Abbreviated Company Accounts - IAN HEARLE LIMITED

IAN HEARLE LIMITED - Company Information

06275559 IAN HEARLE LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 06275559 2015-01-01 2015-12-31 06275559 2015-12-31 06275559 2014-12-31 06275559 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 06275559 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 06275559

IAN HEARLE LIMITED

Abbreviated Accounts

31 December 2015

IAN HEARLE LIMITED Registered Number 06275559

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	4,056	5,407
		4,056	5,407
Current assets
Debtors		34,302	27,355
Cash at bank and in hand		15,572	8,917
		49,874	36,272
Net current assets (liabilities)		49,874	36,272
Total assets less current liabilities		53,930	41,679
Creditors: amounts falling due after more than one year	3	(20,513)	(20,543)
Total net assets (liabilities)		33,417	21,136
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		33,416	21,135
Shareholders' funds		33,417	21,136

For the year ending 31 December 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 30 September 2016

And signed on their behalf by:
Ian Hearle, Director

IAN HEARLE LIMITED Registered Number 06275559

Notes to the Abbreviated Accounts for the period ended 31 December 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 goods and services supplied for the company, net of value added tax and trade discounts

Tangible assets depreciation policy
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciated and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value

Other accounting policies
Dividends - Proposed dividends are only included as liabilities in the financial statements when their payment has been approved by the shareholders prior to the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 January 2015	18,225
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	18,225
Depreciation
At 1 January 2015	12,818
Charge for the year	1,351
On disposals	-
At 31 December 2015	14,169
Net book values
At 31 December 2015	4,056
At 31 December 2014	5,407

3Creditors

	2015 £	2014 £
Secured Debts	-	432

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

	2015 £	2014 £
1 A Ordinary shares of £1 each	1	1