ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation


02546255 2014-09-01 false true 2015-08-312015-08-31 02546255 2015-08-31 02546255 2014-09-01 2015-08-31 02546255 2014-08-31 02546255 c:FixturesFittingsToolsEquipment 2014-09-01 2015-08-31 02546255 d:OrdinaryShareClass1 2015-08-31 02546255 d:OrdinaryShareClass1 2014-08-31 02546255 d:OrdinaryShareClass1 2014-09-01 2015-08-31 02546255 d:OrdinaryShareClass2 2015-08-31 02546255 d:OrdinaryShareClass2 2014-08-31 02546255 d:OrdinaryShareClass2 2014-09-01 2015-08-31 02546255 d:Director1 2014-09-01 2015-08-31 xbrli:shares iso4217:GBP

Registered number: 02546255









HECTARE LIMITED







UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2015

 
HECTARE LIMITED
REGISTERED NUMBER: 02546255

ABBREVIATED BALANCE SHEET
AS AT 31 AUGUST 2015

2015
2014
Note
£
£
£
£
 
CURRENT ASSETS





 
Debtors
6,709
5,249

 
Cash at bank

27,087
24,893







 
33,796
30,142
 
CREDITORS: amounts falling due within one year
(2,308)
(1,509)
 
NET CURRENT ASSETS


31,488

28,633
 
TOTAL ASSETS LESS CURRENT LIABILITIES
 31,488

 28,633
  
CAPITAL AND RESERVES

 
Called up share capital
3
100
100
 
Profit and loss account
31,388
28,533
 
SHAREHOLDERS' FUNDS
 

 31,488

 28,633


The Directors consider that the Company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Act. 

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the Company as at 31 August 2015 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf by: 




S. F. Blinkhorn
Director

Date: 25 May 2016

The notes on page 2 form part of these financial statements.

Page 1

 
HECTARE LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2015

1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.3
Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation.  Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & fittings
-
Over 3 years


2.TANGIBLE FIXED ASSETS



£


Cost 



At 1 September 2014 and 31 August 2015

27,000



Depreciation


At 1 September 2014 and 31 August 2015

27,000




Net book value


At 31 August 2015
 -


At 31 August 2014

 -


3.SHARE CAPITAL
        2015
        2014
        £

        £

Allotted, called up and fully paid



75 'A' Ordinary shares of £1 each
75
75
25 'B' Ordinary shares of £1 each
25
25

 100

 100

Page 2