Abbreviated Company Accounts - HEROSH LIMITED

04742811 HEROSH LIMITED 2016-05-31 false 2015-06-01 2016-05-31 true 04742811 2015-06-01 2016-05-31 04742811 2016-05-31 04742811 2015-05-31 04742811 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 04742811 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 04742811

HEROSH LIMITED

Abbreviated Accounts

31 May 2016

HEROSH LIMITED Registered Number 04742811

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	-	-
Tangible assets	3	138,844	138,587
		138,844	138,587
Current assets
Stocks		9,896	10,215
Debtors		110,619	106,132
Cash at bank and in hand		85,896	44,415
		206,411	160,762
Creditors: amounts falling due within one year		(189,187)	(140,141)
Net current assets (liabilities)		17,224	20,621
Total assets less current liabilities		156,068	159,208
Total net assets (liabilities)		156,068	159,208
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		155,968	159,108
Shareholders' funds		156,068	159,208

For the year ending 31 May 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 12 December 2016

And signed on their behalf by:
Mr C.D. Patel, Director

HEROSH LIMITED Registered Number 04742811

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures & Fittings - 25% Reducing Balance

Intangible assets amortisation policy
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Goodwill - Written Off

2Intangible fixed assets

	£
Cost
At 1 June 2015	160,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	160,000
Amortisation
At 1 June 2015	160,000
Charge for the year	-
On disposals	-
At 31 May 2016	160,000
Net book values
At 31 May 2016	0
At 31 May 2015	0

3Tangible fixed assets

	£
Cost
At 1 June 2015	149,336
Additions	813
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	150,149
Depreciation
At 1 June 2015	10,749
Charge for the year	556
On disposals	-
At 31 May 2016	11,305
Net book values
At 31 May 2016	138,844
At 31 May 2015	138,587

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

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100