Accounts filed on 31-05-2014


Registered number: 05452384






Hezron Limited


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31/05/2014
























Prepared By:
BizNav, Chartered Accountants
Southbridge House
Southbridge Place
Croydon
Surrey
CR0 4HA


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31/05/2014

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 05452384


Registered Number: 05452384

BALANCE SHEET AT 31/05/2014

			2014		2013
	Notes		£		£

FIXED ASSETS
Tangible assets	2		1,470,000		1,470,000

CURRENT ASSETS
Debtors (amounts falling due within one year)	3	1,250		1,250
Cash at bank and in hand		98,390		89,633
		99,640		90,883
CREDITORS: Amounts falling due within one year		15,751		18,424
NET CURRENT ASSETS			83,889		72,459
TOTAL ASSETS LESS CURRENT LIABILITIES			1,553,889		1,542,459


CREDITORS: Amounts falling due after more than one year	4		1,354,816		1,363,009

NET ASSETS			199,073		179,450

CAPITAL AND RESERVES

Called up share capital	5		100		100
Profit and loss account			198,973		179,350
SHAREHOLDERS' FUNDS			199,073		179,450

For the year ending 31/05/2014 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 18/02/2015 and signed on their behalf by




Chinedum Nzelu
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Investment Properties

Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.




1c. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




3. DEBTORS	2014	2013
	£	£

Amounts falling due within one year:
Other debtors	1,250	1,250
	1,250	1,250




4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2014	2013
	£	£
Bank loans and overdrafts	130,321	136,934
Other creditors	1,224,495	1,226,075
	1,354,816	1,363,009

Other creditors relates to director's loan account.




5. SHARE CAPITAL	2014	2013
	£	£
Allotted, issued and fully paid:
1000 ordinary shares of £0.1 each	100	100
	100	100


1000 ordinary shares of £0.1 each were issued on incorporation.




6. RELATED PARTY TRANSACTIONS
As at balance sheet date company owed to the director £1,224,495.




7. CONTROLLING PARTY
In the opinion of the directors there is no single overall controlling party, as no single shareholder has more than 50% of the issued share capital of the company.