HEMLEY_INTERNATIONAL_LTD - Accounts

HEMLEY_INTERNATIONAL_LTD - Accounts

HEMLEY INTERNATIONAL LTD - Company Information

Print Friendly Version

Company Registration number 06706535
HEMLEY INTERNATIONAL LTD
Abbreviated Accounts
For the year ended 30 September 2015
HEMLEY INTERNATIONAL LTD
Financial statements for the year ended 30 September 2015
Contents
Pages
Balance sheet
1
Notes to the financial statements
2-3
HEMLEY INTERNATIONAL LTD
Abbreviated balance sheet as at 30 September 2015
2015
2014
Notes
£
£
£
£
£
£
Fixed assets
Tangible assets
47,823
48,488
2
Current assets
Debtors
55,353
26,521
Cash at bank and in hand
-
0
13,112
55,353
39,633
Creditors:
amounts falling due within one year
(53,761)
(43,485)
Net current assets/(2014 liabilities)
1,592
(3,852)
Total assets less current liabilities
49,415
44,636
Creditors: amounts falling due after more than one
year
(48,000)
(48,000)
3
1,415
(3,364)
Capital and reserves
Called up share capital
1,000
1,000
4
Profit and loss account
415
(4,364)
Shareholder's funds
1,415
(3,364)
These accounts have been prepared in accordance with the provisions available to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective April 2008).
For the financial year ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. 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 ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and if its profit or loss for the 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 accounts, so far as applicable to the company.
Approved by the board of directors on 6 June 2016 and signed on its behalf.
__________________________ Sharon Hemley - Director
Company Registration No: 06706535
The notes on pages 2 to 3 form part of these financial statements.
1
HEMLEY INTERNATIONAL LTD
Notes to the abbreviated accounts for the year ended 30 September 2015
1
Accounting policies
a)
Basis of accounting
The financial statements are prepared on the historical cost basis of accounting and have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The company has taken advantage of the exemption, conferred by Financial Reporting Standard 1, from presenting a cash flow statement as it qualifies as a small company.
b)
Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.
c)
Depreciation of tangible fixed assets
Depreciation is provided on all tangible fixed assets at rates calculated to write off the full cost or valuation less estimated residual value of each asset over its estimated useful life. The principal rates in use are:
Leasehold property
Over the period of the lease
Motor vehicles
25%  reducing balance
Equipment, fixtures and fittings
25%  reducing balance
d)
Hire purchase and lease transactions
Rentals under operating leases are charged to the profit and loss account as they fall due.
2
Fixed assets
Tangible
fixed
assets
£
£
£
Cost:
At 1 October 2014
52,541
Depreciation:
At 1 October 2014
4,053
Provision for the year
665
At 30 September 2015
4,718
Net book value:
At 30 September 2015
47,823
At 30 September 2014
48,488
3
Creditors: amounts falling due after more than one year
2015
2014
£
£
£
£
£
£
Debenture loan
48,000
48,000
2
HEMLEY INTERNATIONAL LTD
Notes to the abbreviated accounts for the year ended 30 September 2015
(continued)
4
Called-up share capital
2015
2014
£
£
£
£
£
£
Allotted, called up and fully paid
Equity shares:
Ordinary shares of £1 each
1,000
1,000
5
Transactions in which the director have an interest
The following loans to directors subsisted during the year ended 30 September 2015:
Balance
Balance
Maximum
outstanding
outstanding
balance
at start of
at end of
outstanding
year
year
during year
£
£
£
£
£
£
£
£
£
Sharon Hemley
-
0
620
620
3
falsetruetruetruefalsetruefalse2014-10-012015-09-30tmpC050.html2016-06-16067065352014-10-012015-09-30067065352015-09-30067065352014-09-3006706535uk-bus:Director12014-10-012015-09-3006706535uk-gaap:Buildingsuk-gaap:ShortLeaseholdProperties2014-10-012015-09-3006706535uk-gaap:Vehicles2014-10-012015-09-3006706535uk-gaap:FixturesFittingsToolsEquipment2014-10-012015-09-3006706535uk-bus:OrdinaryShareClass12014-10-012015-09-3006706535uk-bus:OrdinaryShareClass12015-09-3006706535uk-bus:OrdinaryShareClass12014-09-3006706535uk-bus:Director12014-09-3006706535uk-bus:Director12015-09-30xbrli:purexbrli:sharesiso4217:GBP