles | 25% | |||||||
Equipment | 25% | |||||||
Motor Cars | 25% |
1c. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
1d. Goodwill | ||||||||
1e. Leases | ||||||||
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term. |
Harvard Window Cleaning Limited | ||||||||
2. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 1 May 2016 | 3,000 | 3,000 | ||
At 30 April 2017 | 3,000 | 3,000 | ||
Depreciation | ||||
At 1 May 2016 | 900 | 900 | ||
For the year | 300 | 300 | ||
At 30 April 2017 | 1,200 | 1,200 | ||
Net Book Amounts | ||||
At 30 April 2017 | 1,800 | 1,800 | ||
At 30 April 2016 | ||||
3. TANGIBLE FIXED ASSETS | ||||||||||
Plant and | Commercial | |||||||||
Machinery | Vehicles | Equipment | Motor Cars | Total | ||||||
£ | £ | £ | £ | £ | ||||||
Cost | ||||||||||
At 1 May 2016 | 407 | 12,884 | 1,768 | 3,500 | 18,559 | |||||
At 30 April 2017 | 407 | 12,884 | 1,768 | 3,500 | 18,559 | |||||
Depreciation | ||||||||||
At 1 May 2016 | 280 | 6,366 | 858 | 1,531 | 9,035 | |||||
For the year | 32 | 1,630 | 228 | 492 | 2,382 | |||||
At 30 April 2017 | 312 | 7,996 | 1,086 | 2,023 | 11,417 | |||||
Net Book Amounts | ||||||||||
At 30 April 2017 | ||||||||||
At 30 April 2016 | ||||||||||
4. STOCK | 2017 | 2016 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock | ||||||
Harvard Window Cleaning Limited | ||||||||
5. DEBTORS | 2017 | 2016 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 8,618 | 15,500 | ||||||
Other debtors | 11,717 | 23,985 | ||||||
Prepayments | 38 | 38 | ||||||
20,373 | 39,523 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2017 | 2016 | |||||||
£ | £ | |||||||
UK corporation tax | 9,037 | 9,037 | ||||||
Directors current account | 92 | 551 | ||||||
Bank loans and overdrafts | - | 3,695 | ||||||
Bank Loan | 2,500 | 11,674 | ||||||
Hire purchase | 5,432 | 8,266 | ||||||
Trade creditors | 832 | 1,612 | ||||||
Other creditors | 412 | 4,348 | ||||||
Accruals | 1,750 | 3,300 | ||||||
20,055 | 42,483 | |||||||
7. PROVISIONS FOR LIABILITIES | 2017 | 2016 | ||||||
£ | £ | |||||||
Deferred taxation | 647 | 1,034 | ||||||
647 | 1,034 | |||||||
8. SHARE CAPITAL | 2017 | 2016 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
1 | 1 | |||||||
1 | 1 | |||||||
Harvard Window Cleaning Limited | ||||||||
9. CONTROLLING PARTY | ||||||||
The company is controlled by Miss R Sharma-Sly. | ||||||||