THE_HERONSGATE_TRADING_ES - Accounts

THE HERONSGATE TRADING ESTATE LIMITED - Company Information

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Company Registration No. 02204470 (England and Wales)

THE HERONSGATE TRADING ESTATE LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015

THE HERONSGATE TRADING ESTATE LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

THE HERONSGATE TRADING ESTATE LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MAY 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

23,500

Current assets

Debtors

5,107

22,743

Cash at bank and in hand

247

496

5,354

23,239

Creditors: amounts falling due within one year

(28,029)

(45,914)

Net current liabilities

(22,675)

Total assets less current liabilities

825

Capital and reserves

Called up share capital

1,000

Profit and loss account

(175)

Shareholders' funds

825

For the financial year ended 31 May 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 15 January 2016

B A Mawhood

Director

Company Registration No. 02204470

THE HERONSGATE TRADING ESTATE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

1.4

Deferred taxation

In accordance with the requirements of FRS19, deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes.

Fixed assets

Tangible assets

Cost

At 1 June 2014 & at 31 May 2015

23,500

At 31 May 2014

23,500

Share capital

2015

2014

Allotted, called up and fully paid

1,000 Ordinary shares of £1 each

1,000