Accounts filed on 31-03-2015


Registered number: 06810531






Heartwood Designs Ltd


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31/03/2015
























Prepared By:
Accounting Centre Eynsham Ltd
t/a Kavanaghs
1 Abbey St
Eynsham
Oxon
OX29 4TB


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31/03/2015

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 06810531


Registered Number: 06810531

BALANCE SHEET AT 31/03/2015

			2015		2014
	Notes		£		£

FIXED ASSETS
Tangible assets	2		9,717		11,744

CURRENT ASSETS
Stock		3,500		3,500
Debtors (amounts falling due within one year)	3	44,457		41,246
Cash at bank and in hand		1		57
		47,958		44,803
CREDITORS: Amounts falling due within one year		69,399		91,171
NET CURRENT LIABILITIES			(21,441)		(46,368)
TOTAL ASSETS LESS CURRENT LIABILITIES			(11,724)		(34,624)

CAPITAL AND RESERVES

Called up share capital	4		2		2
Profit and loss account			(11,726)		(34,626)
SHAREHOLDERS' FUNDS			(11,724)		(34,624)

For the year ending 31/03/2015 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 24/09/2015 and signed on their behalf by




David Willats
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		25%
Fixtures and Fittings		15%
Equipment		25%
Motor Cars		25%




1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.




1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




3. DEBTORS	2015	2014
	£	£

Amounts falling due within one year:
Trade debtors	42,747	40,701
Other debtors	1,710	545
	44,457	41,246




4. SHARE CAPITAL	2015	2014
	£	£
Allotted, issued and fully paid:
2 Ordinary shares of £1 each	2	2
	2	2