HWL Limited - Period Ending 2014-12-31

HWL Limited 01567658 false true 2014-01-01 2014-12-31 2014-12-31 true 01567658 2014-01-01 2014-12-31 01567658 2014-12-31 01567658 uk-bus:OrdinaryShareClass1 2014-12-31 01567658 uk-gaap:Subsidiary1 2014-12-31 01567658 uk-bus:Director1 2014-01-01 2014-12-31 01567658 uk-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 01567658 uk-gaap:Subsidiary1 2014-01-01 2014-12-31 01567658 uk-gaap:Subsidiary1 uk-countries:England 2014-01-01 2014-12-31 01567658 2013-12-31 01567658 2013-12-31 01567658 uk-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 01567658

HWL Limited

Unaudited Abbreviated Accounts

31 December 2014

HWL Limited
Contents

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

2 to 4

HWL Limited
abbreviated balance sheet
31 December 2014

		Note		2014		2013 £
	£		£
Fixed assets
Investments					29,628	29,628
Current assets
Debtors				338,466		338,466
Creditors: Amounts falling due within one year				(233,997)		(233,997)
Net current assets					104,469	104,469
Net assets					134,097	134,097
Capital and reserves
Called up share capital		3		100		100
Profit and loss account				133,997		133,997
Shareholders' funds					134,097	134,097

For the year ending 31 December 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 16 September 2015

.........................................
Mr A R H Meier
Director

Company Registration Number: 01567658

The notes on pages 2 to 4 form an integral part of these financial statements.
1

HWL Limited
Notes to the Abbreviated Accounts
Year Ended 31 December 2014

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Going concern

The financial statements have been prepared on a going concern basis.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

HWL Limited
Notes to the Abbreviated Accounts
Year Ended 31 December 2014

2	Fixed assets

	Investments £	Total £
Cost
At 1 January 2014	29,628	29,628
At 31 December 2014	29,628	29,628
Depreciation
At 31 December 2014	-	-
Net book value
At 31 December 2014	29,628	29,628
At 31 December 2013	29,628	29,628

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Country of incorporation	Holding	Proportion of voting rights and shares held	Principal activity
Subsidiary undertakings
Haircloth Weaving & Finishing Company Limited	England	Ordinary	100%	The provision of and the supplying of services to managed workspaces.

The profit for the financial period of Haircloth Weaving & Finishing Company Limited was £197,781 and the aggregate amount of capital and reserves at the end of the period was £2,895,368.

HWL Limited
Notes to the Abbreviated Accounts
Year Ended 31 December 2014

3	Share capital

Allotted, called up and fully paid shares

	2014			2013
		No.	£		No.	£
Ordinary of £1 each		100	100		100	100

Control

The company is controlled by HWL Holdings Limited. HWL Holdings Limited is incorporated in Engand and was under the control of Mr A R H Meier throughout the year. Group accounts have not been prepared on the basis that the group is small.