Hartley Apartments Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09166252 (England and Wales)

Abbreviated Unaudited Accounts

for the Period

7 August 2014 to 31 August 2015

for

Hartley Apartments Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

N Zamek

REGISTERED OFFICE:

The Office

Inglewood Mansions

289 West End Lane

London

NW6 1RE

REGISTERED NUMBER:

09166252 (England and Wales)

ACCOUNTANTS:

CAAS

Chartered Accountants

Suite 203, 2nd Floor

China House

401 Edgware Road

London

NW2 6GY

CURRENT ASSETS

Stocks

2,343,604

CREDITORS

Amounts falling due within one year

2

1,481,622

NET CURRENT ASSETS

861,982

TOTAL ASSETS LESS CURRENT LIABILITIES

861,982

CREDITORS

Amounts falling due after more than one year

2

932,819

NET LIABILITIES

(70,837

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(70,838

)

SHAREHOLDERS' FUNDS

(70,837

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 3 May 2016 and were signed by:

N Zamek - 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 January 2015).

Going concern

At 31 August 2015, the balance sheet showed a deficit of £70,837. The directors have given an undertaking to

financially support the company for at least 12 months from the date of signature on the Balance Sheet. The

situation will be reviewed after this time. On this basis, the directors consider it appropriate to prepare the

financial statements on the going concern basis.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

2.

CREDITORS

Creditors include an amount of £ 793,320 for which security has been given.

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1

1 Ordinary share of £1 was allotted and fully paid for cash at par during the period.