| HEXAGON PROPERTY DEVELOPMENTS LIMITED |
| Registered number: |
08641425 |
| Abbreviated Balance Sheet |
| as at 31 August 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Investments |
2 |
|
|
662,218 |
|
|
- |
|
| Current assets |
| Stock |
|
|
313,972 |
|
|
625,031 |
| Cash at bank and in hand |
|
|
27,594 |
|
|
6,929 |
|
|
|
341,566 |
|
|
631,960 |
|
| Creditors: amounts falling due within one year |
|
|
(850,777) |
|
|
(515,246) |
|
| Net current (liabilities)/assets |
|
|
|
(509,211) |
|
|
116,714 |
|
| Net assets |
|
|
|
153,007 |
|
|
116,714 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
152,907 |
|
|
116,614 |
|
| Shareholders' funds |
|
|
|
153,007 |
|
|
116,714 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| M S Fuard |
| Director |
| Approved by the board on 11 October 2016 |
|
| HEXAGON PROPERTY DEVELOPMENTS LIMITED |
| Notes to the Abbreviated Accounts |
| for the year ended 31 August 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line |
|
|
Stock |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Investments |
£ |
|
|
Cost |
|
Additions |
662,218 |
|
|
At 31 August 2016 |
662,218 |
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
- |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
