Harcon Design Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05857496

HARCON DESIGN LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

Chartered Accountants' Report

6

DIRECTORS:

A M Cawdron

Mrs J Cawdron

SECRETARY:

Mrs J Cawdron

REGISTERED OFFICE:

56 Tallpines Road

Witham St Hughes

Lincoln

Lincolnshire

LN6 9RT

REGISTERED NUMBER:

05857496

ACCOUNTANTS:

Duncan & Toplis Limited

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

FIXED ASSETS

Tangible assets

2

313

551

CURRENT ASSETS

Debtors

66,128

46,322

Cash at bank

139,292

112,171

205,420

158,493

CREDITORS

Amounts falling due within one year

112,270

69,269

NET CURRENT ASSETS

93,150

89,224

TOTAL ASSETS LESS CURRENT LIABILITIES

93,463

89,775

PROVISIONS FOR LIABILITIES

63

106

NET ASSETS

93,400

89,669

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

92,400

88,669

SHAREHOLDERS' FUNDS

93,400

89,669

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 24 February 2016 and were signed on its behalf by:

A M Cawdron - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 amounts charged to customers for services provided during the year, excluding value

added tax and trade discounts. Contracting turnover represents the value of work executed during the year,

once attributable profit can be reliably measured.

Revenue is recognised in the period in which services are performed.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Amounts recoverable on contracts

Revenue is recognised on contracts in accordance with Financial Reporting Standard 5 'Reporting the

substance of transactions: Application Note G Revenue Recognition' where the company has obtained a right

to consideration. Turnover recognised in this manner is based on an assessment of the fair value of the goods

and services provided at the balance sheet date as a proportion of the total value of the contract. Provision is

made against unbilled amounts on those contracts where the right to receive payment is contingent on factors

outside the control of the company. Unbilled revenue is included in debtors.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

and 30 November 2015

985

DEPRECIATION

At 1 December 2014

434

Charge for year

238

At 30 November 2015

672

NET BOOK VALUE

At 30 November 2015

313

At 30 November 2014

551

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1,000

Ordinary

£1

1,000

1,000

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) have

been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Harcon Design Limited for the year ended 30 November 2015 which comprise the Profit and

Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Harcon Design Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Harcon Design Limited and state those matters that we have agreed to state to the Board of Directors of Harcon Design Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Harcon Design Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Harcon Design Limited. You consider that Harcon Design Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Harcon Design Limited.

For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial

statements.

Duncan & Toplis Limited

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

24 February 2016