HARRISON_PROPS_LIMITED - Accounts

HARRISON PROPS LIMITED - Company Information

Print Friendly Version

Company Registration No. 08900229 (England and Wales)

HARRISON PROPS LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 29 FEBRUARY 2016

HARRISON PROPS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

HARRISON PROPS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

29 FEBRUARY 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

500

Current assets

Debtors

15,910

7,119

Cash at bank and in hand

459

2,033

16,369

9,152

Creditors: amounts falling due within one year

(23,179)

(8,746)

Net current liabilities/(assets)

(6,810)

406

Total assets less current liabilities

(6,310)

406

Capital and reserves

Called up share capital

Profit and loss account

(6,311)

405

Shareholders' funds

(6,310)

406

For the financial year ended 29 February 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 9 November 2016

O Harrison

Director

Company Registration No. 08900229

HARRISON PROPS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 29 FEBRUARY 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements are prepared on the going concern basis. This is dependent upon the continued support from the company's creditors. There is no indication that this support will be withdrawn in the foreseeable future.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

331/3% Straight line

Fixed assets

Tangible assets

Cost

At 1 March 2015

Additions

750

At 29 February 2016

750

Depreciation

At 1 March 2015

Charge for the year

250

At 29 February 2016

250

Net book value

At 29 February 2016

500

Share capital

2016

2015

Allotted, called up and fully paid

1 Ordinary share of £1 each