HALE_HOMES_LIMITED - Accounts
HALE_HOMES_LIMITED - Accounts
Company Registration No. 05302790 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2014
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Debtors
-
Cash at bank and in hand
Creditors: amounts falling due within one year
(32,515 )
(17,643 )
Net current assets/(liabilities)
(17,161 )
Total assets less current liabilities
(17,160 )
Capital and reserves
Called up share capital
3
Profit and loss account
(17,260 )
Shareholders' funds
(17,160 )
Director's responsibilities:
-
-
Approved by the Board for issue on 29 July 2015
Director
Company Registration No. 05302790
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Fixtures, fittings & equipment
1.5
Revenue recognition
Revenue is recognised as earned when, and to the extent that, the firm obtains the right to consideration. It is measured at the fair value of the right to consideration, which represents amounts chargeable to clients, including expenses and disbursements.
Revenue not billed to clients is included in debtors and payments on account in excess of the relevant amount of revenue are included in creditors.
Revenue not billed to clients is included in debtors and payments on account in excess of the relevant amount of revenue are included in creditors.
1.6
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Fixed assets
Tangible assets
£
Cost
At 1 January 2014 & at 31 December 2014
1,197
Depreciation
At 1 January 2014 & at 31 December 2014
1,196
Net book value
At 31 December 2014
1
At 31 December 2013
1
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2014
- 3 -
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid