H & M Interiors Ltd - Abbreviated accounts

Registered number

08012243

H & M Interiors Ltd

Abbreviated Accounts

31 March 2015

H & M Interiors Ltd
Registered number:		08012243
Abbreviated Balance Sheet
as at 31 March 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		7,294			1,389

Current assets
Debtors		43,182			58,170
Cash at bank and in hand		25,682			25,758
		68,864			83,928

Creditors: amounts falling due within one year		(56,622)			(62,187)

Net current assets			12,242			21,741

Total assets less current liabilities			19,536			23,130

Creditors: amounts falling due after more than one year			(7,231)			-



Net assets			12,305			23,130

Capital and reserves
Called up share capital	3		2			2
Profit and loss account			12,303			23,128

Shareholders' funds			12,305			23,130

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



K Marshall
Director
Approved by the board on 6 July 2015

H & M Interiors Ltd
Notes to the Abbreviated Accounts
for the year ended 31 March 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			25% reducing balance
	Motor vehicles			25% reducing balance

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 1 April 2014					2,056
	Additions					8,715
	Disposals					(675)
	At 31 March 2015					10,096

	Depreciation
	At 1 April 2014					667
	Charge for the year					2,431
	On disposals					(296)
	At 31 March 2015					2,802

	Net book value
	At 31 March 2015					7,294
	At 31 March 2014					1,389


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		-		2		2