Harmony Window Systems Limited - Limited company - abbreviated - 11.6

HARMONY WINDOW SYSTEMS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs A Barnes

M C Breyley

R J Barnes

SECRETARY:

Mrs A Barnes

REGISTERED OFFICE:

22 Union Street

Newton Abbot

Devon

TQ12 2JS

REGISTERED NUMBER:

05779395 (England and Wales)

ACCOUNTANTS:

Check Book Ltd T/A "Barretts"

Chartered Accountants

22 Union Street

Newton Abbot

Devon

TQ12 2JS

FIXED ASSETS

Tangible assets

2

2,450

5,000

CURRENT ASSETS

Stocks

2,509

2,789

Debtors

12,595

23,449

Cash at bank and in hand

4,925

3,826

20,029

30,064

CREDITORS

Amounts falling due within one year

60,588

59,696

NET CURRENT LIABILITIES

(40,559

)

(29,632

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(38,109

)

(24,632

)

CREDITORS

Amounts falling due after more than one year

34,075

52,862

NET LIABILITIES

(72,184

)

(77,494

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(72,284

)

(77,594

)

SHAREHOLDERS' FUNDS

(72,184

)

(77,494

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 17 July 2015 and were signed on its behalf by:

Mrs A Barnes - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

10,272

DEPRECIATION

At 1 January 2014

5,272

Charge for year

2,550

At 31 December 2014

7,822

NET BOOK VALUE

At 31 December 2014

2,450

At 31 December 2013

5,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100

4.	GOING CONCERN

The accounts have been prepared on a going concern basis which assumes the continued financial support of the

directors. At the date of this report that support is continuing.