Abbreviated Company Accounts - HAELAN CENTRE LIMITED

HAELAN CENTRE LIMITED - Company Information

04701730 HAELAN CENTRE LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 04701730 2013-04-01 2014-03-31 04701730 2014-03-31 04701730 2013-03-31 04701730 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 04701730 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 04701730

HAELAN CENTRE LIMITED

Abbreviated Accounts

31 March 2014

HAELAN CENTRE LIMITED Registered Number 04701730

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	155,340	155,340
Tangible assets	3	86,427	117,702
		241,767	273,042
Current assets
Stocks		94,583	88,400
Debtors		54,866	37,799
Cash at bank and in hand		31,058	24,123
		180,507	150,322
Creditors: amounts falling due within one year		(222,807)	(236,615)
Net current assets (liabilities)		(42,300)	(86,293)
Total assets less current liabilities		199,467	186,749
Total net assets (liabilities)		199,467	186,749
Capital and reserves
Called up share capital	4	150	150
Profit and loss account		199,317	186,599
Shareholders' funds		199,467	186,749

For the year ending 31 March 2014 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 4 July 2014

And signed on their behalf by:
A. Booth, Director

HAELAN CENTRE LIMITED Registered Number 04701730

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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.

Turnover policy
The turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates to calculate to write off the cost less residual value of each asset over its expected useful life, as follows:
Leasehold properties - straight line over the life of the lease
Plant and Machinery - 25% reducing balance
Fixtures, fittings and equipment - 25% reducing balance

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value

2Intangible fixed assets

	£
Cost
At 1 April 2013	155,340
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	155,340
Amortisation
At 1 April 2013	-
Charge for the year	-
On disposals	-
At 31 March 2014	-
Net book values
At 31 March 2014	155,340
At 31 March 2013	155,340

No provision is made on the amortisation of goodwill

3Tangible fixed assets

	£
Cost
At 1 April 2013	283,782
Additions	37,081
Disposals	(14,410)
Revaluations	-
Transfers	-
At 31 March 2014	306,453
Depreciation
At 1 April 2013	166,080
Charge for the year	63,798
On disposals	(9,852)
At 31 March 2014	220,026
Net book values
At 31 March 2014	86,427
At 31 March 2013	117,702

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
150 Ordinary shares of £1 each	150	150