Abbreviated Company Accounts - HAELAN CENTRE LIMITED

HAELAN CENTRE LIMITED - Company Information

04701730 HAELAN CENTRE LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 04701730 2014-04-01 2015-03-31 04701730 2015-03-31 04701730 2014-03-31 04701730 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 04701730 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 04701730

HAELAN CENTRE LIMITED

Abbreviated Accounts

31 March 2015

HAELAN CENTRE LIMITED Registered Number 04701730

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	155,340	155,340
Tangible assets	3	112,273	86,427
		267,613	241,767
Current assets
Stocks		98,000	94,583
Debtors		77,902	54,866
Cash at bank and in hand		87,689	31,058
		263,591	180,507
Creditors: amounts falling due within one year		(272,141)	(222,807)
Net current assets (liabilities)		(8,550)	(42,300)
Total assets less current liabilities		259,063	199,467
Creditors: amounts falling due after more than one year		(15,669)	-
Total net assets (liabilities)		243,394	199,467
Capital and reserves
Called up share capital	4	150	150
Profit and loss account		243,244	199,317
Shareholders' funds		243,394	199,467

For the year ending 31 March 2015 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 9 October 2015

And signed on their behalf by:
A. Booth, Director

HAELAN CENTRE LIMITED Registered Number 04701730

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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 represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Leasehold properties - straight line over the life of the lease
Plant and machinery - 25% reducing balance
Fixtures, fittings and equipment - 25% reducing balance

Other accounting policies
Stock
Stock is values at the lower of cost and net realisable value

Pensions
The pension costs charged in the financial statements represents the contribution payable by the company during the year.

2Intangible fixed assets

	£
Cost
At 1 April 2014	155,340
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	155,340
Amortisation
At 1 April 2014	-
Charge for the year	-
On disposals	-
At 31 March 2015	-
Net book values
At 31 March 2015	155,340
At 31 March 2014	155,340

No provision is made on the amortisation of the goodwill.

3Tangible fixed assets

	£
Cost
At 1 April 2014	306,453
Additions	47,300
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	353,753
Depreciation
At 1 April 2014	220,026
Charge for the year	21,454
On disposals	-
At 31 March 2015	241,480
Net book values
At 31 March 2015	112,273
At 31 March 2014	86,427

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
150 Ordinary shares of £1 each	150	150