Abbreviated Company Accounts - HALFPENNY DEVELOPMENT LTD.

HALFPENNY DEVELOPMENT LTD. - Company Information

SC412063 HALFPENNY DEVELOPMENT LTD. 2015-11-30 false 2014-12-01 2015-11-30 true SC412063 2014-12-01 2015-11-30 SC412063 2015-11-30 SC412063 2014-11-30 SC412063 uk-gaap-cd-bus:Director1 2014-12-01 2015-11-30 SC412063 uk-gaap-cd-bus:Director2 2014-12-01 2015-11-30 uk-gaap-cd-bus:Director3 2014-12-01 2015-11-30 uk-gaap-cd-bus:Director3 2015-11-30 uk-gaap-cd-bus:Director3 2014-11-30 uk-gaap-cd-bus:Director4 2014-12-01 2015-11-30 uk-gaap-cd-bus:Director4 2015-11-30 uk-gaap-cd-bus:Director4 2014-11-30 iso4217:GBP shares

Registered Number SC412063

HALFPENNY DEVELOPMENT LTD.

Abbreviated Accounts

30 November 2015

HALFPENNY DEVELOPMENT LTD. Registered Number SC412063

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	676	1,012
		676	1,012
Current assets
Debtors		4,829	5,077
Cash at bank and in hand		-	611
		4,829	5,688
Creditors: amounts falling due within one year		(5,359)	(6,085)
Net current assets (liabilities)		(530)	(397)
Total assets less current liabilities		146	615
Total net assets (liabilities)		146	615
Capital and reserves
Called up share capital		2	2
Profit and loss account		144	613
Shareholders' funds		146	615

For the year ending 30 November 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 31 August 2016

And signed on their behalf by:
C Halfpenny, Director

HALFPENNY DEVELOPMENT LTD. Registered Number SC412063

Notes to the Abbreviated Accounts for the period ended 30 November 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 represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Office equipment - 25% straight line method

2Tangible fixed assets

	£
Cost
At 1 December 2014	1,348
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2015	1,348
Depreciation
At 1 December 2014	336
Charge for the year	336
On disposals	-
At 30 November 2015	672
Net book values
At 30 November 2015	676
At 30 November 2014	1,012

3Transactions with directors

Name of director receiving advance or credit:	C Halfpenny
Description of the transaction:	Loan to directror
Balance at 1 December 2014:	£ 2,538
Advances or credits made:	-
Advances or credits repaid:	£ 135
Balance at 30 November 2015:	£ 2,403

Name of director receiving advance or credit:	J Halfpenny
Description of the transaction:	Loan to director
Balance at 1 December 2014:	£ 2,538
Advances or credits made:	-
Advances or credits repaid:	£ 135
Balance at 30 November 2015:	£ 2,403