Abbreviated Company Accounts - HALDON FINANCIAL LIMITED

HALDON FINANCIAL LIMITED - Company Information

07198574 HALDON FINANCIAL LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 07198574 2014-04-01 2015-03-31 07198574 2015-03-31 07198574 2014-03-31 07198574 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 07198574 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 07198574

HALDON FINANCIAL LIMITED

Abbreviated Accounts

31 March 2015

HALDON FINANCIAL LIMITED Registered Number 07198574

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	18,750	22,500
Tangible assets	3	1,333	261
		20,083	22,761
Current assets
Debtors		5,139	5,113
Investments		-	503
Cash at bank and in hand		80,784	76,440
		85,923	82,056
Creditors: amounts falling due within one year		(33,476)	(42,984)
Net current assets (liabilities)		52,447	39,072
Total assets less current liabilities		72,530	61,833
Creditors: amounts falling due after more than one year		(23,781)	(23,781)
Total net assets (liabilities)		48,749	38,052
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		48,649	37,952
Shareholders' funds		48,749	38,052

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 16 April 2015

And signed on their behalf by:
M Coombe, Director

HALDON FINANCIAL LIMITED Registered Number 07198574

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 and derives from the provision of good falling within the company's ordinary activities.

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

Intangible assets amortisation policy
Goodwill - Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 10 years.

Valuation information and policy
Investments - current asset investments are at the lower of cost and net realisable value.

2Intangible fixed assets

	£
Cost
At 1 April 2014	37,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	37,500
Amortisation
At 1 April 2014	15,000
Charge for the year	3,750
On disposals	-
At 31 March 2015	18,750
Net book values
At 31 March 2015	18,750
At 31 March 2014	22,500

3Tangible fixed assets

	£
Cost
At 1 April 2014	960
Additions	1,500
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	2,460
Depreciation
At 1 April 2014	699
Charge for the year	428
On disposals	-
At 31 March 2015	1,127
Net book values
At 31 March 2015	1,333
At 31 March 2014	261

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100