Huddlebuy Limited - Limited company - abbreviated - 11.6

Huddlebuy Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 07355963 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

HUDDLEBUY LIMITED

HUDDLEBUY LIMITED (REGISTERED NUMBER: 07355963)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

HUDDLEBUY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2014







DIRECTORS: C P Cao
S Chopra
U Goyal





REGISTERED OFFICE: Ground Floor
Broken Wharf House
2 High Timber Street
London
EC4V 3DT





REGISTERED NUMBER: 07355963 (England and Wales)





ACCOUNTANTS: Hackett Griffey LLP
Chartered Certified Accountants
2 Mill Road
Haverhill
Suffolk
CB9 8BD

HUDDLEBUY LIMITED (REGISTERED NUMBER: 07355963)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 9,161 7,970

CURRENT ASSETS
Debtors 352,470 41,880
Cash at bank 402,188 382,543
754,658 424,423
CREDITORS
Amounts falling due within one year 206,026 59,238
NET CURRENT ASSETS 548,632 365,185
TOTAL ASSETS LESS CURRENT
LIABILITIES

557,793

373,155

PROVISIONS FOR LIABILITIES 1,832 1,594
NET ASSETS 555,961 371,561

CAPITAL AND RESERVES
Called up share capital 3 1,275 1,275
Share premium 351,749 351,749
Profit and loss account 202,937 18,537
SHAREHOLDERS' FUNDS 555,961 371,561

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

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.

HUDDLEBUY LIMITED (REGISTERED NUMBER: 07355963)

ABBREVIATED BALANCE SHEET - continued
31 DECEMBER 2014


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 30 September 2015 and were signed on its behalf
by:




C P Cao - Director



S Chopra - Director


HUDDLEBUY LIMITED (REGISTERED NUMBER: 07355963)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014

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 is the amount derived from ordinary activities, stated after trade discounts, other sales taxes and net of
VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment - 25% on cost
Computer equipment - 25% on cost

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2014 10,115
Additions 4,053
At 31 December 2014 14,168
DEPRECIATION
At 1 January 2014 2,145
Charge for year 2,862
At 31 December 2014 5,007
NET BOOK VALUE
At 31 December 2014 9,161
At 31 December 2013 7,970

HUDDLEBUY LIMITED (REGISTERED NUMBER: 07355963)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2014

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
1,275,089 Ordinary 0.1p 1,275 1,275