Abbreviated Company Accounts - HANDFIELD LIMITED

02146409 HANDFIELD LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 02146409 2013-01-01 2013-12-31 02146409 2013-12-31 02146409 2012-12-31 02146409 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 02146409 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:Director3 2013-01-01 2013-12-31 uk-gaap-cd-bus:Director3 2013-12-31 uk-gaap-cd-bus:Director3 2012-12-31 iso4217:GBP shares

Registered Number 02146409

HANDFIELD LIMITED

Abbreviated Accounts

31 December 2013

HANDFIELD LIMITED Registered Number 02146409

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	82	109
		82	109
Current assets
Stocks		160,046	160,046
Debtors		5,549	5,932
Cash at bank and in hand		2,595	16
		168,190	165,994
Creditors: amounts falling due within one year		(111,151)	(111,538)
Net current assets (liabilities)		57,039	54,456
Total assets less current liabilities		57,121	54,565
Creditors: amounts falling due after more than one year		(89,111)	(93,650)
Total net assets (liabilities)		(31,990)	(39,085)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(32,090)	(39,185)
Shareholders' funds		(31,990)	(39,085)

For the year ending 31 December 2013 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 22 September 2014

And signed on their behalf by:
Mr Brian Whitfield, Director

HANDFIELD LIMITED Registered Number 02146409

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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.

Tangible assets depreciation policy
Depreciatioin is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Fixtures, Fittings and Equipment - 25% Reducing Balance Basis.
Plant and Machinery - 25% Reducing Balance Basis.

2Tangible fixed assets

	£
Cost
At 1 January 2013	1,961
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	1,961
Depreciation
At 1 January 2013	1,852
Charge for the year	27
On disposals	-
At 31 December 2013	1,879
Net book values
At 31 December 2013	82
At 31 December 2012	109

3Transactions with directors

Name of director receiving advance or credit:	Mr Brian Whitfield
Description of the transaction:	DLA
Balance at 1 January 2013:	£ 100,767
Advances or credits made:	-
Advances or credits repaid:	£ 1,487
Balance at 31 December 2013:	£ 99,280

The company owes the director, on which no interest has been charged.