HAS Developments Ltd - Limited company - abbreviated - 11.6
HAS Developments Ltd - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 JUNE 2015 |
| FOR |
| HAS Developments Ltd |
| HAS Developments Ltd (Registered number: 01568146) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 30 June 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| HAS Developments Ltd |
| COMPANY INFORMATION |
| for the Year Ended 30 June 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| HAS Developments Ltd (Registered number: 01568146) |
| ABBREVIATED BALANCE SHEET |
| 30 June 2015 |
| 30.6.15 | 30.6.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investment property | 3 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 4 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Revaluation reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on |
| HAS Developments Ltd (Registered number: 01568146) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 30 June 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain |
| assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents rental income which is recognised according to the terms of tenancies. |
| Tangible fixed assets |
| Plant and machinery | - |
| Office equipment | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market |
| value is transferred to a revaluation reserve. |
| Deferred tax |
| Deferred tax is not recognised in respect of timing differences which have originated but not reversed at the balance sheet |
| date since the amount is not material. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 July 2014 |
| Additions |
| At 30 June 2015 |
| DEPRECIATION |
| At 1 July 2014 |
| Charge for year |
| At 30 June 2015 |
| NET BOOK VALUE |
| At 30 June 2015 |
| At 30 June 2014 |
| 3. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST OR VALUATION |
| At 1 July 2014 |
| and 30 June 2015 |
| NET BOOK VALUE |
| At 30 June 2015 |
| At 30 June 2014 |
| HAS Developments Ltd (Registered number: 01568146) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 30 June 2015 |
| 4. | CREDITORS |
| Creditors include the following debts falling due in more than five years: |
| 30.6.15 | 30.6.14 |
| £ | £ |
| Repayable otherwise than by instalments | - | 142,000 |
| Repayable by instalments | 239,666 | 284,262 |
| 239,666 | 426,262 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.6.15 | 30.6.14 |
| value: | £ | £ |
| Ordinary | £1 |
| 6. | INVESTMENT PROPERTY LOANS |
| During the year the directors re-financed some of the company's loans in their own names. This loan finance is considered to |
| be a liability of the company and these loan finance obligations are therefore shown in the company's financial statements. |