Abbreviated Company Accounts - HALLBANK LIMITED

SC080567 HALLBANK LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true SC080567 2013-04-01 2014-03-31 SC080567 2014-03-31 SC080567 2013-03-31 SC080567 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 SC080567 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number SC080567

HALLBANK LIMITED

Abbreviated Accounts

31 March 2014

HALLBANK LIMITED Registered Number SC080567

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	923,632	927,105
		923,632	927,105
Current assets
Cash at bank and in hand		44,380	40,616
		44,380	40,616
Creditors: amounts falling due within one year		(27,314)	(25,177)
Net current assets (liabilities)		17,066	15,439
Total assets less current liabilities		940,698	942,544
Creditors: amounts falling due after more than one year		(43,574)	(61,542)
Total net assets (liabilities)		897,124	881,002
Capital and reserves
Called up share capital	3	1,500	1,500
Revaluation reserve		91,825	91,825
Other reserves		500	500
Profit and loss account		803,299	787,177
Shareholders' funds		897,124	881,002

For the year ending 31 March 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 22 August 2014

And signed on their behalf by:
B F Hall, Director

HALLBANK LIMITED Registered Number SC080567

Notes to the Abbreviated Accounts for the period ended 31 March 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 represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each asset over its expected useful life as follows:

Fixtures, fittings and equipment - 10% wear and tear
Motor Vehicles - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2013	949,803
Additions	-
Disposals	(6,514)
Revaluations	-
Transfers	-
At 31 March 2014	943,289
Depreciation
At 1 April 2013	22,698
Charge for the year	2,297
On disposals	(5,338)
At 31 March 2014	19,657
Net book values
At 31 March 2014	923,632
At 31 March 2013	927,105

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,500 Ordinary shares of £1 each	1,500	1,500