HEAVY PETAL LONDON LTD

HEAVY PETAL LONDON LTD

HEAVY PETAL LONDON LIMITED - Company Information

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Company Registration No. 08451393 (England and Wales)
HEAVY PETAL LONDON LTD Abbreviated unaudited accounts for the year ended 30 June 2015
HEAVY PETAL LONDON LTD Abbreviated Balance Sheet as at 30 June 2015
2015 
2014 
Notes
£ 
£ 
Fixed assets
Tangible assets
2
794 
1,059 
Current assets
Cash at bank and in hand
11,294 
10,557 
Creditors: amounts falling due within one year
(11,360)
(10,672)
Net current liabilities
(66)
(115)
Total assets less current liabilities
728 
944 
Provisions for liabilities
(159)
(212)
Net assets
569 
732 
Capital and reserves
Called up share capital
3
1 
1 
Profit and loss account
568 
731 
Total shareholders' funds
569 
732 
For the year ending 30 June 2015 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
Approved by the board on 10 February 2015
Mr John Derry-Bunce Director Company Registration No. 08451393
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HEAVY PETAL LONDON LTD Notes to the Abbreviated Accounts for the year ended 30 June 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 VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Computer equipment
25% reducing balance
2
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost
At 1 July 2014
1,163 
250 
1,413 
At 30 June 2015
1,163 
250 
1,413 
Depreciation
At 1 July 2014
291 
63 
354 
Charge for the year
218 
47 
265 
At 30 June 2015
509 
110 
619 
Net book value
At 30 June 2015
654 
140 
794 
At 30 June 2014
872 
187 
1,059 
3
Share capital
2015 
2014 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
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