Abbreviated Company Accounts - HEMEL TRADE & D.I.Y. SUPPLIES LIMITED

HEMEL TRADE & D.I.Y. SUPPLIES LIMITED - Company Information

06263294 HEMEL TRADE & D.I.Y. SUPPLIES LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 06263294 2013-06-01 2014-05-31 06263294 2014-05-31 06263294 2013-05-31 06263294 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 06263294 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 06263294

HEMEL TRADE & D.I.Y. SUPPLIES LIMITED

Abbreviated Accounts

31 May 2014

HEMEL TRADE & D.I.Y. SUPPLIES LIMITED Registered Number 06263294

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	2,384	3,612
		2,384	3,612
Current assets
Stocks		28,500	28,500
Debtors		24,456	12,880
Cash at bank and in hand		29,340	41,414
		82,296	82,794
Creditors: amounts falling due within one year		(67,657)	(84,830)
Net current assets (liabilities)		14,639	(2,036)
Total assets less current liabilities		17,023	1,576
Total net assets (liabilities)		17,023	1,576
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		17,022	1,575
Shareholders' funds		17,023	1,576

For the year ending 31 May 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.

Approved by the Board on 31 January 2015

And signed on their behalf by:
A W Harvey, Director

HEMEL TRADE & D.I.Y. SUPPLIES LIMITED Registered Number 06263294

Notes to the Abbreviated Accounts for the period ended 31 May 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared on the historical cost basis of accounting and have been
prepared in accordance with applicable accounting standards.
The company has taken advantage of the exemption, conferred by Financial Reporting Standard 1,
from presenting a cash flow statement as it qualifies as a small company.

Turnover policy
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write off the full cost or
valuation less estimated residual value of each asset over its estimated useful life. The principal
rates in use are:
Motor vehicles 25% straight line
Equipment, fixtures and fittings 25% straight line
Computer equipment 33% straight line

2Tangible fixed assets

	£
Cost
At 1 June 2013	25,957
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	25,957
Depreciation
At 1 June 2013	22,345
Charge for the year	1,228
On disposals	-
At 31 May 2014	23,573
Net book values
At 31 May 2014	2,384
At 31 May 2013	3,612

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1