Abbreviated Company Accounts - HALCYON INTERIORS LIMITED

HALCYON INTERIORS LIMITED - Company Information

05453335 HALCYON INTERIORS LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 05453335 2015-04-01 2016-03-31 05453335 2016-03-31 05453335 2015-03-31 05453335 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 05453335 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 uk-gaap-cd-bus:OrdinaryShareClass2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass3 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass3 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass3 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass4 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass4 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass4 2015-03-31 iso4217:GBP shares

Registered Number 05453335

HALCYON INTERIORS LIMITED

Abbreviated Accounts

31 March 2016

HALCYON INTERIORS LIMITED Registered Number 05453335

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	1	15,625
Tangible assets	3	59,277	77,969
		59,278	93,594
Current assets
Stocks		89,995	90,336
Debtors		481,832	130,799
Cash at bank and in hand		499,230	387,858
		1,071,057	608,993
Creditors: amounts falling due within one year		(1,088,174)	(548,243)
Net current assets (liabilities)		(17,117)	60,750
Total assets less current liabilities		42,161	154,344
Provisions for liabilities		-	(1,310)
Accruals and deferred income		(13,308)	(88,355)
Total net assets (liabilities)		28,853	64,679
Capital and reserves
Called up share capital	4	220	220
Profit and loss account		28,633	64,459
Shareholders' funds		28,853	64,679

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 25 November 2016

And signed on their behalf by:
Mrs S Gobel, Director

HALCYON INTERIORS LIMITED Registered Number 05453335

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 is measured at fair value of the consideration received for goods supplied and services rendered, net of Value Added Tax.

Tangible assets depreciation policy
Short Leasehold Property Straight line over the life of the lease.
Fixtures and Fittings 25% pa straight line
Motor Vehicles 25% pa straight line.

Intangible assets amortisation policy
Goodwill 10% pa straight line

2Intangible fixed assets

	£
Cost
At 1 April 2015	375,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	375,000
Amortisation
At 1 April 2015	359,375
Charge for the year	15,624
On disposals	-
At 31 March 2016	374,999
Net book values
At 31 March 2016	1
At 31 March 2015	15,625

3Tangible fixed assets

	£
Cost
At 1 April 2015	209,311
Additions	8,840
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	218,151
Depreciation
At 1 April 2015	131,342
Charge for the year	27,532
On disposals	-
At 31 March 2016	158,874
Net book values
At 31 March 2016	59,277
At 31 March 2015	77,969

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

	2016 £	2015 £
190 Ordinary shares of £1 each	190	190
10 B Ordinary shares of £1 each	10	10
10 C Ordinary shares of £1 each	10	10
10 D Ordinary shares of £1 each	10	10