Abbreviated Company Accounts - HICON LIMITED

04691532 HICON LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true 04691532 2013-07-01 2014-06-30 04691532 2014-06-30 04691532 2013-06-30 04691532 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 04691532 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:Director3 2013-07-01 2014-06-30 uk-gaap-cd-bus:Director3 2014-06-30 uk-gaap-cd-bus:Director3 2013-06-30 iso4217:GBP shares

Registered Number 04691532

HICON LIMITED

Abbreviated Accounts

30 June 2014

HICON LIMITED Registered Number 04691532

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	650	1,300
Tangible assets	3	4,241	3,801
		4,891	5,101
Current assets
Debtors		54,295	103,427
Cash at bank and in hand		4,095	5,601
		58,390	109,028
Creditors: amounts falling due within one year		(61,019)	(113,727)
Net current assets (liabilities)		(2,629)	(4,699)
Total assets less current liabilities		2,262	402
Total net assets (liabilities)		2,262	402
Capital and reserves
Called up share capital		100	100
Profit and loss account		2,162	302
Shareholders' funds		2,262	402

For the year ending 30 June 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 29 March 2015

And signed on their behalf by:
D Legg, Director

HICON LIMITED Registered Number 04691532

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises sales from building and repair work, net of value added tax

Tangible assets depreciation policy
motor vehicles - straight line25%

Intangible assets amortisation policy
25% straight line

2Intangible fixed assets

	£
Cost
At 1 July 2013	2,600
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	2,600
Amortisation
At 1 July 2013	1,300
Charge for the year	650
On disposals	-
At 30 June 2014	1,950
Net book values
At 30 June 2014	650
At 30 June 2013	1,300

3Tangible fixed assets

	£
Cost
At 1 July 2013	8,890
Additions	3,550
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	12,440
Depreciation
At 1 July 2013	5,089
Charge for the year	3,110
On disposals	-
At 30 June 2014	8,199
Net book values
At 30 June 2014	4,241
At 30 June 2013	3,801

4Transactions with directors

Name of director receiving advance or credit:	D Legg and S Corbett
Description of the transaction:	Overdrawn Directors Loan account
Balance at 1 July 2013:	£ 89,889
Advances or credits made:	-
Advances or credits repaid:	£ 38,636
Balance at 30 June 2014:	£ 51,253

4% interest charged on outstanding loans