| Harvest Heat Ltd |
| Registered number: |
08017268 |
| Abbreviated Balance Sheet |
| as at 31 March 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
103,478 |
|
|
99,044 |
|
| Current assets |
| Stocks |
|
|
2,700 |
|
|
9,472 |
| Debtors |
|
|
1,956 |
|
|
33,737 |
| Cash at bank and in hand |
|
|
9,055 |
|
|
28,820 |
|
|
|
13,711 |
|
|
72,029 |
|
| Creditors: amounts falling due within one year |
|
|
(207,040) |
|
|
(245,212) |
|
| Net current liabilities |
|
|
|
(193,329) |
|
|
(173,183) |
|
| Net liabilities |
|
|
|
(89,851) |
|
|
(74,139) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(89,951) |
|
|
(74,239) |
|
| Shareholders' funds |
|
|
|
(89,851) |
|
|
(74,139) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Dr P. Dawe |
| Director |
| Approved by the board on 12 November 2015 |
|
| Harvest Heat Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
10% straight line |
|
|
Stock |
|
Stock is valued at the lower of cost and net realisable value, after making allowance for obsolete and slow moving items. |
|
|
Going concern |
|
The directors have considered the financial position of the company and believe it is well placed to manage its business risks successfully. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore the accounts have been prepared on a going concern basis. |
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2014 |
110,048 |
|
Additions |
17,010 |
|
At 31 March 2015 |
127,058 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2014 |
11,004 |
|
Charge for the year |
12,576 |
|
At 31 March 2015 |
23,580 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2015 |
103,478 |
|
At 31 March 2014 |
99,044 |
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
