Hartech Automation Limited - Abbreviated accounts

HARTECH AUTOMATION LTD - Company Information

Registered number

04153788

Hartech Automation Limited

Abbreviated Accounts

31 March 2015

Hartech Automation Limited
Registered number:		04153788
Abbreviated Balance Sheet
as at 31 March 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		2,385			-

Current assets
Debtors		25,314			3,262
Cash at bank and in hand		12,525			4,230
		37,839			7,492

Creditors: amounts falling due within one year		(30,129)			(3,447)

Net current assets			7,710			4,045

Total assets less current liabilities			10,095			4,045

Provisions for liabilities			(477)			-

Net assets			9,618			4,045

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			9,518			3,945

Shareholders' funds			9,618			4,045

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.



Mr M C Hardy
Director
Approved by the board on 23 December 2015

Hartech Automation Limited
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 January 2015).

	The director, having regard to the nature, size and complexity of the business, has assessed the financial risks affecting the company and it's operations for the 12 months from the approval of the financial statements and considers it appropriate to prepare the financial statements on a going concern basis.

	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.

	Equipment			25% straight line

	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 1 April 2014					4,067
	Additions					3,180
	Disposals					(3,441)
	At 31 March 2015					3,806

	Depreciation
	At 1 April 2014					4,067
	Charge for the year					795
	On disposals					(3,441)
	At 31 March 2015					1,421

	Net book value
	At 31 March 2015					2,385


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100


4	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr M C Hardy
	Directors Loan	1,009		-		(1,009)		-

		1,009		-		(1,009)		-