H Z WAY LTD - Abbreviated accounts 16.3

REGISTERED NUMBER: 07453126 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

H Z WAY LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

L A J Dacosta

P Godfrey

R S Godfrey

REGISTERED OFFICE:

Suite 2, Fountain House

1a Elm Park

Stanmore

Middlesex

HA7 4AU

REGISTERED NUMBER:

07453126 (England and Wales)

ACCOUNTANTS:

Donald Jacobs & Partners

CHARTERED ACCOUNTANTS

Suite 2, Fountain House

1a Elm Park

Stanmore

Middlesex

HA7 4AU

FIXED ASSETS

Tangible assets

2

180,823

CURRENT ASSETS

Cash at bank

12,547

213

CREDITORS

Amounts falling due within one year

3

57,046

45,865

NET CURRENT LIABILITIES

(44,499

)

(45,652

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

136,324

135,171

CREDITORS

Amounts falling due after more than one year

3

117,767

121,267

NET ASSETS

18,557

13,904

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

18,457

13,804

SHAREHOLDERS' FUNDS

18,557

13,904

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394
and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 14 December 2016 and were signed on its behalf by:

P Godfrey - Director

1.	ACCOUNTING POLICIES

Accounting convention

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).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Under the provisions of Statement of Standard Accounting Practice 19, " Accounting for Investment Properties", the

directors have valued the leasehold property at £180,823 as at 31 March 2016.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

180,823

NET BOOK VALUE

At 31 March 2016

180,823

At 31 March 2015

180,823

3.

CREDITORS

Creditors include an amount of £ 123,207 (31.3.15 - £ 126,707 ) for which security has been given.

They also include the following debts falling due in more than five years:

31.3.16

31.3.15

£

Repayable by instalments

79,687

83,187

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

£1

100