Abbreviated Company Accounts - HAELAN CENTRE LIMITED

HAELAN CENTRE LIMITED - Company Information

04701730 HAELAN CENTRE LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 04701730 2015-04-01 2016-03-31 04701730 2016-03-31 04701730 2015-03-31 04701730 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 04701730 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 04701730

HAELAN CENTRE LIMITED

Abbreviated Accounts

31 March 2016

HAELAN CENTRE LIMITED Registered Number 04701730

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	155,340	155,340
Tangible assets	3	91,267	112,273
		246,607	267,613
Current assets
Stocks		110,000	98,000
Debtors		83,213	77,902
Cash at bank and in hand		71,520	87,689
		264,733	263,591
Creditors: amounts falling due within one year		(316,535)	(272,141)
Net current assets (liabilities)		(51,802)	(8,550)
Total assets less current liabilities		194,805	259,063
Creditors: amounts falling due after more than one year		-	(15,669)
Total net assets (liabilities)		194,805	243,394
Capital and reserves
Called up share capital	4	150	150
Profit and loss account		194,655	243,244
Shareholders' funds		194,805	243,394

For the year ending 31 March 2016 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 8 September 2016

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 2016

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 the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated 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
Motor vehicles - 25% reducing balance

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

Pensions
The pension costs charged in the financial statements represents the contribution poayable by the company during the year.

2Intangible fixed assets

	£
Cost
At 1 April 2015	155,340
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	155,340
Amortisation
At 1 April 2015	-
Charge for the year	-
On disposals	-
At 31 March 2016	-
Net book values
At 31 March 2016	155,340
At 31 March 2015	155,340

3Tangible fixed assets

	£
Cost
At 1 April 2015	353,754
Additions	6,187
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	359,941
Depreciation
At 1 April 2015	241,481
Charge for the year	27,193
On disposals	-
At 31 March 2016	268,674
Net book values
At 31 March 2016	91,267
At 31 March 2015	112,273

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

	2016 £	2015 £
150 Ordinary shares of £1 each	150	150