Abbreviated Company Accounts - ESTABLISHMENT HM LIMITED

ESTABLISHMENT HM LIMITED - Company Information

Registered Number 06028318

ESTABLISHMENT HM LIMITED

Abbreviated Accounts

31 December 2014

ESTABLISHMENT HM LIMITED Registered Number 06028318

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	12,924	74,103
		12,924	74,103
Current assets
Stocks		15,770	15,483
Debtors		832,274	565,293
Cash at bank and in hand		134,992	85,293
		983,036	666,069
Prepayments and accrued income		73,835	50,058
Creditors: amounts falling due within one year		(304,520)	(497,198)
Net current assets (liabilities)		752,351	218,929
Total assets less current liabilities		765,275	293,032
Creditors: amounts falling due after more than one year		(470,528)	-
Total net assets (liabilities)		294,747	293,032
Capital and reserves
Called up share capital		507,500	507,500
Profit and loss account		(212,753)	(214,468)
Shareholders' funds		294,747	293,032

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 directors acknowledge their 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 Board on 29 September 2015

And signed on their behalf by:
Hiren Patel, Director

ESTABLISHMENT HM LIMITED Registered Number 06028318

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover consist of Sales generated from sales and are net of value added tax. Sales receivable is credited to the profit and loss account over the period in which it relates.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings 33.33% Straight Line.

2Tangible fixed assets

	£
Cost
At 1 January 2014	578,337
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	578,337
Depreciation
At 1 January 2014	504,234
Charge for the year	61,179
On disposals	-
At 31 December 2014	565,413
Net book values
At 31 December 2014	12,924
At 31 December 2013	74,103