2013-09-01
true
false
Private Limited Company
06984596
2014-08-31
06984596
2013-09-01
2014-08-31
06984596
2013-08-31
06984596
2012-09-01
2013-08-31
06984596
uk-bus:Director1
2013-09-01
2014-08-31
06984596
uk-gaap:PlantMachinery
2013-09-01
2014-08-31
06984596
uk-gaap:ComputerEquipment
2013-09-01
2014-08-31
06984596
uk-gaap:CommercialMotorVehicles
2013-09-01
2014-08-31
06984596
uk-gaap:FixturesFittings
2013-09-01
2014-08-31
06984596
uk-bus:OrdinaryShareClass1
2014-08-31
iso4217:GBP
Hub Kitchen Design Limited |
For the year ended 31 August 2014
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06984596
2
Hub Kitchen Design Limited
For the year ended 31 August 2014
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
Hub Kitchen Design Limited
Accountants' Report
For the year ended 31 August 2014
As described on the balance sheet you are responsible for the preparation of the financial statements for the year |
ended 31 August 2014 and you consider that the company is exempt from an audit under the Companies Act 2006. |
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you |
to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
S G Accountants Limited
150A Preston Old Road
Blackpool
Lancashire
FY3 9QP
1 of 4
4
Abbreviated Balance Sheet |
Hub Kitchen Design Limited
2014
2013
2
21,586
21,586
21,586
21,586
37,500
34,500
3,457
3,942
21,630
100
60,072
41,057
Creditors: amounts falling due within one year |
(58,306)
(72,302)
(17,249)
(12,230)
Net current liabilities
Total assets less current liabilities |
9,356
4,337
9,356
Net assets
4,337
100
3
100
9,256
4,237
9,356
4,337
Shareholders funds
For the year ended 31 August 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; |
2) 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. |
Date approved by the board: 29 April 2015 |
Signed on behalf of the board of directors |
2 of 4
5
Notes to the Abbreviated Financial Statements |
Hub Kitchen Design Limited
For the year ended 31 August 2014
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities. |
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
Fixtures and Fittings
Assets on finance lease and hire purchase |
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and |
rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets |
and depreciated over the shorter of the lease term and their estimated expected useful lives. |
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods. |
Stocks and work in progress |
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
3 of 4
6
Notes to the Abbreviated Financial Statements |
Hub Kitchen Design Limited
For the year ended 31 August 2014
26,982
26,982
5,396
5,396
21,586
21,586
1,000 Class A shares of £1.00 each |
Allotted called up and fully paid |
2014
2013
100 Class A shares of £1.00 each |
100
100
100
100
4 of 4