Halstead IFM Limited - Limited company - abbreviated - 11.0.0
Halstead IFM Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2013 |
| FOR |
| HALSTEAD INDEPENDENT FINANCIAL |
| MANAGEMENT LIMITED |
| HALSTEAD INDEPENDENT FINANCIAL |
| MANAGEMENT LIMITED (REGISTERED NUMBER: 06408991) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 30 November 2013 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| HALSTEAD INDEPENDENT FINANCIAL |
| MANAGEMENT LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 30 November 2013 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| HALSTEAD INDEPENDENT FINANCIAL |
| MANAGEMENT LIMITED (REGISTERED NUMBER: 06408991) |
| ABBREVIATED BALANCE SHEET |
| 30 November 2013 |
| 30.11.13 | 30.11.12 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| 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. |
| HALSTEAD INDEPENDENT FINANCIAL |
| MANAGEMENT LIMITED (REGISTERED NUMBER: 06408991) |
| ABBREVIATED BALANCE SHEET - continued |
| 30 November 2013 |
| The financial statements were approved by the Board of Directors on |
| HALSTEAD INDEPENDENT FINANCIAL |
| MANAGEMENT LIMITED (REGISTERED NUMBER: 06408991) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 30 November 2013 |
| 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 commissions and sales of services, excluding value added tax. |
| Goodwill |
| Goodwill of £80,000 being the amount paid in connection with the acquisition of a business in 2007, is being |
| amortised evenly over it's estimated useful life of ten years. |
| During the year to 30 November 2010 the company paid an amount regarding purchase of goodwill, this |
| amounted to £20,000, and is being amortised evenly over it's estimated useful life of ten years. |
| Tangible fixed assets |
| Plant and machinery | - |
| Motor vehicles | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
| under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
| are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant period. The |
| capital element of the future payments is treated as a liability. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to the profit and loss account in the period to which they relate. |
| HALSTEAD INDEPENDENT FINANCIAL |
| MANAGEMENT LIMITED (REGISTERED NUMBER: 06408991) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 30 November 2013 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 December 2012 |
| and 30 November 2013 |
| AMORTISATION |
| At 1 December 2012 |
| Amortisation for year |
| At 30 November 2013 |
| NET BOOK VALUE |
| At 30 November 2013 |
| At 30 November 2012 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 December 2012 |
| Additions |
| At 30 November 2013 |
| DEPRECIATION |
| At 1 December 2012 |
| Charge for year |
| At 30 November 2013 |
| NET BOOK VALUE |
| At 30 November 2013 |
| At 30 November 2012 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.11.13 | 30.11.12 |
| value: | £ | £ |
| Ordinary A | £1 |
| Ordinary B | £1 |
| 80,000 | 80,000 |
| HALSTEAD INDEPENDENT FINANCIAL |
| MANAGEMENT LIMITED (REGISTERED NUMBER: 06408991) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 30 November 2013 |
| 6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 30 November 2013 and |
| 30 November 2012: |
| 30.11.13 | 30.11.12 |
| £ | £ |
| Balance outstanding at start of year | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year | ( |
) | ( |
) |
| Balance outstanding at start of year | ( |
) | ( |
) |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year | ( |
) | ( |
) |
| Balance outstanding at start of year | ( |
) | ( |
) |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year | ( |
) | ( |
) |
| Balance outstanding at start of year | ( |
) | ( |
) |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year | ( |
) |