Abbreviated Company Accounts - H FACTOR DESIGN LIMITED

Abbreviated Company Accounts - H FACTOR DESIGN LIMITED

H FACTOR DESIGN LIMITED - Company Information

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Registered Number 04569682

H FACTOR DESIGN LIMITED

Abbreviated Accounts

31 October 2015

H FACTOR DESIGN LIMITED Registered Number 04569682

Abbreviated Balance Sheet as at 31 October 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 512 104
512 104
Current assets
Debtors 7,359 8,479
Cash at bank and in hand 11,886 34,476
19,245 42,955
Creditors: amounts falling due within one year (10,121) (6,962)
Net current assets (liabilities) 9,124 35,993
Total assets less current liabilities 9,636 36,097
Total net assets (liabilities) 9,636 36,097
Capital and reserves
Called up share capital 1 1
Profit and loss account 9,635 36,096
Shareholders' funds 9,636 36,097
  • For the year ending 31 October 2015 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 February 2016

And signed on their behalf by:
Helene Planting, Director

H FACTOR DESIGN LIMITED Registered Number 04569682

Notes to the Abbreviated Accounts for the period ended 31 October 2015

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
Turnover comprises the invoiced value of services supplied by the company, net of Value Added Tax and trade discounts.

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

Computer Equipment 33% straight line

2Tangible fixed assets
£
Cost
At 1 November 2014 3,040
Additions 658
Disposals -
Revaluations -
Transfers -
At 31 October 2015 3,698
Depreciation
At 1 November 2014 2,936
Charge for the year 250
On disposals -
At 31 October 2015 3,186
Net book values
At 31 October 2015 512
At 31 October 2014 104