Harrier Offset Limited - Period Ending 2013-12-31

Registration number: 01346457

Harrier Offset Limited
 
  Abbreviated Accounts
 
  for the Year Ended 31 December 2013
 

Brooks Green
  Accountants
  Abbey House
  342, Regents Park Road
  London
  N3 2LJ

Harrier Offset Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Harrier Offset Limited
for the Year Ended 31 December 2013

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Harrier Offset Limited for the year ended 31 December 2013 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Harrier Offset Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Harrier Offset Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Harrier Offset Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Harrier Offset Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Harrier Offset Limited. You consider that Harrier Offset Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Harrier Offset Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Brooks Green
Accountants
Abbey House
342, Regents Park Road
London
N3 2LJ

29 September 2014

Page 1

Harrier Offset Limited
(Registration number: 01346457)
Abbreviated Balance Sheet at 31 December 2013

		Note			2013 £			2012 £
Fixed assets
Tangible fixed assets					525,000			525,000
Current assets
Debtors					287,054			249,887
Cash at bank and in hand					1			24,744
					287,055			274,631
Creditors: Amounts falling due within one year					(98,899)			(83,556)
Net current assets					188,156			191,075
Net assets					713,156			716,075
Capital and reserves
Called up share capital		3			900			900
Revaluation reserve					393,572			393,572
Profit and loss account					318,684			321,603
Shareholders' funds					713,156			716,075

For the year ending 31 December 2013 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 10 September 2014 and signed on its behalf by:

...................................................... Mr A C Riddleston Director

...................................................... Mr C D Riddleston Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Harrier Offset Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2013
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 January 2013		525,000			525,000
At 31 December 2013		525,000			525,000
Depreciation
At 31 December 2013		-			-
Net book value
At 31 December 2013		525,000			525,000
At 31 December 2012		525,000			525,000

3	Share capital

Allotted, called up and fully paid shares

	2013						2012
		No.			£			No.			£
Ordinary of £1 each		900			900			900			900

Page 3

Harrier Offset Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2013
......... continued

4

Control

The company is controlled by Harrier Offset (Holdings) Limited a company registered in England & Wales, which owns 100% of the share capital of Harrier Offset Ltd.

Page 4